IIRM Holdings India Ltd — Important, 31-07-2026: Company Update

The company's Board approved significant fund-raising initiatives and key board appointments. It authorized investment agreements with Carpediem Capital Partners Fund II and other investors for a preferential issue. This plan includes issuing up to 15,70,352 equity shares for INR 22.50 Cr and up to 88,98,657 fully convertible warrants for INR 127.50 Cr, both pending shareholder approval. The warrants are convertible into equity shares within 18 months. The investment also secures a board seat for Carpediem. Additionally, the Board appointed Mr. Hithendra Karadathodi Ramachandran and Mr. Sathya Pramod Nagaraj as Additional Directors and approved convening the 33rd Annual General Meeting.