Iris Clothings Limited has informed the Exchange that the Board of Directors at its meeting held on May 15, 2025, have considered and approved bonus at the ratio of 1 : 1, i.e 1 Equity Shares for every 1 Equity Shares held.
IRISDOREME · price
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Iris Clothings Limited's board has approved a 1:1 bonus issue, meaning one bonus equity share for every one share held, subject to shareholder approval via postal ballot. The company will issue approximately 95.16 lakh bonus shares of Rs. 2 each, funded from free reserves of Rs. 65.97 crore available as on March 31, 2025. Post-bonus share capital will double to Rs. 38.06 crore. The board also approved audited FY25 results showing revenue from operations of Rs. 146.27 crore, up from Rs. 121.92 crore in FY24 (about 20% growth). Profit after tax rose to Rs. 13.12 crore from Rs. 12.21 crore, with EPS of Rs. 1.61 versus Rs. 1.50. The statutory auditor issued an unmodified opinion on the results.
The 1:1 bonus issue doubles the shareholder's share count while proportionally adjusting the price, so total holdings remain the same in value but liquidity may improve. Strong topline growth and an unmodified audit opinion signal financial health, which is typically viewed positively by retail investors.