IRIS Business Services concludes 25th AGM, highlights strategic focus after divestment

IRIS Business Services Limited (IRIS) held its 25th annual general meeting (AGM) virtually on September 23, 2025. The meeting, which commenced at 11:00 a.m. and concluded at 11:45 a.m., was presided over by vinod agarwala, non-executive independent director and chairman. A total of 49 shareholders were present, comprising 2 promoters and 47 public shareholders.

Key resolutions passed at the AGM included the adoption of audited financial statements for the fiscal year ended March 31, 2025, and the re-appointment of deepta rangarajan as a director liable to retire by rotation. Additionally, KKC & Associates LLP was re-appointed as the statutory auditor for a five-year term (2025-26 to 2029-30), and Priti J. Sheth & Associates were appointed as the secretarial auditor. Shareholder approval was also granted for the remuneration payable to puthenpurackal kuncheria xavier thomas, whole time director, for his remaining tenure until November 21, 2027.

The chairman noted the strategic transition in the past year, including the divestment of the TaxTech business for ₹151 crore, which allowed IRIS to focus on high-growth areas like SupTech, RegTech, and Datatech. The company's global footprint has expanded, with 72% of revenues now derived from international markets.