IRIS Business Services issues shares under employee stock option scheme

IRIS Business Services Limited, through its nomination and remuneration committee, approved the allotment of 20,130 equity shares on September 1, 2025. These shares, each with a face value of INR 10, were issued to eligible employees who exercised options under the IRIS Employee Stock Option Scheme, 2023. These newly allotted shares will rank pari-passu with existing equity shares.

Following this allotment, the company's total number of equity shares increased from 20,538,117 to 20,558,247. Consequently, the equity share capital post-allotment now stands at INR 205,582,470. The exercise prices for these shares varied, with 16,500 shares at INR 134.85, 3,300 shares at INR 127.45, and 330 shares at INR 181.85.

The shares are listed on both the BSE Limited and the National Stock Exchange of India Limited. There are no lock-in periods or listing fees payable for these shares, which are identical in all respects to the company's existing equity shares.