We hereby announce the re-appointment of our directors Mr. K Balachandran and Ms. Deepta Rangarajan subject to shareholders approval.
IRIS · price
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IRIS RegTech Solutions Ltd held its Board meeting on May 15, 2026, approving multiple matters including audited Q4 and FY2026 financial results. For the year ended March 31, 2026, revenue from continuing operations grew 17% to ₹12,849.85 lakhs from ₹10,967.60 lakhs in FY2025. Profit from continuing operations increased modestly to ₹1,416.29 lakhs from ₹1,365.46 lakhs. However, net profit surged to ₹12,653.76 lakhs due to an exceptional gain of ₹13,598.67 lakhs from divesting the GST ASP business and IRIS Logix Solutions Private Limited to Sovos Compliance Limited, UK. The Board also approved establishing a new Wholly Owned Subsidiary in UAE to expand Middle East operations, while approving closure of Atanou S.R.L. for business rationalization. Whole Time Directors Mr. Balachandran Krishnan and Ms. Deepta Rangarajan were re-appointed for 5 years from May 2027, subject to shareholder approval. The company received an unmodified (clean) audit opinion.
The company delivered solid revenue growth while a one-time exceptional gain from business divestment significantly boosted bottom-line figures. The strategic restructuring through UAE expansion and subsidiary rationalization positions the company for focused growth in SupTech, RegTech, and DataTech segments.