DANP Sells Stakes in Three Subsidiaries to Related Danaian Financial Group, the Only Bidder at the Auction

The board of Danaian Investment Company, ticker DANP, approved the sale of its stakes in three subsidiaries to Danaian Financial Group. According to group B Codal disclosure 1626578, published on Sunday, November 1, 2026, the transaction was dated October 31, 2026 (9 Aban 1405), and the buyer, a shareholder with a common board member, was the only applicant at the auction. The three companies are Hiva Business Development, Pars Sepanta Business Development and Sarmayeh Abokhak Tose'e.

The price is 4,460,526 million rials, about 4.46 trillion rials. The company lists the market value of the assets sold at 3,382,942 million rials and their book value at 4,706,595 million rials, which it says is 51.39 percent of its total assets. The deal is stated as equal to 100 percent of last year's sales revenue.

The price was set on an official court-expert report and the rise in share prices of portfolio companies. The buyer will pay 75 percent by a 60-day cheque and 25 percent by a 90-day cheque.