Refah Bank Sets Auction for Controlling Stake in Amir Kabir Petrochemical

Refah Workers Bank said in a Codal notice published on Monday, October 19, 2026 that it plans to auction a block of 1,872,000,000 shares, equivalent to 52 percent of Amir Kabir Petrochemical, as one cash lot on Monday, November 2, 2026. The notice schedules an auction; it does not establish that a sale has occurred or any profit has been recognised. The bank cited its asset-divestment obligation under Iran's law on removing barriers to production.