Farabourse Listing Board Approves Saipa Diesel for Its Second Market

Saipa Diesel's chief executive, Mahmoud Soheilnejad, announced that the listing board of Iran Farabourse approved the admission of the company's shares to the Farabourse second market at its session on 3 November 2026 (12 Aban 1405). According to Boursenews, citing Saipa News, the company had submitted the request earlier; Boursenews published the report on 10 November 2026 (19 Aban 1405).

Soheilnejad called entry to Farabourse one of shareholders' main demands of the board in recent years. He said he expects a market presence to raise the company's financial transparency and credibility, ease access to financing and, over the long term, help modernise production infrastructure and upgrade technology in commercial vehicles. The report does not give a date for the first trade of the shares.