Iris Clothings Limited — Important, 08-08-2025: Updates

Iris Clothings' recent board meeting reviewed Q1 financials, showing revenue from operations at Rs. 37.40 Cr and net profit at Rs. 2.63 Cr. Diluted EPS stood at Rs. 0.14. A significant financial development included the completion of a Rs. 47.58 Cr rights issue and a 1:1 bonus share allotment. The board also noted an independent director's resignation and considered re-appointing another, subject to shareholder approval at the upcoming AGM, alongside annual audit appointments.