Announced Mon, 29 Sept · 19:09 IST

IRIS Business Services Limited has informed the Exchange regarding Resignation of Mr Serveshresht Sawhney as Senior Management Personnel of the company w.e.f. End of Day September 29, 2025.

Management Changes View source PDF

IRIS · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mr. Serveshresht Sawhney, Senior Vice President of Sales and Growth Head, has resigned from IRIS Business Services Limited with effect from close of business on September 29, 2025. He cited personal reasons for his departure, as communicated via his resignation email dated September 25, 2025. The company has disclosed this under SEBI LODR Regulation 30, and the resignation letter is enclosed as Annexure B. No new appointment or replacement has been announced in this filing.

Likely market impact

For retail investors, this is a routine disclosure about a senior management-level exit in the sales function. It is not a CEO, CFO, or board-level change, so the immediate impact on stock price is likely limited. Investors may want to watch for any subsequent announcements regarding a replacement or any unusual volume movements.