PGPIC to Raise Capital by 25%

PGPIC to Raise Capital by 25%
(Wednesday, December 17, 2025) 16:12

TEHRAN, Dec 17 (NIPNA) — Persian Gulf Petrochemical Industries Company (PGPIC) said it plans to increase its registered capital by 25% to 125 trillion rials ($), using retained earnings, in line with a pledge made to shareholders at its last annual general meeting.

The board has approved a proposal to raise capital by 25 trillion rials, which will be put to shareholders for approval at an extraordinary general meeting, the company said in a statement.

The capital increase will be implemented through the issuance of bonus shares to existing shareholders, the statement said.

The company, ranked as Iran’s top firm among the country’s 100 largest companies, last raised its capital by 25 trillion rials in March 2025, lifting it to 100 trillion rials from 75 trillion rials. Following the planned increase, its registered capital will reach 125 trillion rials.

 


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