Iris Clothings MD, chairman, board of directors and AGM
NSE: IRISDOREMETextiles & ApparelsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹57.04.
- Next results date: the board meets on 27 Oct 2026 to consider: financial results and other business matters.
- 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.
- ₹1,055 Cr1,721st 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 27 Jul 2026
- 60.0
- 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 11 May 2026
- 7.4
- 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 27 Jul 2026
- 15.7%
- 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 27 Jul 2026
- 16.4%
- 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 11 May 2026
- 0.14
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 4,17,92647.6% delivered
Iris Clothings 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
- ChairpersonSANTOSH LADHA
- Company Secretary and Compliance OfficerSWETA AGARWAL
6 directors3 independent2 executive1 non-executive
- SANTOSH LADHA · ChairpersonExecutive · joined Jul 2018 · 1 listed board
- GEETA LADHAExecutive · joined Aug 2011 · 1 listed board
- BALDEV DAS LADHANon-executive · joined Aug 2011 · 1 listed board
- NIKHIL SARAFIndependent · joined Apr 2019 · reappointed Aug 2022 · 87 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
- MANOJ TULSYANIndependent · joined Oct 2020 · reappointed Oct 2025 · 69 months as independent · 1 listed board · 1 as independent · 2 committee seats
- SANJAY JAINIndependent · joined Nov 2025 · reappointed Nov 2025 · 7 months as independent · 2 listed boards · 1 as independent · 3 committee seats
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.
1 director who left
- VRANDA MANISH RATHI, left 8 Aug 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 11 May 20266 of 6 present3 independent · 97 days in between
- 2 Feb 20266 of 6 present3 independent · 27 days in between
- 5 Jan 20265 of 6 present2 independent
Audit Committee
Chair NIKHIL SARAF
MANOJ TULSYAN, SANJAY JAIN
- 11 May 20263 of 3 present3 independent · 97 days in between
- 2 Feb 20263 of 3 present3 independent
Nomination and remuneration committee
Chair NIKHIL SARAF
MANOJ TULSYAN, SANJAY JAIN
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair NIKHIL SARAF
MANOJ TULSYAN, SANJAY JAIN
- 2 Feb 20263 of 3 present3 independent
Corporate Social Responsibility Committee
Chair NIKHIL SARAF
MANOJ TULSYAN, SANJAY JAIN
- 2 Feb 20263 of 3 present3 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.
- AMK & AssociatesPeer-review certificate valid to Apr 2028
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 Clothings 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 Clothings share news and announcements
Annual general meeting, 21 Sep 2026
10,666 shareholders on the register on 14 Sep 2026; present: 6 promoters and 41 others; votes counted by Pooja Bachhawat / Pooja Bachhawat.The company's voting result (opens in a new tab)
- To consider and adopt the audited financial statements of the Company for the financial year ended 31st March, 2026 and the reports of the Board of Directors (“the Board”) and auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 8.95% · promoters 11.31% · institutions 0.00% · other public 5.34%
- To re-appoint Mr. Baldev Das Ladha (DIN: 03585566), who retires by rotation, and being eligible, has offered himself for reappointment.Ordinary77.30% for22.70% against
Against: promoters 0.00% · institutions 0.00% · other public 99.87%
Turnout: all 8.95% · promoters 11.31% · institutions 0.00% · other public 5.34%
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, 3 Aug 2026, 1 resolution
9,886 shareholders on the register on 27 Jul 2026; present: 6 promoters and 60 others; votes counted by POOJA BACHHAWAT / POOJA BACHHAWAT.The company's voting result (opens in a new tab)
- Issue of Equity Shares of the Company on Preferential Basis to the Proposed Allottees.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 53.95% · promoters 88.15% · institutions 0.00% · other public 0.07%
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, 3 Feb 2026, 3 resolutions
11,158 shareholders on the register on 27 Jan 2026; present: 5 promoters and 28 others; votes counted by Pooja Bachhawat / Pooja Bachhawat.The company's voting result (opens in a new tab)
- Approval of appointment of Mr. Sanjay Jain (DIN: 00167765) as the Non-Executive Independent Director of the Company for a period of 5 (five) consecutive years w.e.f 6th November, 2025.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 0.04% · promoters 0.00% · institutions 0.00% · other public 0.09%
- Approval of re-appointment of Mr. Santosh Ladha (DIN: 03585561) as the Managing Director of the Company for a period of 3 (three) consecutive years w.e.f. 30th July, 2026.SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 0.04% · promoters 0.00% · institutions 0.00% · other public 0.09%
- Approval of re-appointment of Mrs. Geeta Ladha (DIN: 03585488) as the Whole-time Director of the Company for a period of 3 (three) consecutive years w.e.f. 30th July, 2026.SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 0.04% · promoters 0.00% · institutions 0.00% · other public 0.09%
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, 16 Sep 2025, 4 resolutions
12,550 shareholders on the register on 9 Sep 2025; present: 6 promoters and 38 others; votes counted by Pooja Bachhawat / Pooja Bachhawat.The company's voting result (opens in a new tab)
- To consider and adopt the audited financial statements of the Company for the financial year ended 31st March, 2025 and the reports of the Board of Directors (“the Board”) and auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 14.72%
Turnout: all 53.92% · promoters 88.15% · institutions 0.00% · other public 0.01%
- To re-appoint Mr. Baldev Das Ladha (DIN: 03585566), who retires by rotation, and being eligible, has offered himself for reappointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 14.78%
Turnout: all 53.92% · promoters 88.15% · institutions 0.00% · other public 0.01%
- Appointment of Mrs. Pooja Bachhawat, Practicing Company Secretary, as Secretarial Auditor of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 14.72%
Turnout: all 53.92% · promoters 88.15% · institutions 0.00% · other public 0.01%
- Re-appointment of Mr. Manoj Tulsyan (DIN: 08919887) as the Non-Executive Independent Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 14.72%
Turnout: all 53.92% · promoters 88.15% · institutions 0.00% · other public 0.01%
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, 25 Jun 2025, 1 resolution
11,946 shareholders on the register on 16 May 2025; votes counted by Sweta Gupta / RSG & Associates.The company's voting result (opens in a new tab)
- Issue of Bonus Equity SharesOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 58.69% · promoters 88.13% · institutions 0.00% · other public 12.76%
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, 28 Sep 2024, 3 resolutions
Present: 5 promoters and 45 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Financial Statements of the Company including Balance Sheet as at 31st March, 2024, the Statement of Profit and Loss and Cash Flow Statement for the year ended on that date and the Reports of the Board of Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.58%
Turnout: all 68.33% · promoters 96.14% · institutions 0.00% · other public 0.45%
- To appoint a director in place of Mrs. Geeta Ladha (DIN: 03585488), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers herself for re-election.OrdinaryPromoters have an interest in it99.42% for0.58% against
Against: promoters 0.00% · institutions 0.00% · other public 0.58%
Turnout: all 0.13% · promoters 0.00% · institutions 0.00% · other public 0.45%
- Re-appointment of M/s. AMK & Associates, Chartered Accountants (Registration No.: 327817E) as the Statutory Auditor of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.58%
Turnout: all 68.33% · promoters 96.14% · institutions 0.00% · other public 0.45%
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, 18 Sep 2023, 2 resolutions
Present: 4 promoters and 39 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Financial Statements of the Company including Balance Sheet as at 31st March, 2023, the Statement of Profit and Loss and Cash Flow Statement for the year ended on that date and the Reports of the Board of Directors and Auditors thereon.MoreLess
Ordinary0.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 0.00% · promoters 0.00% · institutions 0.00% · other public 0.00%
To appoint a director in place of Mr. Baldev Das Ladha (DIN: 03585566), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-election.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.88% · promoters 99.92% · institutions 0.00% · other public 0.00%
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, 27 Jul 2023, 2 resolutions
Present: 6 promoters and 26 others.The company's voting result (opens in a new tab)
- Approval of Sub-division of Equity Shares of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 71.04% · promoters 99.92% · institutions 0.00% · other public 0.54%
- Approval of rIncrease in Authorized Share Capital of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 71.04% · promoters 99.92% · institutions 0.00% · other public 0.54%
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
- No
- 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 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. 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 |
|---|---|---|---|---|---|
| Rights IssuesApr 2025 | 47.58 | To augment the existing and incremental working capital requirement of our Company | 35.14 | 35.14 | No |
| Rights IssuesApr 2025 | 47.58 | General Corporate Purposes | 7.65 | 8.08 | No |