Jahan Foolad Sirjan to execute second stage of capital increase toward 17,000 billion tomans
Aug 5, 2026
Jahan Foolad Sirjan said on Wednesday, 14 Mordad 1405 (5 August 2026), that following a resolution passed at its extraordinary general meeting on 7 Tir 1405, its board will execute the second stage of a delegated capital increase. According to Khabar Online, the plan's final goal is to raise the company's capital from 15,300 billion tomans to 17,000 billion tomans. In this second stage, the board intends to raise capital from 16,300 billion tomans to the 17,000 billion toman ceiling, funded through shareholders' realized receivables, cash contributions and retained earnings. Management said the aim is to improve the company's financial structure, fund working capital needs and strengthen its liquidity position to improve competitiveness.
Source
Khabar Online
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