IRIS RegTech Solutions Limited disclosed receiving formal confirmation from Xpert Decisions Systems (Pty) Ltd (XDS), its South African partner, regarding the extension of their existing engagement for Phase 4 of the CODI deposit insurance solution. This disclosure is made pursuant to Regulation 30 of SEBI LODR Regulations and references previous disclosures dated March 03, 2023 and December 11, 2025.
Contract Details
- Awarding Entity: Xpert Decisions Systems (Pty) Ltd (XDS), South Africa
- Nature of Contract: Technology development, implementation and support services for CODI Phase 4
- Entity Type: International entity
- Significant Terms: Extension of existing engagement for execution of Phase 4 of CODI deposit insurance solution
- Execution Timeline: As per agreed project timeline in the statement of work (details are confidential)
- Consideration/Size: Commercial terms are confidential and subject to the formal agreement proposed to be executed between the parties
Financial Impact
Financial impact not quantified in the disclosure. Commercial terms remain confidential.