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Kalsimin Sells Its Zanjan Guesthouse Building to a Related Company, Settled by Offsetting Claims and Debts

16 October 2026 | 4 days ago

KSIMup1.9%4,770rials20 October

Kalsimin, traded as KSIM, disclosed in a related-party transaction filing (group B) published on Codal on Wednesday, 14 October 2026 (22 Mehr 1405), the sale of a guesthouse building in Zanjan on 750 square metres of land to Iran Mineral Processing Company. The form dates the transaction to 22 September 2026 (31 Shahrivar 1405).\n\nThe form puts the transaction amount at 1,215,000 million rials (1,215 billion rials, equal to 121.5 billion tomans), the same as the market value of the asset. The book value of the asset is stated as zero, and a certified court expert set the price. Settlement is by offsetting claims against debts, and no discount was granted.\n\nThe company gave the reason for dealing with a related party as the "favourable condition of the property". Because the book value is zero, the sale could lead to a gain being recognised in the financial statements; the filing does not state the effect on profit. KSIM trades on the Farabourse base market.

Source:CodalThe source text

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