IRIS Business Services has announced a board meeting to approve the financial results for the quarter and half-year. After the sudden passing of Founder and CEO S. Swaminathan, Co-Founder and CFO Balachandran Krishnan is managing daily operations. Promoters Deepta Rangarajan and Balachandran reaffirm their commitment to the existing strategy. Deepta now holds the late founder’s shares, keeping promoter stake steady. The company continues strong client traction, with new state MSME projects and an 18-month contract from Qatar Central Bank via Accenture. A new CEO appointment is anticipated soon.