Danayan Investment (DANP) Approves Related-Party Sale of Stakes in Three Subsidiaries

Danayan Investment Company (ticker DANP) said in an amended group-B Codal disclosure (tracing no. 1632281, 10 November 2026) that its board approved selling the company's stakes in Hiva Business Development, Pars Sepanta Business Development and Sarmayeh Ab Khak Tose'eh to Danayan Financial Group. The buyer was the only bidder in the public auction and its offered prices met the auction notice's terms.

The transaction amount is 4,460,526 million rials, dated 31 October 2026 (9 Aban 1405). The filing gives the book value of the assets sold as 4,706,595 million rials and their market value as 3,382,942 million rials; the book value equals 51.39% of the company's total assets. The buyer is described as a shareholder with a common board member, and 75% of the price is to be received by a 60-day cheque and 25% by a 90-day cheque.