IFB held its General Assembly and Extraordinary General Assembly on May 24, 2014.

Saturday, 24 May 2014

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.