IRIS RegTech Solutions CEO, MD, chairman, board of directors and AGM
NSE: IRISBSE: 540735IT - SoftwareSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹203.64.
- Next results date: the board meets on 5 Nov 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹408 Cr1,826th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 7 Aug 2026
- 3.3
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹113 crore of one-off items, the largest of them in the quarter to Sep 2025.
- 31.8
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 15 May 2026
- 2.0
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 7 Aug 2026
- 90.7%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹113 crore of one-off items, the largest of them in the quarter to Sep 2025.
- 9.3%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 7 Aug 2026
- 2.9%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 15 May 2026
- 0.01
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 32,11852.2% delivered
IRIS RegTech Solutions board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chief executiveBalachandran Krishnan
- ChairpersonBhaswar Mukherjee
- Company Secretary and Compliance OfficerSantoshkumar Sharma
6 directors3 independent3 executive
- Balachandran Krishnan · Chief executiveExecutive · joined Oct 2000 · reappointed May 2024 · 1 listed board · 3 committee seats
- Deepta RangarajanExecutive · joined Oct 2000 · reappointed May 2024 · 1 listed board · 1 committee seat
- Puthenpurackal Kuncheria Xavier ThomasExecutive · joined Nov 2022 · reappointed Nov 2022 · 1 listed board
- Bhaswar Mukherjee · ChairpersonIndependent · joined Oct 2017 · reappointed Oct 2022 · 104 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- Ashok VenkatramaniIndependent · joined Oct 2017 · reappointed Oct 2022 · 104 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Madhavan HariharanIndependent · joined Nov 2025 · reappointed Nov 2025 · 7 months as independent · 3 listed boards · 3 as independent · 4 committee seats, 3 as chair
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
3 directors who left
- Vinod Balmukand Agarwala, left 26 Nov 2025: Tenure Completion
- Haseeb Ahmad Drabu, left 12 Nov 2025: Tenure Completion
- Swaminathan Subramaniam, left 26 Mar 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 15 May 20266 of 6 present3 independent · 49 days in between
- 26 Mar 20266 of 6 present3 independent · 39 days in between
- 14 Feb 20266 of 6 present3 independent
Audit Committee
Chair Madhavan Hariharan
Bhaswar Mukherjee, Ashok Venkatramani, Balachandran Krishnan
- 15 May 20263 of 3 present3 independent · 49 days in between
- 26 Mar 20263 of 3 present3 independent · 39 days in between
- 14 Feb 20263 of 3 present3 independent
Nomination and remuneration committee
Chair Ashok Venkatramani
Bhaswar Mukherjee, Madhavan Hariharan
- 15 May 20263 of 3 present3 independent · 89 days in between
- 14 Feb 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair Bhaswar Mukherjee
Deepta Rangarajan, Balachandran Krishnan
- 15 May 20263 of 3 present1 independent
Risk Management Committee
Chair Ashok Venkatramani
Deepta Rangarajan, Bhaswar Mukherjee, Puthenpurackal Kuncheria Xavier Thomas
- 15 May 20264 of 4 present2 independent
Corporate Social Responsibility Committee
Chair Ashok Venkatramani
Deepta Rangarajan, Balachandran Krishnan
- 15 May 20263 of 3 present1 independent
BRSR Committee
Chair Bhaswar Mukherjee
- 15 May 20261 of 1 present1 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- KKC & ASSOCIATES LLPPeer-review certificate valid to Jul 2027
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
IRIS RegTech Solutions AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.IRIS RegTech Solutions share news and announcements
Annual general meeting, 14 Aug 2026
10,552 shareholders on the register on 8 Aug 2026; present: 2 promoters and 61 others; votes counted by Ms. Priti Sheth / Priti J. Sheth & Associates, Company Secretaries.The company's voting result (opens in a new tab)
- 1 - ADOPTION OF AUDITED FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED MARCH 31, 2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 39.02% · promoters 100.00% · institutions 1.71% · other public 7.78%
- 2 - APPOINTMENT OF MR. BALACHANDRAN KRISHNAN (DIN: 00080055) AS A DIRECTOR LIABLE TO RETIRE BY ROTATION, WHO BEING ELIGIBLE HAS OFFERED HIMSELF FOR RE-APPOINTMENTOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 39.02% · promoters 100.00% · institutions 1.71% · other public 7.78%
- 3 - RE-APPOINTMENT OF MR. BALACHANDRAN KRISHNAN (DIN: 00080055) AS A WHOLE TIME DIRECTOR OF THE COMPANYSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 39.02% · promoters 100.00% · institutions 1.71% · other public 7.78%
- 4 - RE-APPOINTMENT OF MS. DEEPTA RANGARAJAN (DIN: 00404072) WHOLE TIME DIRECTOR OF THE COMPANYSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 39.02% · promoters 100.00% · institutions 1.71% · other public 7.78%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 17 Jan 2026, 1 resolution
10,777 shareholders on the register on 12 Dec 2025; votes counted by Rishit Deepak Shah / Rishit Shah & Co.The company's voting result (opens in a new tab)
- To approve the appointment of Mr Madhavan Hariharan DIN 07217072 as an Independent Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 38.97% · promoters 97.19% · institutions 12.31% · other public 7.10%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 23 Nov 2025, 1 resolution
11,158 shareholders on the register on 17 Oct 2025; votes counted by Rishit Deepak Shah / Rishit Shah & Co.The company's voting result (opens in a new tab)
Approval for change of name of the Company from IRIS Business Services Limited to IRIS RegTech Solutions Limited and consequent amendment of Memorandum of Association and Articles of Association of the Company.MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 44.00% · promoters 100.00% · institutions 41.29% · other public 7.73%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 23 Sep 2025, 5 resolutions
11,033 shareholders on the register on 17 Sep 2025; present: 2 promoters and 47 others; votes counted by Priti J Sheth / Priti J Sheth & Associates.The company's voting result (opens in a new tab)
- Adoption of Audited Financial Statements for the Financial Year ended March 31, 2025.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 54.01% · promoters 100.00% · institutions 86.16% · other public 15.78%
- Appointment of Ms. Deepta Rangarajan (DIN: 00404072) as a Director liable to retire by rotation, who being eligible has offered herself for re-appointmentOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 19.35% · promoters 0.00% · institutions 86.16% · other public 15.78%
Re-Appointment of KKC & associates LLP (formerly Khimji Kunverji & Co LLP) as the Statutory Auditor of the Company for a term of 5 (five) years starting from financial year 2025-26 till financial year 2029-30.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 54.01% · promoters 100.00% · institutions 86.16% · other public 15.78%
Re-Appointment of KKC & associates LLP (formerly Khimji Kunverji & Co LLP) as the Statutory Auditor of the Company for a term of 5 (five) years starting from financial year 2025-26 till financial year 2029-30.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 54.01% · promoters 100.00% · institutions 86.16% · other public 15.78%
- Approval of remuneration payable to Mr. Puthenpurackal Kuncheria Xavier Thomas (P K X Thomas), Whole Time Director, for the remaining period of his tenure from November 22, 2025 to November 21, 2027..SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 53.86% · promoters 100.00% · institutions 86.16% · other public 15.51%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Extraordinary general meeting, 26 Jul 2025, 1 resolution
11,415 shareholders on the register on 19 Jul 2025; present: 2 promoters and 54 others; votes counted by Rishit Deepak Shah / Rishit Shah & Co.,Practicing Company Secretaries.The company's voting result (opens in a new tab)
- Approval to undertake related party transaction in connection with transfer of the Company’s GST ASP Services Business to IRIS Logix Solutions Private Limited.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 23.55% · promoters 0.00% · institutions 96.14% · other public 23.18%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 14 Aug 2024, 2 resolutions
Present: 3 promoters and 52 others.The company's voting result (opens in a new tab)
- To consider and adopt the Audited Financial Statements.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 40.95% · promoters 97.22% · institutions 0.00% · other public 7.78%
- To consider the re-appointment of Mr. Puthenpurackal Kuncheria Xavier Thomas (DIN – 09760233) as a Director, liable to retire by rotation.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 40.89% · promoters 97.22% · institutions 0.00% · other public 7.68%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Extraordinary general meeting, 21 Jun 2024, 2 resolutions
Present: 4 promoters and 37 others.The company's voting result (opens in a new tab)
- Issuance of Equity Shares by way of Preferential Allotment on Private Placement BasisSpecial99.86% for0.14% against
Against: promoters 0.00% · institutions 0.00% · other public 0.78%
Turnout: all 45.18% · promoters 100.00% · institutions 0.00% · other public 12.86%
- Issuance of Warrants Convertible into Equity Shares by way of Preferential Allotment on Private Placement BasisSpecial99.86% for0.14% against
Against: promoters 0.00% · institutions 0.00% · other public 0.77%
Turnout: all 45.18% · promoters 100.00% · institutions 0.00% · other public 12.86%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Extraordinary general meeting, 16 Feb 2024, 3 resolutions
Present: 2 promoters and 36 others.The company's voting result (opens in a new tab)
- To approve implementation of the ‘IRIS Business Services Limited Employee Stock Option Scheme 2023’Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 44.14% · promoters 100.00% · institutions 0.00% · other public 11.08%
- To approve the extension of benefits of the IRIS Business Services Limited Employee Stock Option Scheme 2023 to the employees of Subsidiary Company(ies) of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 44.14% · promoters 100.00% · institutions 0.00% · other public 11.08%
- Increase in Authorised Share Capital of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 44.14% · promoters 100.00% · institutions 0.00% · other public 11.08%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Jun 2026. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Preferential IssuesJun 2024 | 20.00 | Sales and Marketing | 15.00 | 12.84 | No |
| Preferential IssuesJun 2024 | 20.00 | Product development related cost | 3.00 | 3.00 | No |
| Preferential IssuesJun 2024 | 20.00 | General corporate purpose | 2.00 | 0.58 | No |