IIRM Holdings India Ltd board approves NSE dual listing proposal

1 min read     Updated on 18 Jun 2026, 02:02 PM
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Reviewed by
Ashish TScanX News Team
AI Summary

IIRM Holdings India Ltd’s board approved a proposal on June 18, 2026, to dual list its equity shares on the NSE Main Board. This initiative aims to enhance liquidity and access for investors without a public offer or new capital issuance. The listing is subject to regulatory approvals from NSE and other authorities.

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IIRM Holdings India Ltd’s board has approved a proposal to dual list its existing equity shares on the Main Board of the National Stock Exchange of India Limited (NSE). The decision, aimed at providing enhanced access and liquidity to investors, was taken via a circular resolution on June 18, 2026. The proposed dual listing will facilitate trading of shares currently listed on BSE Limited and The Calcutta Stock Exchange Limited (inactive).

The listing process will not involve any public offer or further issuance of new capital or shares. The company intends to leverage the dual listing mechanism to broaden its market reach. The implementation of this proposal remains contingent upon receiving all necessary regulatory approvals and permissions from NSE and other applicable authorities.

Listing Details

The following table outlines the key details of the proposed dual listing:

Parameter Details
Exchange National Stock Exchange of India Limited (NSE)
Board Segment Main Board
Listing Type Dual Listing
Current Exchanges BSE Limited, The Calcutta Stock Exchange Limited (inactive)
Capital Issuance None (No public offer or new shares)

Regulatory Status

The company will initiate the application process with NSE in due course. Management has confirmed that further updates will be provided as material developments occur regarding the receipt of regulatory approvals. The intimation was submitted to BSE Limited and The Calcutta Stock Exchange Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for IIRM

1 Day5 Days1 Month6 Months1 Year5 Years
+1.00%+10.46%+7.07%+49.05%+61.51%+502.98%

What is the expected timeline for receiving regulatory approvals from NSE and other authorities?

How will the dual listing impact the liquidity and trading volume of IIRM Holdings' shares?

Could this move lead to a re-rating of the stock given the increased visibility on NSE?

IIRM Holdings FY26 net profit rises 12.6% to ₹243.67 crore

1 min read     Updated on 30 May 2026, 02:09 PM
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Reviewed by
Naman SScanX News Team
AI Summary

IIRM Holdings India Limited reported a 12.6% rise in consolidated net profit to ₹243.67 crore for FY26, with revenue from operations increasing to ₹2,521.50 crore. The board approved the audited results on May 28, 2026, and the statutory auditors issued an unmodified report. The company published the results in newspapers on May 30, 2026, in compliance with SEBI regulations.

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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

Metric FY26 (₹ in crore) FY25 (₹ in crore)
Consolidated Revenue from Operations 2,521.50 2,194.50
Consolidated Net Profit 243.67 216.31
Consolidated EBITDA 595.69 470.59
Standalone Revenue from Operations 26.73 25.68
Standalone Net Profit 2.58 2.53

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.

Historical Stock Returns for IIRM

1 Day5 Days1 Month6 Months1 Year5 Years
+1.00%+10.46%+7.07%+49.05%+61.51%+502.98%

What strategic initiatives will IIRM Holdings prioritize to sustain the 12.6% profit growth into FY27?

How does the company plan to leverage its presence in Sri Lanka, Kenya, and the Maldives for future expansion?

What factors contributed to the significant rise in Consolidated EBITDA, and are these gains sustainable?

More News on IIRM

1 Year Returns:+61.51%