TSE Revisiting Rules for Knowledge-Based Firms

EghtesadOnline: Authorities are in the process of revising rules to help attract knowledge-based companies to the capital. Mahmoud Goodarzi, the CEO of the Tehran Stock Exchange, said "We are focused on rewriting regulations specifically tailored to facilitate the acceptance of knowledge-based companies into the capital market."

News ID: ۷۵۲۵۴۸

09 June 2023

Authorities are in the process of revising rules to help attract knowledge-based companies to the capital. Mahmoud Goodarzi, the CEO of the Tehran Stock Exchange, said "We are focused on rewriting regulations specifically tailored to facilitate the acceptance of knowledge-based companies into the capital market."

"A company engaged in the production of bioethanol (green fuel) will soon be listed on the bourse. It produces bioethanol from corn starch, a product that increases the octane in  gasoline and is environmental-friendly," Goodarzi said.

The revision of regulations is expected to encourage much-needed innovation and economic growth. Efforts are aligned  with the goal of creating a transparent and investor-friendly environment in the stock market and upholding the interest of shareholders and stakeholders alike.