OECP Receives Conditional Approval for Farabourse Second Market Listing
Sahmino Newsroom | 4 November 2026 | 7 days ago
Oil Industries Engineering and Construction, traded as OECP, disclosed on November 3, 2026 that its application for admission to Iran Farabourse's second market has received conditional approval. The Codal notice says approval is subject to conditions set out in an attached letter, rather than reporting an unconditional completed listing.
OECP currently trades on the Farabourse Base Market. The disclosure does not mean the stock has already moved to the second market: the conditions must first be met and a board change announced separately. Such a move could change the applicable trading rules and price bands, but this notice sets no date for it.
Sahmino context
What the prices have done since this story was published, and what Sahmino wrote around it
Since this story was published, OECP rose 12 percent, to 7,620 rial.
Over the same days, Tehran Stock Exchange Index rose 5.6 percent, to 8,357,840.
Over the same days, US Dollar fell 3.4 percent, to 2,599,000 rial.
- OECP
- +12.2%
- Tehran Stock Exchange Index
- +5.6%
- US Dollar
- −3.4%
Prices to the close of 10 November
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