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PTAP Puts Its 53.09% Stake in Abadan Petrochemical Up for Block Sale on Farabourse on 17 November

Sahmino Newsroom | 4 November 2026 | 9 days ago

Tapico (Tamin Oil, Gas and Petrochemical Investment, ticker PTAP) said in a Group B Codal disclosure published on Wednesday, 4 November 2026 (13 Aban 1405), that it will sell 5,309,743,842 shares of Abadan Petrochemical, equal to 53.09 percent of that company, as a cash block sale on the yellow board of Iran Farabourse. The offering day is Tuesday, 17 November 2026 (26 Aban 1405), which the company also gives as the estimated date the result becomes known.

The disclosure cites a letter of 2 November 2026 (11 Aban 1405) from the brokerage Saba Tamin and names the trading line for the offering "Shepetro 4". The form gives neither a base price nor a buyer; the notice is a sale plan, not a completed transaction or proceeds received.

Reference:CodalThe original report

Sahmino context

What the prices have done since this story was published, and what Sahmino wrote around it

Since this story was published, Oil, Gas & Petrochemical Investment rose 6.8 percent, to 47,570 rial.

Over the same days, Tehran Stock Exchange Index rose 6.5 percent, to 8,427,304.

Over the same days, US Dollar fell 0.7 percent, to 2,669,000 rial.

Oil, Gas & Petrochemical Investment
+6.8%
Tehran Stock Exchange Index
+6.5%
US Dollar
−0.7%

Prices to the close of 12 November

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