Dey Bank Draws No Bid for Its Damavand Power Control Block and Schedules Three New Sales for 18 November

Dey Bank (ticker BDYZ) said in a Group B Codal disclosure published on Wednesday, 4 November 2026 (13 Aban 1405), that the first-stage auction of its controlling block in Damavand Power Generation Company was held on Tuesday, 3 November (12 Aban) and received no purchase offer. The bank had earlier said the block covers 45.81 percent of the company. The disclosure does not say when the block will be offered again.

The same day the bank announced three other sales for 18 November 2026 (27 Aban 1405): a second-stage offering of 800,021,816 shares (13.33 percent) of Zagros Kowsar Power Production and Management Company, a second-stage offering of 3,699,900,000 shares (18.49 percent) of Dey Insurance, and a third stage of sales of its holdings in Dey Financial and Economic Group, Dey Bank Brokerage and Tose'e Didar Iranian. A lack of bids is not a sale or proceeds, and the base prices of the offerings are not given in the disclosure data read.