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SOBZ (Sobhān Investment) Says Appeals Court Upholds Ruling on Firoozeh Building Dispute

Sahmino Newsroom | 2 November 2026 | 11 days ago

SOBZup2.9%3,500rials11 November

SOBZ (Sobhan Investment) said in a Codal letter published on Sunday, November 1, 2026, that Tehran's appeals court rejected the opposing party's appeal in a dispute over the seventh floor of the Firoozeh building and upheld an earlier ruling in the company's favor. The company says the ruling is final. The case concerns delivery of a floor in the building; the disclosure does not state any cash proceeds or earnings effect from the judgment. This is a new ruling in a dispute the company had previously disclosed.

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, SOBZ rose 13 percent, to 3,500 rial.

Over the same days, Tehran Stock Exchange Index rose 10 percent, to 8,427,304.

Over the same days, US Dollar fell 1.7 percent, to 2,669,000 rial.

SOBZ
+12.9%
Tehran Stock Exchange Index
+10.2%
US Dollar
−1.7%

Prices to the close of 12 November

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