Iris Clothings Limited — Others, 26-05-2025: Shareholders meeting

Iris Clothings Limited has announced a board meeting to approve a bonus issue of 1 fully paid-up equity share of Rs. 2 each for every existing share held, capitalizing free reserves. This aims to reward shareholders, enhance share liquidity, and attract a broader investor base by making shares more affordable. The bonus shares will be issued in dematerialized form and credited directly to shareholders’ accounts. Final approval will be sought through a postal ballot with e-voting.