25-Aug-2026 17:04:19

IRISDOREME RAISED RS 32.12 CR FUNDS FROM QIB @ ₹41.67/SHARE

• Iris Clothings received in-principle approval from NSE for issuing 77,08,183 equity shares on a preferential basis to non-promoters. • The shares will have a face value of ₹2 each, with an issue price of ₹41.67 per share. • The total non-cash consideration for the issue aggregates to ₹32.12 Cr. • Approval is subject to fulfillment of listing application, statutory approvals, and compliance with applicable regulations. • Company advised to strengthen internal controls to avoid non-compliances, particularly regarding intra-day trading.

Iris Clothings Limited

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