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This was approved at the extraordinary general meeting of the Iran Farbors company: capital increase of 4,000 billion riyals "overseas" The extraordinary general meeting of Iran, the over-the-counter company, was held today, November 3, 1405, in the presence of more than 54% of the shareholders, during which the company's capital increase of 4,000 billion riyals was approved. In the extraordinary general meeting of the Iran Stock Exchange, the capital increase of 4,000 billion riyals of this company was approved from two sources of cumulative profit in the amount of 2,000,950 billion riyals and the reserve fund in the amount of 1,000,000 50 billion riyals. In this way, OTC capital increased from 15,800 billion riyals to 19,800 billion riyals. In this forum, the CEO of Farah Bursa Iran, while explaining the history of the establishment of this company and presenting its markets and services, explained the two main goals of this capital increase group and said: One of the reasons for this capital increase is to meet the requirements of the Securities Organization's decision regarding the determination of the minimum optimal capital based on 1,000,000 optimal estimate of Stock Exchange. Shirazi further pointed out the legal advantages of this decision and stated: Also, according to the Production and Infrastructure Financing Law, by carrying out this capital increase, the company will be able to benefit from tax incentives resulting from the capital increase from undistributed profits, in the amount of 53 billion Tomans. Referring to the financing sources of this capital increase, he said: 2,000,950 billion riyals of this capital increase resulted from the accumulated profit and 1,000,000,000,000,000 riyals, were given from the reserve fund, which finally brought the capital without prescription from 15,000,000, 800,000,000,000 riyals, for 19,000,000 800 billion riyals. At this meeting, the latest status of the foreign exchange financial statements during the six months of the year was also announced. Based on this, the CEO of Iran OTC announced the realization of more than 3,758 billion riyals in operating profit and 6,98 billion riyals in net profit during this period (unaudited).

سنا نیوز · SenaNews · Source

This was approved at the extraordinary general meeting of the Iran Farbors company: capital increase of 4,000 billion riyals "overseas" The extraordinary general meeting of Iran, the over-the-counter company, was held today, November 3, 1405, in the presence of more than 54% of the shareholders, during which the company's capital increase of 4,000 billion riyals was approved. In the extraordinary general meeting of the Iran Stock Exchange, the capital increase of 4,000 billion riyals of this company was approved from two sources of cumulative profit in the amount of 2,000,950 billion riyals and the reserve fund in the amount of 1,000,000 50 billion riyals. In this way, OTC capital increased from 15,800 billion riyals to 19,800 billion riyals. In this forum, the CEO of Farah Bursa Iran, while explaining the history of the establishment of this company and presenting its markets and services, explained the two main goals of this capital increase group and said: One of the reasons for this capital increase is to meet the requirements of the Securities Organization's decision regarding the determination of the minimum optimal capital based on 1,000,000 optimal estimate of Stock Exchange. Shirazi further pointed out the legal advantages of this decision and stated: Also, according to the Production and Infrastructure Financing Law, by carrying out this capital increase, the company will be able to benefit from tax incentives resulting from the capital increase from undistributed profits, in the amount of 53 billion Tomans. Referring to the financing sources of this capital increase, he said: 2,000,950 billion riyals of this capital increase resulted from the accumulated profit and 1,000,000,000,000,000 riyals, were given from the reserve fund, which finally brought the capital without prescription from 15,000,000, 800,000,000,000 riyals, for 19,000,000 800 billion riyals. At this meeting, the latest status of the foreign exchange financial statements during the six months of the year was also announced. Based on this, the CEO of Iran OTC announced the realization of more than 3,758 billion riyals in operating profit and 6,98 billion riyals in net profit during this period (unaudited).

This was approved at the extraordinary general meeting of the Iran Farbors company: capital increase of 4,000 billion riyals "overseas" The extraordinary general meeting of Iran, the over-the-counter company, was held today, November 3, 1405, in the presence of more than 54% of the shareholders, during which the company's capital increase of 4,000 billion riyals was approved. In the extraordinary general meeting of the Iran Stock Exchange, the capital increase of 4,000 billion riyals of this company was approved from two sources of cumulative profit in the amount of 2,000,950 billion riyals and the reserve fund in the amount of 1,000,000 50 billion riyals. In this way, OTC capital increased from 15,800 billion riyals to 19,800 billion riyals. In this forum, the CEO of Farah Bursa Iran, while explaining the history of the establishment of this company and presenting its markets and services, explained the two main goals of this capital increase group and said: One of the reasons for this capital increase is to meet the requirements of the Securities Organization's decision regarding the determination of the minimum optimal capital based on 1,000,000 optimal estimate of Stock Exchange. Shirazi further pointed out the legal advantages of this decision and stated: Also, according to the Production and Infrastructure Financing Law, by carrying out this capital increase, the company will be able to benefit from tax incentives resulting from the capital increase from undistributed profits, in the amount of 53 billion Tomans. Referring to the financing sources of this capital increase, he said: 2,000,950 billion riyals of this capital increase resulted from the accumulated profit and 1,000,000,000,000,000 riyals, were given from the reserve fund, which finally brought the capital without prescription from 15,000,000, 800,000,000,000 riyals, for 19,000,000 800 billion riyals. At this meeting, the latest status of the foreign exchange financial statements during the six months of the year was also announced. Based on this, the CEO of Iran OTC announced the realization of more than 3,758 billion riyals in operating profit and 6,98 billion riyals in net profit during this period (unaudited).

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