IRNZ Plans to Appeal Initial Court Ruling in Vayran Share-Trading Case
Sahmino Newsroom | 30 October 2026 | 13 days ago
Iran Expansion Investment, ticker IRNZ, disclosed on Thursday, October 29, 2026 that an initial court ruling in the securities regulator's case concerning 2019 trading in Vayran shares fined the company 226,703,695,248 rials. According to the Codal letter, the decision was served on October 28 and is not final.
The company says it is taking steps to appeal and will disclose the outcome later. This is a separate ruling against IRNZ in a case also disclosed by other companies; each company's stated fine is different.
Sahmino context
What the prices have done since this story was published, and what Sahmino wrote around it
Since this story was published, IRNZ rose 17 percent, to 10,950 rial.
Over the same days, Tehran Stock Exchange Index rose 5.8 percent, to 8,427,304.
Over the same days, US Dollar fell 2.6 percent, to 2,640,700 rial.
- IRNZ
- +16.7%
- Tehran Stock Exchange Index
- +5.8%
- US Dollar
- −2.6%
Prices to the close of 11 November
From Sahmino that week
Dividend payment: TSBE
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Article | 30 OctoberDividend payment: PNTB
Calendar | 30 OctoberIran Radiator Revenue Doubled While Radiator Unit Sales Fell: Cash Collection Tests Sahmino's Target (Thursday 29 October 2026)
Article | 29 October
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