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TMMZ Shareholders Approve 42% Cash Capital Increase and a 4-Rial Dividend per Share

Sahmino Newsroom | 2 November 2026 | 10 days ago

TMMZup3.0%2,627rials11 November

The extraordinary general meeting of TMMZ (Tajalli) on Sunday, November 1, 2026 (10 Aban 1405) approved raising capital from 117,900 billion rials to 167,900 billion rials. The increase of 50,000 billion rials, about 42% of prior capital, is funded from claims and cash contributions, according to the summary of decisions on Codal. It therefore dilutes a shareholder who does not subscribe, unlike a rise paid from retained earnings or revaluation.

The same day, an ordinary meeting held on an extraordinary basis approved a cash dividend of 4 rials per share for the fiscal year ended March 20, 2026 (29 Esfand 1404). The filing records earnings of 39 rials per share, net income of 4,539.69 billion rials and a total payout of 471.6 billion rials. The figures reflect the meeting's resolutions, not final registered capital.

Reference:CodalThe original report

Further reports: Codal

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