IIRM Holdings Appoints CARE Ratings as Monitoring Agency for ₹150 Cr Preferential Issue

IIRM Holdings India Ltd has appointed CARE Ratings Limited as the Monitoring Agency to oversee the utilization of proceeds from its upcoming preferential issue. The issue size is ₹150 Crores. This appointment is in compliance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors had authorized this appointment on July 31, 2026, and the formal appointment was made on August 24, 2026. CARE Ratings, a SEBI-registered Credit Rating Agency, will ensure the proceeds are used as per regulatory guidelines. The company will make necessary disclosures on its website and comply with all applicable regulations.