IIRM Holdings India Limited reported a consolidated net profit of ₹243.67 crore for the financial year ended March 31, 2026, an increase of 12.6% from ₹216.31 crore in the previous year. The company’s consolidated revenue from operations for FY26 stood at ₹2,521.50 crore, compared to ₹2,194.50 crore in FY25. For the quarter ended March 31, 2026, the company reported a consolidated net profit of ₹67.66 crore and revenue from operations of ₹640.07 crore.

The board approved the audited financial results for the quarter and year ended March 31, 2026, at its meeting held on May 28, 2026. The statutory auditors, Seshachalam & Co., issued an unmodified report on the standalone and consolidated financial results. The meeting proceedings were conducted in accordance with Regulation 29 read with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Financial Highlights

The board appointed M/s. B Venkata Chandu and Associates, Chartered Accountants, as the internal auditor for the financial year 2026-27. Additionally, Ms. Vempala Sri Lakshmi was appointed as the Company Secretary & Compliance Officer, effective on or before July 31, 2026. The company released an investor presentation for Q4 FY26 on May 29, 2026, detailing its performance across India, Sri Lanka, Kenya, and Maldives.

Pursuant to Regulation 46 & 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published the audited financial results in the Financial Express (English) and Praja Darbar (Telugu) newspapers on May 30, 2026. The full results are available on the company’s website.

IIRM Holdings India Limited has received formal approval from BSE Limited for the reclassification of certain shareholders from the 'Promoter and Promoter Group' category to the 'Public' category. The approval, bearing reference number LIST/COMP/HG/057/2026-27 and dated May 07, 2026, was received by the company on May 14, 2026. The reclassification was processed pursuant to Regulation 30 and Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, based on an application submitted by the company on March 10, 2026.

Shareholding Pattern: Pre and Post-Reclassification

Despite the reclassification, the overall shareholding structure of the company remains unchanged, as the outgoing promoters held no shares at the time of the approval. The following table summarises the shareholding pattern before and after the reclassification:

Details of Outgoing Promoters

As per Annexure 1 enclosed with the BSE approval letter, the entities reclassified from the Promoter and Promoter Group to the Public category are as follows:

Both outgoing promoters — Rajeev Agarwal and Indu Bala Agarwal — held zero shares and zero percent shareholding at the time of reclassification. Consequently, the reclassification does not alter the numerical distribution of shares between the promoter group and the public category.

Compliance Advisory Issued by BSE

Alongside the approval, BSE Limited also issued a separate advisory letter (reference no. LIST/COMP/HG/058/2026-27, dated May 07, 2026, Case ID: 261551) to IIRM Holdings India Limited regarding a disclosure delay. As per Regulation 31A(8)(c) of SEBI LODR, the company was required to submit the relevant disclosure to the stock exchanges within 24 hours of submitting its reclassification application — that is, on or before March 11, 2026. However, the disclosure was submitted on April 13, 2026, resulting in a delayed filing. BSE noted that the non-compliance was viewed seriously and advised the company to exercise due diligence and initiate corrective steps to prevent recurrence of such lapses in future compliance obligations.

Post-Approval Obligations

Following the receipt of the approval, IIRM Holdings India Limited is required to:

• Disclose the reclassification event to the stock exchanges as a material event in accordance with SEBI LODR provisions
• Submit the revised shareholding pattern to the stock exchanges in the prescribed format

The company's registered office is located at 5th Floor, Ashoka My Home Chambers, Sindhi Colony, SP Road, Begumpet, Secunderabad, Hyderabad, Telangana — 500003. The company was formerly known as Sudev Industries Limited.