Iris Clothings Limited — Board Meeting, 07-07-2025: Outcome of Board Meeting

Iris Clothings has announced a board meeting on which it approved a 1:1 bonus share issue, doubling the paid-up equity capital to Rs. 38.07 Cr via the allotment of 9.52 crore fully paid equity shares of Rs. 2 each. This move rewards existing shareholders by increasing their shareholding at no extra cost, indicating management’s confidence in future growth. No dividend or fundraising plans were disclosed. The board meeting started at 11:30 a.m. and concluded by 12:10 p.m.