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

The company's board has approved significant fund-raising by issuing equity shares worth up to 22.50 Cr and fully convertible warrants worth up to 127.50 Cr. These preferential issues are to Carpediem Capital Partners Fund II and other investors, boosting the company's capital. The board also appointed Mr. Hithendra Karadathodi Ramachandran and Mr. Sathya Pramod Nagaraj as Additional Directors; Mr. Ramachandran's appointment aligns with the investor gaining a board seat as part of the investment agreement. An Annual General Meeting has been scheduled for August 27, 2026.