According to reports, Persian Gulf Holding has prevented the meetings of its subsidiaries, including Nouri Petrochemical, with the argument that some subsidiaries need to finalize their capital increase first. For instance, despite previous plans to hold the Nouri Petrochemical meeting on Wednesday, it is said that this meeting has been halted with the same reasoning.
Delays in Holding Meetings
This process has a clear consequence; as long as the subsidiaries' meetings are not held, the meeting of Persian Gulf Holding will inevitably be delayed. In simpler terms, this action — whether intentional or due to managerial considerations — could lead to the postponement of the holding's meeting, which is supposed to take place next Monday.
Impact on Holding Management
The result of such an event is that Mohammad Shariatmadari will remain in the CEO position of Persian Gulf Holding for a few more days. However, if this scenario is, in the most pessimistic view, a deliberate action to postpone the meeting, the question arises as to what has caused an experienced manager like Shariatmadari to insist so much on maintaining his position?
