NDU30 March 2026 at 09:20 am
Promoter of IIRM Holdings India Ltd, Vurakaranam Ramakrishna, Executes Non-Disposal Undertaking on Shares
AI Summary
Vurakaranam Ramakrishna, a promoter of IIRM Holdings India Ltd, has executed a Non-Disposal Undertaking (NDU) in respect of the equity shares held by him in the company. This NDU is in connection with the Non-Convertible Debentures (NCD) issued by India Insure Risk Management and Insurance Broking Services Private Limited, a material wholly owned subsidiary. The NDU is valid until March 28, 2026, and covers 2,00,00,000 equity shares.
Key Highlights
- Vurakaranam Ramakrishna, a promoter of IIRM Holdings India Ltd, has executed a Non-Disposal Undertaking (NDU) on his shares.
- The NDU is in connection with the Non-Convertible Debentures (NCD) issued by a material wholly owned subsidiary.
- The NDU covers 2,00,00,000 equity shares and is valid until March 28, 2026.
- The NDU is in favor of Axis Trustee Services Limited.
- The NDU was executed on March 28, 2026.
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