Presence of the representative of the relevant organizations in the assemblies of investable justice companies in the indirect method

Saeed واشقانیFarahani saidوگو With the economic correspondent of Fars News Agency, regarding the holding of assemblies of equity investable companies and the duties of indirect shareholders, which are managed in the form of provincial investment companies, he said: Various agencies such as the Exchange Organization, the Inspection Agency, the Privatization Organization and other related organizations are formed with the presence of this Working group Justice stock issues are reviewed by the Supreme Council of the Stock Exchange.

He said: “It was also decided that by the end of this year, representatives of organizations related to the representation of justice shareholders in an indirect way by the relevant agencies and with the coordination of the Ministry of Economic Affairs and Finance as the main trustee of justice shares in indirect methods will participate in assemblies of investable justice companies.” .

The head of the Office of Publishers Supervision of the Financial and Services Department of the Exchange Organization is also about That in At present, the main symbols of justice equity investment companies are closed, he said. Equitable are the shares of justice, if they want to hold a general assembly, the representatives of the organizations and bodies related to the representation of the shareholders indirectly participate in the general assemblies and exercise their votes and opinions.

According to واشقانیFarahani It was decided that the relevant executive bodies for each company, for example if it is an industrial company, a representative of Idro Or Imidro or if it is an investable oil and refining company, a representative of the National Refining and Distribution Company in coordination with the Ministry of Economy and Finance as a representative Owner Indirect stocks that have chosen the indirect method are represented by provincial investment companies to attend and exercise voting rights in the general assemblies of investable companies.

Regarding the direct method shareholders, he said: ‌ According to the decision of the Supreme Exchange Council in the previous government, which was made on July 6, this year, the shareholders who have chosen the direct method can directly participate in the meetings of investable companies and the central depository company These shareholders should give a direct method to investable companies such as Mobarakeh Steel or Melli Mes or Tehran Refinery and they should participate in the assembly.

Therefore, in the recent resolution of the Supreme Council of the Stock Exchange, only in the case of indirect shareholders managed in the form of provincial investment companies, it is stated that the representatives of the relevant organizations participate on their behalf, but it is silent about the direct shareholders. The previous applies to them.

The head of the publishers’ supervision department of the financial and service group of the stock exchange organization also said about the profit of 99 investable companies for justice stocks: Working group Submits proposals to the Supreme Council of the Stock Exchange regarding the pursuit of equity issues.

According to him, at present, about 30 million people have chosen the method of indirect management, ie through provincial investment companies, and about 19 million people have chosen the method of direct management, and in total there are more than 49 million justice shareholders in the country.

He said: “The text of the resolution of the Supreme Council of the Stock Exchange acknowledges that by the end of 1400, first, a working group will be formed with the participation of various agencies, including the Exchange and Privatization Organization, which will review justice stock issues. The main indirect method is present in the meetings of investable companies.

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