Iran Fara Bourse (IFB) held its General Assembly of the year 1392 at solar calendar and also Extraordinary General Assembly on May 24, 2014;
The meeting was held with the presence of more than 84% of shareholders; cash dividend of IRR 200 per share (DPS) and 33% capital increase through the retained earnings was approved. Moreover, election of the Board of Directors was one of the decisions in the meeting; as a result, Parsian Bank, Saba Tamin Investment Company, Omid Investment Group Corporation, Tehran Stock Exchange, Securities & Exchange Brokers Association, Mellat Financial Group and Iran Financial Center were elected as seven board members and also Central Securities Depository of Iran, Investment Service Center of Sistan & Balouchestan and Arvand Economic Development were elected as substitute members.