IIRM Holdings India Limited has officially commenced the voluntary delisting process of its equity shares from the Calcutta Stock Exchange Limited (CSE), following regulatory compliance requirements under SEBI regulations.

Board Approval and Regulatory Compliance

The company's Board of Directors approved the voluntary delisting initiative on February 11, 2026. In accordance with Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, IIRM Holdings published newspaper notifications on February 24, 2026, across multiple publications to ensure comprehensive stakeholder communication.

Rationale for Delisting Decision

The company has provided clear justification for the delisting decision from CSE. There has been no trading activity in IIRM Holdings' equity shares on the Calcutta Stock Exchange for a considerable period. This lack of trading activity means the continued listing on CSE does not offer significant advantages to investors while creating additional compliance requirements and costs for the company.

Continued BSE Listing Ensures Investor Protection

The delisting from CSE will not adversely affect shareholder interests, as the company's equity shares will continue to remain listed and actively traded on BSE Limited. BSE provides a nationwide trading network, ensuring investors maintain access to trading facilities and market liquidity.

Company Information and Communication

IIRM Holdings has made the delisting information available on its official website at https://www.iirmholdings.in/investor/newspaper-advertisement-reports/ . The company secretary and compliance officer, Pooja Gaur (Membership No. F13333), has overseen the regulatory filing process and stakeholder communication.

Regulatory Framework and Process

The voluntary delisting process follows the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2021. The company has initiated proceedings in accordance with Regulation 6 of these regulations, ensuring full compliance with applicable provisions for voluntary delisting from stock exchanges.

The delisting represents a strategic decision to optimize listing costs while maintaining essential market access for investors through the BSE platform, which offers superior trading infrastructure and nationwide reach compared to the regional exchange.

IIRM Holdings India Limited announced robust financial results for the quarter ended December 31, 2025, demonstrating strong operational performance across its business segments. The insurance and risk management services company delivered significant growth in both revenue and profitability metrics during the third quarter of fiscal year 2026.

Regulatory Compliance and Publication

Pursuant to Regulation 46 & 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published its unaudited financial results for the quarter and nine months ended December 31, 2025 in Financial Express (English) and Praja Darbar (Telugu) newspapers on February 13, 2026. The results were approved at the Board Meeting held on February 11, 2026.

Consolidated Financial Performance

The company's consolidated results showed impressive growth across key financial metrics for Q3 FY26:

For the nine months ended December 31, 2025, IIRM Holdings reported consolidated revenue from operations of Rs 18,814.27 lakhs compared to Rs 16,396.30 lakhs in the corresponding period of the previous year, marking a growth of 14.7%. Net profit after tax for the nine-month period stood at Rs 1,730.12 lakhs against Rs 1,965.68 lakhs in the previous year.

Business Segment Analysis

The company operates through two primary business segments with distinct revenue contributions for the nine months ended December 31, 2025:

Geographically, the company's operations are primarily concentrated in India, with domestic operations contributing Rs 18,098.57 lakhs (96%) and international operations contributing Rs 715.70 lakhs (4%) to the total revenue.

Standalone Results

The standalone financial results for Q3 FY26 showed revenue from operations of Rs 115.00 lakhs compared to Rs 98.05 lakhs in Q3 FY25. Net profit after tax on a standalone basis was Rs 17.06 lakhs for the quarter, significantly higher than Rs 0.58 lakhs in the corresponding quarter of the previous year.

Corporate Developments

The Board of Directors approved several significant corporate actions during their meeting held on February 11, 2026. The company proposed voluntary delisting of its equity shares from the Calcutta Stock Exchange, subject to necessary regulatory approvals. The equity shares will continue to be listed on BSE Limited, which provides nationwide trading terminals.

Additionally, the Board noted progress on the proposed acquisition of Safe Risk Insurance Brokers Private Limited by India Insure Risk Management and Insurance Broking Services Private Limited, a wholly-owned subsidiary. The acquisition is structured as a phased approach to acquire 100% equity stake through a combination of cash and equity, subject to regulatory approvals including from IRDAI.

Subsidiary Structure

IIRM Holdings maintains a comprehensive subsidiary structure across multiple jurisdictions:

The financial results were reviewed by the statutory auditors Seshachalam & Co., Chartered Accountants, who expressed an unmodified conclusion on both consolidated and standalone financial statements. The detailed results are available on the company's website at www.iirmholdings.in/investors/ .