Shastan accepted in Tehran Stock Exchange

07 February, 2024
Source: Tehran Times

Shastan Trading Investment Company, a major holding with many subsidiaries active in oil, gas, refining and petrochemical fields, was accepted in the Tehran Stock Exchange (TSE), which is Iran’s main stock exchange, on Monday, the Public Relations Department of TSE reported.

The shares of this company were admitted to the Tehran Stock Exchange a month after the promise of TSE Head Mahmoud Gudarzi in a press conference.

According to the acceptance board of Tehran Stock Exchange in the meeting dated May 7, 2023 with admitting the shares of Shastan Trading Investment Company (Public Stock) in the stock exchange, this company is accepted as the 612th company, from February 5, 2024.

TSE is one of the four Iranian stock exchanges, and the most important one. The other three ones are Iran Mercantile Exchange (IME), Iran Energy Exchange (IRENEX), and Iran’s over-the-counter (OTC) market, known as Iran Fara Bourse (IFB). 

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