Palayeshi Yekom fund converts from an equity fund to a petroleum products sector fund

The Tehran Stock Exchange announced a change in the classification of the Palayeshi Yekom investment fund, traded under the symbol Palayesh, in a notice published by the Securities and Exchange News Agency (SENA) on Sunday 2 August 2026 (11 Mordad 1405).

According to the notice, following decisions taken by the fund's general meeting, its type has changed from an exchange traded equity fund to a sector investment fund in the petroleum products, coke and nuclear fuel industry. The Securities and Exchange Organization confirmed the change under approvals numbered 122/199917 and 122/199904 dated 4 Mordad 1405 (26 July 2026).

As a result, the fund's Persian name has been changed to Palayeshi Yekom Bakhshi. Palayeshi Yekom is one of the state owned funds transferred to the public and holds a basket of shares in Iranian oil refining companies.