Shegol Raises Prices of Its Hygiene and Cosmetic Products by Nearly 24 Percent

The company trading under the ticker Shegol said in an Group A material disclosure on Codal that, with permission from the Association of Detergent, Hygiene and Cosmetics Industries of Iran, it raised the average sale price of its domestic products, including toothpaste, dish soap, cream, shampoo and bar soap, from 1,815,232 rials to 2,245,211 rials per unit effective September 30, 2026 (8 Mehr 1405), an increase of nearly 24 percent. According to the filing, 96 percent of the company's prior fiscal year sales, worth 31,855,777 million rials, came from these price regulated domestic products, with the remaining 4 percent from exports, which are not subject to the pricing rule.