Shyama Balachandran has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
IRIS · price
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Awaiting price reaction for this filing.
Shyama Balachandran, a member of the promoter group, has filed an annual declaration with the stock exchanges under Regulation 31(4) of SEBI's Substantial Acquisition of Shares and Takeovers (SAST) Regulations, 2011. She holds 2,00,000 equity shares in IRIS Business Services Limited, representing 0.97% of the company's voting rights. The disclosure confirms that she has not created any encumbrance (such as a pledge or lien) on her shares during the financial year ended March 31, 2025. This is a routine annual compliance filing required from members of the promoter group.
This is a routine negative declaration with no material impact on shareholders or the stock price. It simply confirms that no promoter group shares held by Shyama Balachandran were pledged during the year.