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Trading & Distributors
AGM/EGM28 Aug 2026, 12:15 pm

IIRM Holdings Approves Preferential Issue of Shares and Warrants

AI Summary

IIRM Holdings India Ltd announced at its 33rd Annual General Meeting held on August 27, 2026, the approval of a preferential issue. This includes 15,70,352 fully paid-up equity shares and 88,98,657 fully convertible warrants. The company clarified an inadvertent omission in the AGM notice regarding the post-issue shareholding percentages of the allottees. The disclosure now includes specific percentages for entities like Carpediem Capital Partners Fund II (9.90%) and Sanshi Fund - I (1.78%), among others. These percentages are calculated on a fully diluted basis, assuming the conversion of all warrants. The pre-issue shareholding of these allottees was nil.

Key Highlights

  • AGM approved preferential issue of equity shares and warrants.
  • Post-issue shareholding percentages for allottees disclosed.
  • Total of 15,70,352 equity shares and 88,98,657 warrants issued.
  • Carpediem Capital Partners Fund II to hold 9.90% post-issue.
  • Disclosure rectifies inadvertent omission in prior notices.