Summary of Proceedings
Nature of Disclosure: Summary of proceedings of the 26th Annual General Meeting (AGM) held on August 14, 2026, pursuant to SEBI Listing Regulations Regulation 30(6) read with Para A of Part A of Schedule III.
Meeting Details:
- Date: Friday, August 14, 2026
- Time: 11:00 a.m. to 11:45 a.m. IST
- Mode: Video Conferencing / Other Audio-Visual Means (VC/OAVM)
- Chairman: Mr. Bhaswar Mukherjee, Non-Executive Independent Director, Chairman of the Board and Chairman of the Stakeholders Relationship Committee
- VC/OAVM facility hosted by: National Securities Depository Limited (NSDL)
Attendance:
- Directors Present: All directors attended through VC/OAVM: Mr. Bhaswar Mukherjee, Mr. Ashok Venkatramani, Mr. Madhavan Hariharan, Mr. Balachandran Krishnan, Ms. Deepta Rangarajan, and Mr. Puthenpurackal Kuncheria Xavier Thomas
- Shareholder Attendance: 63 shareholders total (2 from Promoter & Promoter Group, 61 Public)
- Other Attendees: Mr. Santoshkumar Sharma (Company Secretary & Compliance Officer), Mr. Vineet Kandoi (CFO), senior management team, representatives of statutory auditors KKC & Associates LLP, representatives of secretarial auditors Priti J. Sheth & Associates, and Ms. Priti Sheth (Scrutinizer)
Voting Arrangements:
- Cut-off date for voting entitlement: Saturday, August 8, 2026
- Remote e-voting period: August 11, 2026 (9:00 a.m. IST) to August 13, 2026 (5:00 p.m. IST) through NSDL
- E-voting during AGM: Available for members who hadn't voted remotely
- Scrutinizer: Ms. Priti Sheth of Priti J. Sheth & Associates appointed to scrutinize voting
Business Transacted:
The following resolutions were considered as per the AGM Notice dated May 15, 2026:
1. Ordinary Resolution: Adoption of Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026 together with Reports of Board of Directors and Auditors
2. Ordinary Resolution: Re-appointment of Mr. Balachandran Krishnan (DIN: 00080055) who retires by rotation
3. Special Resolution: Re-appointment of Mr. Balachandran Krishnan as Whole Time Director for five years and approval of revision in remuneration
4. Special Resolution: Re-appointment of Ms. Deepta Rangarajan (DIN: 00404072) as Whole Time Director for five years and approval of revision in remuneration
Key Addresses and Discussions:
- Chairman acknowledged contributions of outgoing Independent Directors Mr. Vinod Agarwala and Dr. Haseeb Ahmad Drabu
- Chairman highlighted company's strategic focus on RegTech, SupTech and DataTech businesses
- Referenced company name change from IRIS Business Services Limited to IRIS RegTech Solutions Limited
- Mentioned shifting of registered office to Plutonium Business Park, Navi Mumbai
- Disclosed strategic divestment of TaxTech business
- Noted continuing efforts to strengthen disclosure management solutions and AI-enabled applications
- Mr. Balachandran Krishnan, Whole Time Director & CEO, addressed members on company performance and future outlook
- Shareholder queries were addressed by Mr. Balachandran Krishnan and Ms. Deepta Rangarajan
Audit Reports:
Statutory Auditors and Secretarial Auditors issued unmodified audit reports for FY ended March 31, 2026, which were taken as read.
Outcome:
Meeting concluded at 11:45 a.m. IST. Consolidated voting results and Scrutinizer's Report to be submitted to BSE and NSE and uploaded on company website (www.irisregtech.com) and NSDL website within prescribed timelines.