Ofogh Kourosh's Major Shareholder Pledges 33 Million Shares to Collateralize Two Kourosh Group Loans
29 September 2026 · 9 days ago
According to a filing on Iran's Codal disclosure system, Kourosh Retail Industry Management Group, which holds 82.38 percent of Ofogh Kourosh Chain Stores (ticker: Ofogh), pledged 33 million of its shares in the company, equal to 0.13 percent of its total holding, to Golrang Industrial Group's Innovation and New Technologies Center on September 29, 2026 (7 Mehr 1405). Per the filing, 16.5 million shares were pledged to secure financing for Kourosh Rice Agro-Industry Company and another 16.5 million shares for Golbarg Kourosh Food Company. The disclosure is filed under the lower-tier group B category and carries no direct impact on Ofogh Kourosh's current financial statements.
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