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Dey Bank (BDYZ) Schedules the Second-Stage Auction of Its 45.81% Damavand Power Stake for 25 November (4 Azar)

Sahmino Newsroom | 11 November 2026 | 18 hours ago

BDYZup1.3%1,922rials11 November

In a group B material disclosure on Codal published on Wednesday, 11 November 2026 (20 Aban 1405), Dey Bank (BDYZ) announced the second-stage block offering of the controlling stake in Damavand Power Generation Company. The bank intends to offer 5,955,632,725 shares, equal to 45.81% of the company, as a block sale for cash, or cash with conditions.

The auction will be held on 25 November 2026 (4 Azar 1405). The Codal notice follows a Farabourse Iran announcement, and the terms and base price are set out in the attached notice.

Reference:CodalThe original report

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