IIRM Holdings India Ltd. Approves Corporate Guarantee for Subsidiary India Insure

In a recent board meeting, IIRM Holdings India Ltd. approved the issuance of a corporate guarantee in favor of its material wholly-owned subsidiary, India Insure Risk Management and Insurance Broking Services Private Limited. The guarantee is for an amount of Rs. 65 crores and interest thereon, serving as security for the issuance of Non-Convertible Debentures (NCDs) by India Insure. This decision is in accordance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the SEBI Master Circular SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The corporate guarantee constitutes a contingent liability for the company.