Iris Clothings Limited — Dividend/Bonus, 07-03-2025: Record Date

Iris Clothings Limited has announced a board meeting to set the record date for their proposed Rights Issue for equity shares at Rs. 2 each. The record date is established for Thursday, 2025, and will determine the shareholders eligible to apply for the Rights Equity Shares. This step is crucial for enhancing shareholder engagement and raising additional capital through the rights offering, which may impact the company’s capital structure and provide existing shareholders with the opportunity to maintain their ownership percentage.