IIRM Global Shared Services Private Limited Changes Business to Insurance Distribution

IIRM Global Shared Services Private Limited, a subsidiary company of IIRM Holdings India Ltd, has approved a proposal to change its business activities. The new business will involve carrying on insurance distribution as a Corporate Agent under the Insurance Regulatory and Development Authority of India (IRDAI) and other statutory/regulatory authorities. This change is part of the group's strategic initiative to diversify operations and explore opportunities in the insurance distribution segment. Further updates, including receipt of regulatory approvals, will be intimated to the Stock Exchanges.