IRIS RegTech Solutions Limited has updated the Exchange about Incorporation of wholly owned subsidiary - IRIS Data Solutions Private Limited.
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IRIS RegTech Solutions Limited has incorporated a new wholly owned subsidiary named IRIS Data Solutions Private Limited. The Ministry of Corporate Affairs issued the Certificate of Incorporation on March 5, 2026, with CIN U62099MH2026PTC474090. The subsidiary is registered in Maharashtra and will operate in the data solutions space. The board had previously approved this move on February 14, 2026. The company has not disclosed the capital or strategic rationale in this filing.
This is a routine corporate restructuring step to set up a focused data solutions entity, with no immediate financial impact on shareholders. The long-term effect will depend on the subsidiary's business plans and capital allocation, which have not been detailed yet.