IIRMH 33rd Annual Report 2026

Date: August 4, 2026 BSE Limited, The Calcutta Stock Exchange Limited P.J. Towers, 1st Floor, 7, Lyons Range, Dalal Street, Fort, Dalhousie, Mumbai - 400 001. Kolkata 700 001. Scrip Code: 526530 Scrip Code: 029404 Sub: Submission of Annual Report for the Financial Year 2025-26 along with the Notice of AGM Dear Sir/ Madam, Pursuant to Regulation 34 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Annual Report of the Company for the financial year 2025-26 along with Notice of 33rd Annual General Meeting, scheduled to be held on Thursday, August 27, 2026 at 4.00 p.m. (IST) through Video Conferencing / Other Audio Visual Means. The Annual Report along with the AGM notice are being emailed to the Shareholders of the Company. We further wish to inform you that the 33rd AGM will be held through Video Conferencing (VC) or Other Audio Visual Means (OAVM) and the e-voting will commence at 9.00 A.M on August 24, 2026 & end at 5.00 P.M on August 26, 2026. The Company has fixed Thursday, August 20, 2026 as the cut-off date to reckon the eligibility to vote on the e-voting platform. The Annual Report is uploaded on the website of the Company at https://www.iirmholdings.in/content_images/annualreports/Annual%20Report%202026.pdf Further, please find enclosed a copy of the letter providing weblink containing Annual Report and AGM Notice which is being sent to all the members who have not registered their email address. Kindly take the above on record. Thanking you, Yours faithfully, For IIRM Holdings India Limited V. Sri Lakshmi Company Secretary & Compliance Officer M. No. F9950 Encl.: As above IIRM HOLDINGS INDIA LIMITED Contents Corporate Overview About the Company Our Journey Business Model & Strategy Letter to Shareholders Board of Directors Management Discussion & Analysis Statutory Reports Board's Report Corporate Governance Report Financial Statements Standalone Financial Statements Consolidated Financial Statements AGM Notice 161 About Company IIRM Holdings India Limited | Annual Report 2025-26 Trusted Partner in Global Insurance Solutions. At IIRM Holdings India Limited, we FY25 Financial Highlights help organisations navigate (Consolidated) | (in million) complexity with clarity, combining global expertise, deep market Revenue From Operations understanding, and forward- thinking risk solutions to protect 2,521.49 what matters most and enable what comes next. Every decision, every partnership, and every solution reflects a belief EBITDA that resilience is not simply about responding to change; it is about 595.69 creating the confidence to grow through it. This Annual Report reflects that Profit After Tax belief. It captures a year of progress, innovation, and enduring 243.67 partnerships, while reaffirming our commitment to building a future where businesses are stronger, more resilient, and better prepared for tomorrow. Page 2 of 189 About Company IIRM Holdings India Limited | Annual Report 2025-26 Strengthening Insurance Access with Our Distribution Network. IIRM Holdings India Limited is a prominent player in the insurance sector, recognised for its innovative distribution strategies and presence across multiple geographies. As a newly listed company, IIRM Holdings is dedicated to advancing the insurance landscape by leveraging a strong network and modern technologies to deliver comprehensive solutions tailored to a spectrum of market requirements. Vision Mission Our Promise To be recognised as the best Achieving market leadership through Winning and sustaining company to work for and to deal collaboration and technology to customer trust with in the insurance industry. redefine consumer experience. Role in the Industry IIRM Holdings Group companies play a key role in insurance distribution, working with a network of Insurers and Reinsurers to offer a wide array of insurance solutions. Our innovative approaches, such as the PHYGITAL model and AI/ML platforms, enhance service delivery and customer engagement. Page 3 of 189 ABOUT COMPANY IIRM Holdings India Limited | Annual Report 2025-26 OUR JOURNEY IIRM Holdings runs a network of 2,000+ 100+ Marking the Evolution group companies in India, Singapore, Sri Lanka, the Maldives, and Kenya, Corporate customers Reinsurer partners of Our Business focusing on distributing a wide range Served Globally worldwide of insurance products for both 1600+ corporate and retail clients. The 100,000+ business model includes: Our growth story is defined by ambition, decisive expansion, and continual (INR MILLION) Commercial Lines, Reinsurance, Retail customers benefiting In premiums serviced adaptation. Each milestone marks a deliberate step towards building an from our services annually Personal Lines and Consultancy integrated insurance group, driven by cross-border innovation and a vision to services shape industry standards for clients and partners. 500+ 500+ This comprehensive approach meets diverse client needs. Furthermore, Dedicated employees Years of combined driving our success industry experience IIRM's unique PHYGITAL strategy, integrating physical and digital channels, enhances customer 1999 2014 experience and boosts operational Inception of India Insure, marking the beginning of our Launched an in-house ERP system. efficiency. A continuous focus on journey. workforce development ensures the 2016 industry is supported by skilled 2002 Acquired Medimanage Insurance Brokers, India. Launch of Indiainsure.com, establishing an online professionals. presence. 2017 Acquired Finlay Insurance Brokers, expanding into Sri 2003 Lanka. Became India’s first licensed insurance broker. 2019 Holding Structure 2006 Acquired an insurance broker in the Maldives. Introduced manpower outsourcing and received skill development accreditation. 2021 IIRM Holdings India Limited Entered the personal lines distribution market. Obtained a Reinsurance broking license. 2023 2009 Commenced operations of IIRM Kenya Insurance Expanded into insurance staffing services. Brokers. 2024 2011 Listed on the Bombay Stock Exchange. Established operations in Singapore. 2025 Announced the Acquisition of Insurance Broking Company Page 4 of 189 BUSINESS MODEL AND STRATEGY IIRM Holdings India Limited | Annual Report 2025-26 Transforming Insurance Blending Physical and Digital for Success through Innovation and Our strategic approach combines physical and digital channels Expertise to enhance customer experience and operational efficiency. 1 Phygital Model The Subsidiaries of IIRM Holdings India Limited have developed The integration of physical and digital delivery enables seamless customer a business model that integrates industry knowledge, innovation, engagement and efficient service. This and a well-defined focus on clients. The company's strategic approach is currently being expanded within India and adopted in emerging markets dedication to a diverse array of insurance products and services allows it to address various client needs across different sectors. 2 AI and ML Integration Through investments in technology and the cultivation of robust Artificial intelligence and machine learning partnerships, IIRM Holdings enhances value and fortifies its platforms are utilised to personalise client standing within the insurance industry. interactions and optimise processes for both GWP Mix in FY25 retail and corporate accounts. 3 Digital Transformation Main Business Verticals The adoption of digital tools and platforms extends accessibility, allowing clients to Our business model is organised around principal verticals, each structured to meet interact and transact with insurance solutions with ease. defined market requirements: 4 Data-Driven Insights Corporate Insurance Retail Insurance Reinsurance Advanced analytics inform decisions and Corporate insurance solutions at IIRM Retail insurance offerings encompass The reinsurance vertical provides deliver tailo [Showing first 8,000 characters — download PDF for full document]