Fars Petrochemical's Annual Shareholder Meeting Postponed to Second Round for Lack of Quorum

The annual ordinary general meeting of Persian Gulf Petrochemical Industries Company (ticker: Fars), scheduled for Saturday, September 5, 2026 (14 Shahrivar 1405), did not take place because the number of shareholders present fell short of the legal quorum, and has been postponed to a second round. According to Donya-e-Eqtesad, a new date for the second round has not yet been announced.

The meeting had been scheduled just days after the Fars holding company reported that its net profit rose 48 percent in the past fiscal year, a year in which the country faced two wars, to more than 187 trillion tomans, according to Boursenews.