According to the Public Relations department of Negin Iranian Financial Economic Group, the 100% capital increase for the company, trading under the symbol “Vangain,” has been officially registered with the Companies Registration Office following the resolution of the Extraordinary General Assembly and the completion of all legal proceedings.
Accordingly, the capital of Negin Iranian Financial Economic Group has increased from 1,050 billion Tomans to 2,100 billion Tomans. This significant capital increase, funded entirely through the company’s retained earnings, underscores the financial health, exceptional performance, and robust profitability of “Vangain” in recent periods.
This strategic move was undertaken to strengthen the financial structure, improve financial ratios, enhance creditworthiness, and secure the necessary resources for the company’s expansion plans and domestic development projects.