Subsidiary15 May 2026, 09:51 pm
IRIS RegTech to Incorporate UAE Subsidiary
AI Summary
IRIS RegTech Solutions Ltd's board approved the incorporation of a wholly-owned subsidiary in the United Arab Emirates to expand its footprint in the Middle East and strengthen global operations. The board also approved the audited financial results for the quarter and year ended March 31, 2026, re-appointed internal auditors and Whole Time Directors, approved the Annual Secretarial Compliance Report, approved the closure of a foreign subsidiary (Atanou S.R.L.), approved shifting of books of account and registered office.
Key Highlights
- IRIS RegTech will establish a wholly-owned subsidiary in the UAE.
- Audited financial results for FY26 were approved by the board.
- M/s. M. P. Chitale & Co. re-appointed as Internal Auditors for FY27.
- Closure of foreign subsidiary, Atanou S.R.L., approved for streamlining.
- Re-appointment of Mr. Balachandran Krishnan and Ms. Deepta Rangarajan as Whole Time Directors.