CSDI News
CSDI Shareholders Approve Capital Increase
CSDI shareholders give nod to capital increase.
The Board of Directors of Central Securities Depository of Iran (CSDI) has received approval for a significant capital increase of nearly 17 trillion IR Rials. During the extraordinary general meeting held on August 5, 2024, shareholders endorsed a 24% increase in capital.
This strategic decision aligns with CSDI’s future growth plans and aims to strengthen its capital base. As per the resolution, the capital will be raised from 13,650 billion IR Rials to 16,950 billion IR Rials, amounting to an increase of 3,300 billion IR Rials.
CSDI is currently on a robust growth trajectory and needs additional capital to boost profitability, support both domestic and international expansion, and enhance its digital capabilities.
Release Date: 8/5/2024
