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SIMS Sets Bulk Auction for Its Sanaye Siman Gharb Stake

Sahmino Newsroom | 27 October 2026 | 16 days ago

SIMSdown0.9%22,250rials11 November

SIMS (Siman Shomal) said in its October 27, 2026 filing that it plans to offer 282,506,566 shares of Sanaye Siman Gharb in a bulk sale on November 14, 2026. The filing sets the price at a 25% premium to the share's closing price on the announcement day or the day before the offer, whichever produces the higher figure. Announcing the auction does not mean the stake has been sold.

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, SIMS fell 2.2 percent, to 22,270 rial.

Over the same days, Tehran Stock Exchange Index rose 6.3 percent, to 8,427,304.

Over the same days, US Dollar fell 2.0 percent, to 2,640,700 rial.

SIMS
−2.2%
Tehran Stock Exchange Index
+6.3%
US Dollar
−2.0%

Prices to the close of 11 November

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