Alpha Tribe

Iris Business Services LimitedImportant, 28-10-2024: Updates

28-10-2024 · 08:03 pm

IRIS Business Services Limited reported a violation of its Insider Trading Code of Conduct by a whole-time director and CFO, Krishnan Balachandran, due to partial compliance with a trading plan. The Audit Committee issued a warning letter, citing low liquidity and trading restrictions on the company's script as contributing factors. No previous violations were noted since the last financial year, and no penalties were collected for the breach.

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