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MPGZ Reports Sale of Mapna Renewable Energy Stake Following Auction

Sahmino Newsroom | 10 November 2026 | 16 hours ago

MPGZup3.0%46,730rials11 November

Mapna Iranian Power Management Group (MPGZ) said in a Codal disclosure on Tuesday, November 10, 2026, that its auction of a 19% stake in Mapna Renewable Energy Production Company resulted in a sale. The filing gives a transaction value of 71,063,094 million rials and a cost basis of 1,520,000 million rials. The company said 25% of the proceeds will be paid in cash and the rest in four annual instalments; it will disclose when it books the gain after consulting its auditor. The outcome follows the renewed auction notice on October 27 and is not yet a booked gain in its financial statements.

Reference:CodalThe original report

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