Tehran Stock Exchange Announces Block Sale of 16.34 Percent Stake in Noosh Mazandaran

Tehran Stock Exchange said in a notice that 16.34 percent of the shares of Noosh Mazandaran will be offered as a non-controlling management block sale on the exchange today, Sunday, August 16, 2026 (25 Mordad 1405). According to Bourse News, the notice did not disclose further details on the base price or payment terms of the offering.

A non-controlling block offering refers to the one-off transfer of a portion of a company's shares without transferring managerial control, and is a common method used by major shareholders in Iran's capital market to exit a position or raise liquidity.