Warm welcome for Green Project Underwriting

Warm welcome for Green Project Underwriting

A new step was taken at TSE to localize bioethanol production technology in Iran. Tehran Securities Exchange (TSE) announced the accomplishment of the second phase of underwriting for Zagros Green Fuel Development Company on 25 November 2024.

More than IRR 15,980 billion were funded by investors for the green project. Due to the oversubscribed underwriting, a pro rata basis will be applied on the security's distribution.

More: https://old.tse.ir/en/news/newsPages/news_N75488.html