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Parsian Bank (BPAR) Opens Cash Auction for Behin Shisheh Abgineh Mir Company

Sahmino Newsroom | 28 October 2026 | 2 days ago

BPARdown2.6%1,831rials28 October

Parsian Bank (ticker BPAR) said in a Group B Codal disclosure published Wednesday, October 28, 2026 (6 Aban 1405), that it plans to sell shares in Behin Shisheh Abgineh Mir Company through an auction to meet regulatory requirements. The call covers a single block of 10,000 shares, equivalent to the company's entire share capital; the bank says it is selling both on its own account and as agent for other shareholders.

According to the filing, the block is to go to the highest bidder for an all-cash payment. Prospective bidders can obtain documents until 14:00 on November 8, 2026 (17 Aban 1405). Announcing an auction is not the same as completing a sale or receiving proceeds, and the disclosure does not state a reserve price or auction result.

Reference:CodalThe original report

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