Central Securities Depository Of IRAN

background

 

Based on Note 1, Article 8 of the statute of Central Securities Depository of Iran, 525,000,000 shares belonging to the Securities and Exchanges Organization are preferred shares, giving the SEO the privilege that three out of five members of the CSDI Board of Directors elected at Annual General Meetings are always from the SEO candidates. 

According to Article 55 of The Securities Market Act of the Islamic Republic of Iran, enacted in December 2005, no real or legal shareholder is allowed to have in possession, whether directly or indirectly, over 5 percent of the shares of Central Securities Depository of Iran.  

 

CSDI Ownership Structure 

The capital of Central Securities Depository of Iran at its establishment was 100 billion rials, comprising 100 million shares, with a nominal value of 1,000 rials per share. According to the following table, it reached 10,500 million rials during the extraordinary general meetings.

 

Timeline of CSDI Capital Increase from Establishment until Today

Capital  Date of Capital Increase Registration Capital Increase Source(s) Capital Increase (percent)

Date of Extraordinary General Meeting

200,000 2010-11-28 Retained Earnings   100 2010-03-15
300,000 2013-06-10 Retained Earnings & Precautionary Reserve 50 2012-04-24
500,000 2014-06-10 Retained Earnings   66.66 2014-04-19
1,500,000 2018-12-08 Retained Earnings & Precautionary Reserve 200 2018-11-13
3,500,000 2021-04-21 Retained Earnings & Precautionary Reserve 1.33 2021-03-08
10,500,000 2021-12-12 Retained Earnings & Precautionary Reserve 200 2021-10-16

 

The company's capital at the date of the annual balance sheets stands at 10,500 billion rials divided into 10,500,000,000 named outstanding shares, each valued at 1,000 rials which has been paid entirely to their owners.

 

CSDI Share Price and Trading History

The company's ticker symbol was listed in the Iran Farabourse First Market in the group of auxiliary activities to intermediary financial institutions, and its shares were traded for the first time on March 8, 2012.

The following table shows the status of the company's shares in the last four years (At End of FY):

 

Capital (million rials)

1,500,000 1,500,000 3,500,000 10,500,000
Share Price (rials) 2633 2700 2700 2700
Market Value (million rials) 3,949,500 4,050,000 - -
Days Shares Traded 7 2 - -
Number of Ticker Open Days 154 3 - -
Value of Traded Shares    (million rials) 274,453 68,551 - -
Number of Traded Shares 92,513,500 25,389,375 - -
Fiscal Year Ending on 2019-03-20 2020-03-19 2021-03-20 2022-03-20