In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, IRIS Business Services has informed that the Nomination and Remuneration Committee of the Board of Directors of the Company at its meeting held on Monday, January 23, 2023, has approved the allotment of 54,000 Equity Shares of face value of Rs 10 each of the Company to the eligible employee(s) of the Company who have exercised their options under the company's Employee Stock Option Scheme 2017. The Equity Shares allotted shall rank in all respect with existing Equity Shares of the Company. Subsequent to the allotment on January 23, 2023, Equity Shares capital of the Company stands altered as enclosed. The details as required to be furnished under the SEBI (Share Based Employee Benefits & Sweat Equity) Regulations, 2021 (‘SEBI SBEB Regulations’) are enclosed in ‘Annexure – I’.
The above information is a part of company’s filings submitted to BSE.
