IIRM Holdings India Ltd — Important, 30-03-2026: Company Update

IIRM Holdings India Limited's wholly-owned subsidiary, India Insure Risk Management and Insurance Broking Services Private Limited, has approved the allotment of 6,500 senior, unlisted, unrated, redeemable, secured Non-Convertible Debentures (NCDs) aggregating to 65 Cr. These NCDs, each with a face value of 1 lakh, were allotted to Kotak Credit Opportunities Fund. With a 4-year tenure, the debentures offer a blended Internal Rate of Return (IRR) of 15.50% per annum. This capital infusion, secured by the subsidiary’s assets and guarantees from the holding company and promoter, is crucial for India Insure's operational funding and growth.