Based on the supplementary classification of companies accepted in the first and second OTC markets, the oil symbol was upgraded and transferred from the second to the first market.
According to the public relations of the Iranian Investment Petrochemical Group, the symbol of "Petrol", which has met the requirements for the sub-board of the first market of the Tehran Stock Exchange, was transferred from the second board to the sub-board of the first market.
According to the admission guidelines of listed companies, the most important criteria for admission in the main stock market are the amount of capital, free float, clear vision of profitability, good quality of operating profit and cash flows, transparency of financial statements and industry history. Petrol suitable conditions in terms of profitability, financial statements with the opinion of the independent auditor, as well as increasing the market value and capital of the company, have been promoted to the secondary market sub-market of the stock exchange.
The main activity of Iranian Investment Petrochemical Group (Petrol) is investing in shares of listed companies active in the field of preparation and production of petrochemical materials and products and planning and implementation of complementary industry projects with a focus on completing the value chain in the petrochemical industry.
Iranian Petrochemical Investment Group has been accepted as the largest investment company active in the capital market in 1390 with the symbol of Petroleum in the OTC market.
