IRIS RegTech Solutions has announced a significant business development through its strategic partner in Brazil. The company disclosed that MZ Consult – Serviços e Negócios Ltda has been awarded a mandate by a leading Oil and Gas company in Brazil for Disclosure Management and ESG Reporting solutions.

Contract Details and Selection Process

The contract was secured following a competitive Request for Proposal (RFP) process in which IRIS Carbon was the platform proposed and selected. This demonstrates the competitive strength of IRIS RegTech's technology solutions in the international market.

Strategic Partnership Model

The transaction represents IRIS RegTech's expansion strategy through strategic partnerships in international markets. MZ Consult serves as the company's strategic partner in Brazil, enabling IRIS RegTech to penetrate the Brazilian market without direct presence.

Regulatory Compliance

The company has made this disclosure in accordance with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. The disclosure confirms that:

• The contract falls under the ordinary course of business
• No promoter or group company interest exists in the awarding entity
• The transaction does not constitute a related party transaction
• The contract involves an international entity

Technology Platform Recognition

The selection of IRIS Carbon platform through a competitive process highlights the technological capabilities of IRIS RegTech's solutions in the ESG and disclosure management space. The platform's acceptance by a leading Oil and Gas company in Brazil validates its international market potential.

This development strengthens IRIS RegTech's position in the growing ESG reporting and disclosure management market, particularly in the Latin American region through its strategic partnership approach.

IRIS RegTech Solutions Limited has successfully completed the incorporation of its wholly owned subsidiary, IRIS Data Solutions Private Limited, marking a significant milestone in the company's expansion strategy. The Ministry of Corporate Affairs, Government of India, issued the Certificate of Incorporation on March 05, 2026.

Subsidiary Incorporation Details

The newly incorporated subsidiary operates under the complete ownership of IRIS RegTech Solutions Limited and has been established in India. The incorporation follows the company's earlier disclosure dated February 14, 2026, when the board approved the formation of the wholly owned subsidiary.

Corporate Compliance and Documentation

The company has fulfilled all regulatory requirements for the subsidiary incorporation process. IRIS RegTech Solutions submitted the intimation to both BSE Limited and National Stock Exchange of India Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Certificate of Incorporation was digitally signed by Peeyush Dubey, Assistant Registrar of Companies, on behalf of the Central Registration Centre. The subsidiary has been assigned the registered address at T-2 Floor 3 International, Infotech Park Vashi, Sanpada, Thane, Maharashtra - 400703.

Additional Corporate Information

The Ministry of Corporate Affairs has also assigned essential tax identification numbers to the new subsidiary:

Strategic Implications

The establishment of IRIS Data Solutions Private Limited as a wholly owned subsidiary demonstrates IRIS RegTech Solutions' commitment to expanding its operational capabilities. The subsidiary structure allows the parent company to diversify its business operations while maintaining complete control over the new entity's strategic direction and operations.

Company Secretary and Compliance Officer Santoshkumar Sharma signed the regulatory disclosure, ensuring proper compliance with stock exchange notification requirements. The incorporation process reflects the company's systematic approach to corporate expansion and adherence to regulatory frameworks.