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Nian Electronics Signs Deal to Supply 40,000 Battery Cells to Iran's Mobile Telecommunication Company

7 October 2026 · yesterday

NIAZunchanged0.0%4,040rials7 October

According to Codal, Nian Electronics disclosed in a group A material disclosure that on 13 Mehr 1405 (October 5, 2026) it signed a contract to supply 40,000 battery cells ordered by Mobile Telecommunication Company of Iran (the Hamrah-e Aval operator), worth 16,827,240 million rials (16,827 billion rials). Under the contract, effective from 14 Mehr, 25 percent of the amount is paid in advance, with the rest settled after each delivery and invoice. The company will also be entitled to receive 1,000 scrap batteries under the deal.

Source:CodalThe source text

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