Iris Business Services Limited — Others, 30-05-2025: Disclosure under SEBI Takeover Regulations

Deepta Rangarajan has acquired 44.72 lakh shares (21.77% stake) in IRIS Business Services through transmission after the passing of Late Mr. Subramaniam Swaminathan, increasing her holding to 59.18 lakh shares (28.82% stake). This legal inheritance strengthens her promoter stake, consolidating control and ensuring continuity in promoter leadership, which is significant for governance stability and shareholder confidence.