NSTH Says Asset-Revaluation Capital Increase Has Been Halted

Tehran Renovation and Building Company (NSTH) said in a Group B Codal filing published on Wednesday 4 November 2026 (13 Aban 1405) that Iran's securities regulator returned its application for a capital increase from the surplus on asset revaluation and did not approve continuing the process at this stage. The company had filed the application to restructure its finances, but said after receiving the regulator's reply on the same date that time limits and the requirements for using tax incentives mean the process can no longer go ahead.

The filing announces a halt to the proposed process, not a shareholders' meeting or approval of a capital increase. In an earlier disclosure on 25 October (3 Aban), NSTH announced an urban-planning permit for a plot in its Kish project; that permit is separate from the capital-increase application. Details of the regulator's response are in the appendix to the Codal letter.