Mellal Credit Institution Revises Property Disposal Gain After Signing Auction Contracts

Mellal Credit Institution said in a group-A disclosure on Wednesday, October 28, 2026 (6 Aban 1405), that after signing contracts with buyers of surplus property and projects, its disposal gain has been revised to 89,145,840 million rials. The institution reported sales of 129,067,531 million rials and a cost of 38,779,694 million rials; these are figures and units printed in the filing itself.

Mellal said the initial auction results were announced before sale contracts were ready and it has now updated the profit impact after the details were finalised. This is an asset-disposal gain and does not, on its own, describe profit from the institution's lending business. The amendment bears Codal tracing number 1622967.