Refah Bank's Auction of Investment Subsidiary Shares Draws No Buyers

21 October 2026 | 7 days ago

Refah Kargaran Bank said in a group B Codal disclosure on Wednesday, October 21, 2026 (29 Mehr 1405), that its auction of shares in Refah Capital Development Investment Company ended without a sale the same day. The bank said there were no prospective buyers at the auction.

The notice concerns shares in the bank's investment affiliate and is separate from its previously announced plan to sell a stake in Amir Kabir Petrochemical. Today's filing reports no concluded transaction or recognised proceeds. The bank has not announced a date for another auction.

Source:CodalThe source text

Refah Bank's Auction of Investment Subsidiary Shares Draws No Buyers

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