ALPHA TRIBE

Iris Clothings LimitedBoard Meeting, 08-08-2025: Outcome of Board Meeting

08-08-2025 | 05:59 pm

Iris Clothings' Board met and approved its unaudited financial results for Q1 FY25, reporting ₹37.40 Cr revenue and ₹2.63 Cr net profit for the quarter ending June 30, 2025. The Board noted Mrs. Vranda Manish Rathi's resignation and proposed re-appointing Mr. Manoj Tulsyan as an Independent Director, pending shareholder approval. They also re-appointed the Internal Auditor and appointed a new Secretarial Auditor. The 14th Annual General Meeting is scheduled for September 16, 2025. This follows a recent ₹47.58 Cr rights issue and a 1:1 bonus share issue, significantly impacting the company's capital structure.

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