According to the Tadawul announcement dated July 17, 2025, the Saudi Exchange has confirmed the successful transfer of two companies from the Parallel Market Capped Index (NomuC)(NOMUC.SA) to the prestigious Main Market-Tadawul All Shares Index(TASI.SA), marking a significant milestone in their corporate development.

The announcement reveals that Saudi Azm for Communication and Information Technology Co. and Obeikan Glass Co. will commence trading on the Main Market starting Monday, July 21, 2025, following the exchange's earlier approval granted on June 29, 2025.

According to the Tadawul announcement, Saudi Azm for Communication and Information Technology Co.(9534.SA) will trade under the symbol (7211) in the Software & Services sector, while Obeikan Glass Co.(9531.SA) will operate under the symbol (4145) in the Capital Goods sector. Both companies will be subject to daily price fluctuation limits of 10%, aligning with Main Market standards.

The transition represents a strategic upgrade for both entities, as Main Market listing typically provides enhanced liquidity, broader investor access, and increased visibility within the Saudi capital markets ecosystem. The move reflects the companies' successful fulfillment of the more stringent regulatory and financial requirements associated with Main Market participation.

This development demonstrates the continued evolution and maturation of Saudi Arabia's capital markets, as companies graduate from the parallel market structure to join the premier trading platform alongside established blue-chip corporations.