SHND Says Its Appeal Secured a Tax Exemption for Fiscal 1400
Sahmino Newsroom | 4 November 2026 | 8 days ago
Sahand Rubber Industries, traded as SHND, said in a Codal filing on November 3, 2026 that its appeal concerning the 1400 fiscal-year tax assessment resulted in acceptance of an exemption on 1,123,244 million rials of taxable income. The company says an initial assessment of 282,741 million rials in tax has been replaced by a final notice of 1,479 million rials in principal tax and 444 million rials in penalties.
The company is seeking a waiver of the penalties, which has not yet been granted. It also says tax cases from other years remain under review. This disclosure concerns fiscal 1400, not the separate 1403 case the company previously disclosed.
Sahmino context
What the prices have done since this story was published, and what Sahmino wrote around it
Since this story was published, SHND rose 9.1 percent, to 28,270 rial.
Over the same days, Tehran Stock Exchange Index rose 6.5 percent, to 8,427,304.
Over the same days, US Dollar fell 1.8 percent, to 2,640,700 rial.
- SHND
- +9.1%
- Tehran Stock Exchange Index
- +6.5%
- US Dollar
- −1.8%
Prices to the close of 11 November
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