IIRM Holdings discloses post-issue shareholding for preferential allotment
- IIRM Holdings disclosed post-issue shareholding percentages for preferential allotment
- Carpediem Capital Partners Fund II holds 9.90% stake post-issue
- Company issued 15,70,352 equity shares and 88,98,657 warrants
- Disclosure rectifies omission in July 31 and August 13 filings
- Shareholders approved board appointments and asset disposal at AGM
*this image is generated using AI for illustrative purposes only.
IIRM Holdings India Limited disclosed the post-issue shareholding percentages for its preferential allotment of equity shares and fully convertible warrants. The company issued a Regulation 30 update on August 28, 2026, to rectify an inadvertent omission in earlier filings.
The disclosure follows the 33rd Annual General Meeting held on August 27, 2026, where shareholders approved the private placement. The company noted that the post-issue percentage details were missing from the AGM Notice dated July 31, 2026, and the Corrigendum dated August 13, 2026.
Preferential Allotment Details
The company approved the preferential issue of 15,70,352 fully paid-up equity shares and 88,98,657 fully convertible warrants. The post-issue shareholding percentages are calculated on a fully diluted basis, assuming the conversion or exercise of all warrants.
| Name of Proposed Allottee | Category | Equity Shares | Convertible Warrants | Post-Issue % |
|---|---|---|---|---|
| Carpediem Capital Partners Fund II | Non-Promoter | 1,167,295 | 6,614,671 | 9.90 |
| Sanshi Fund - I | Non-Promoter | 209,380 | 1,186,488 | 1.78 |
| Rahil Vivek Desai | Non-Promoter | 52,345 | 296,622 | 0.44 |
| Sandeep Vyas | Non-Promoter | 20,938 | 118,649 | 0.18 |
| Anshul Kaushik | Non-Promoter | 10,469 | 59,324 | 0.09 |
| Om Prakash Jain | Non-Promoter | 10,469 | 59,324 | 0.09 |
| Harinder Singh | Non-Promoter | 10,469 | 59,324 | 0.09 |
| Sur-Mangal Holdings Private Limited | Non-Promoter | 10,469 | 59,324 | 0.09 |
| Pradeep Kumar | Non-Promoter | 10,469 | 59,324 | 0.09 |
| Abhishek Kalra | Non-Promoter | 10,469 | 59,324 | 0.09 |
| Deepak Maheshwari | Non-Promoter | 10,469 | 59,324 | 0.09 |
| Govindan Raghavan | Non-Promoter | 10,469 | 59,324 | 0.09 |
| Gameplan Sports Private Limited | Non-Promoter | 31,407 | 177,973 | 0.27 |
| Ankur Saboo | Non-Promoter | 5,235 | 29,662 | 0.04 |
All proposed allottees fall under the Non-Promoter category. Their pre-issue shareholding was nil.
AGM Resolutions and Governance
Shareholders at the AGM also approved several other key resolutions. These included the sale, disposal, or lease of assets of material subsidiaries, managerial remuneration for the Chairman and Managing Director, and amendments to the Articles of Association.
The meeting saw the appointment of Hithendra Karadathodi Ramachandran and Sathya Pramod Nagaraj as directors. Rama Mohana Rao Bandlamudi was appointed as a director retiring by rotation. The audited financial statements for FY26 were adopted.
Hemang Satra served as the Scrutinizer for the e-voting process, which ran from August 24 to August 26, 2026. Statutory Auditors M/s. Seshachalam & Co., represented by Partner U.S.N.V.R.C. Prabhu, confirmed no adverse comments in the Auditor’s Report.
Historical Stock Returns for IIRM
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | +1.30% | -0.38% | +48.79% | +53.92% | 0.0% |
How will the substantial capital raised through this preferential allotment be deployed to drive IIRM Holdings' growth strategy in the upcoming fiscal years?
What is the expected timeline for the conversion of the 88,98,657 fully convertible warrants, and how might this impact future share price volatility?
Given the appointment of new directors and amendments to the Articles of Association, what strategic shifts or governance changes can investors anticipate?
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
