IRIS Business Services Limited has informed the Exchange about cessation of Senior Management Personnel.
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IRIS Business Services has informed exchanges that Mr. Gautam Mahanti, Senior Management Personnel and Head of GST, ceased to be associated with the company effective August 1, 2025. His departure is linked to the company's divestment of its GST ASP Services Business to IRIS Logix Solutions Private Limited under a Business Transfer Agreement signed on July 2, 2025. Since he was leading the GST ASP business, he has been transferred to IRIS Logix along with that business. The company has confirmed there is no other material reason for his exit.
This is a routine organizational change tied to the previously announced sale of the GST ASP business unit and is not expected to impact the core operations of IRIS Business Services. Shareholders should view this as a procedural follow-up to the divestment rather than a negative management event.