Mellal Credit Institution to Hold Extraordinary Assembly on FY1403-1404 Performance September 8

Mellal Credit Institution, a public joint stock credit institution, announced that its extraordinary general assembly to review financial performance for the fiscal years ending Esfand 30, 1403 and 1404 (around March 20, 2025 and March 20, 2026), held under Article 30 of Iran's Central Bank Law, will take place at 4pm and 5pm on Tuesday, September 8, 2026 (17 Shahrivar 1405) at the Central Bank building. According to Bourse News, the institution is simultaneously holding an auction to sell stakes in eleven affiliated and subsidiary companies, including Omran Taklar, Kesht o Sanat Gorgan, Pars Kadous Food Industries and Gostaresh Energy Mellal, on terms of either 100 percent cash or 30 percent cash plus a three year installment plan for the remainder. The institution described the move as part of a balance sheet restructuring and disposal of surplus assets.