Iran Fara Bourse Posted
Iran Fara Bourse general assembly of the fiscal year 1400 (2021-2022) was held on 07 June. Shareholders approved financial statements. Besides, shareholders elected and approved a new external audit firm Bayat Rayan.
Over 67% of the shareholders participated in the meeting.
In the recent fiscal year, Iran Fara Bourse raised funds for the applicants over 1,898,600 billion IRR mainly due to new admitted companies and Islamic Treasury securities, 47% and 42%, respectively.
Iran Fara Bourse finished the fiscal year with a record of 17,360 billion IRR market capitalization.
“IFB took unprecedented steps to facilitate crowdfunding regulations and to develop derivatives market. Moreover, our critical policy is to develop current ETFs and list various new ones.
Diversification is our core stone.” said CEO Fadaee.
Events of the Year
Iran Fara Bourse realized 2,360 billion IRR and 14,020 billion IRR as operating income and operating profit, respectively.
Iran Fara Bourse’s new major shareholders for the eighth round of the board are listed below:
Arzesh Afarinan Pasargad
Mellat Financial Group
Saba Tamin Brokerage co.
Omid Investment Group
Tehran Stock Exchange
Central Securities Depository of Iran (CSDI)
Iranian Institutional Investor Association