TORZ Reports Higher Rail Haulage Royalty Rate for Mobarakeh Steel Raw Materials

Tooka Rail, traded as TORZ, said in a Codal disclosure published Sunday 25 October 2026 that the royalty rate per tonne-kilometre under its raw-material rail haulage contract with Mobarakeh Steel rose 55% from the previous rate. The change follows a letter from the client dated Saturday 24 October. The company said it had already anticipated the adjustment's effect in its unaudited six-month statements through 22 September 2026, so the full effect is not necessarily new income beyond that report.