Central Securities Depository Of IRAN

According to the attendance register, more than 74 percent of shareholders were present or represented at the meeting.

CSDI Chairman, Mohammad Sajjad Siahkarzadeh presided over the meeting during which the shareholders consolidated and approved the financial statements for the last Persian calendar year that ended on March 21, 2022. A dividend of 25 IR Rials per share was approved in the General Meeting.

In an address to the shareholders at the meeting, CSDI Chief Executive Officer, Mohammad Baghestani, elaborated on the Depository's strategic plans for the current year.

Baghestani enumerated implementation and development of intelligent mechanized systems for pledging and seizing of securities, capital increase system through priority rights, futures contract settlement platform and providing the infrastructure for the settlement of futures contracts on the energy exchange as among CSDI's priorities for the 2022-2023 agenda.

He said optimizing and development of the comprehensive mechanized dividend distribution system was one of the achievements by CSDI expertise in the year that passed. 

Baghestani added a total of 291 companies last year paid the dividends of shares to their shareholders through CSDI's platforms. 

He went on to say that fortunately this year Central Securities Depository of Iran has prepared the ground for all issuer companies registered by the Securities and Exchange Organization (SEO) to deposit the dividends into their shareholders' accounts through CSDI.

Release Date: 6/28/2022

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