Nouri Petrochemical Shareholders Approve 60 Percent Capital Increase and 385 Toman Dividend Per Share
11 August 2026 · 2 months ago
According to Bourse News, Nouri Petrochemical's annual and extraordinary general shareholder meeting was held on Monday, August 10, 2026 (19 Mordad 1405), with 81 percent shareholder attendance. Shareholders approved a capital increase from retained earnings, raising registered capital from 60 trillion to 96 trillion rials, a 60 percent increase, and approved a cash dividend of 385 tomans per share. CEO Jamshidi told the meeting the company posted production growth of 3.6 percent, domestic sales growth of 50 percent and export sales growth of 51 percent last year, while cutting debt from 40 trillion to 20 trillion tomans.
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