Vasepah settles part of its debt by transferring over 2.35 billion Omid shares to Bank Sepah

Sepah Investment Company, trading under the ticker Vasepah, said in a disclosure filed on Iran's codal system on Wednesday, September 9, 2026 (18 Shahrivar 1405), that it transferred 2,350,217,346 of its shares in Omid Investment Management Group to Bank Sepah outside the normal clearing mechanism. Per the filing, the transaction, dated September 9 (18 Shahrivar), was valued at 13,536 billion rials (about 1,354 billion tomans), while the shares' book value on the company's books was 7,264 billion rials (about 726 billion tomans).

The company said the transfer was made to comply with Article 28 of corporate governance rules, which bars a subsidiary from holding shares in its parent company, since Bank Sepah owns nearly 70 percent of Omid Investment Management Group. Based on an auditor's confirmation dated September 1 (10 Shahrivar), the transfer settles part of Sepah Investment's 33,662 billion rial (about 3,366 billion toman) dividend payable debt to Omid Investment Management Group.