Subscriptions were suspended until the end of the year

According to Tejarat News, the OTC Admission Deputy regarding the recent underwritings said: The underwriting of Pardis Insurance, Charisma Life Insurance, Farda Smart Insurance and Tehran Rawak Reinsurance companies was done because according to the license issued by the Stock Exchange and Securities Organization, this Companies only had until the first week of January to sign up.
Hojjat Esmailzadeh said: “Although we are aware of some criticisms, but on the other hand, these companies have been seeking the necessary licenses from the Central Insurance, the Exchange Organization and the Companies Registration Office for underwriting for more than a year, if this is not done, this The process stays longer.
He also announced that God willing, in the future, with proper interaction and setting the calendar of offers and underwritings, it will be possible to plan the market better and we do not have a new underwriting at the moment.
“We do not have any underwriting licensed by the Securities and Exchange Commission,” he said.
Source: بورس ۲۴