NSEUpdates4d ago · 25 Aug 2026, 05:02 pm

Updates

Iris Clothings Limited · IRISDOREME

✦ AI SummaryFundraise

Iris Clothings Limited has received in-principle approval from the National Stock Exchange (NSE) for the issue of 77,08,183 equity shares on a preferential basis under Regulation 28(1) of SEBI (LODR) Regulations, 2015. The approval is subject to certain conditions, including the filing of a listing application, receipt of statutory approvals, and compliance with applicable guidelines and regulations.

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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment4/10

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Full Announcement

Iris Clothings Limited has informed the Exchange regarding 'Receipt of In-principle approval for issue of Equity Shares on Preferential basis under Regulation 28(1) of SEBI (LODR) Regulations, 2015'.

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IRISDOREME_25082026170130_Iris_Update_Inprinciple_Approval.pdf

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Santosh Digitally signed by Santosh Ladha Ladha Date: 2026.08.25 16:50:54 +05'30' Ref: NSE/LIST/56277 August 25, 2026 The Company Secretary Iris Clothings Limited Dear Madam, Sub: In - Principle approval under Regulation 28(1) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 We are in receipt of your application regarding In-principle approval for issue of 77,08,183 Equity shares of Rs. 2/- each issued on a Preferential basis in terms of Regulation 28(1) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. In this regard, the Exchange is pleased to grant in-principle approval for the said issue subject to the Company fulfilling the following conditions: 1. Filing the listing application at the earliest from the date of allotment. 2. Receipt of statutory and other approvals and compliance of guidelines/regulations issued by the statutory authorities including SEBI, RBI, MCA, etc. 3. Compliance with all the applicable guidelines, regulations, directions of the Exchange or any statutory authorities as on the date of listing application. 4. Compliance of all conditions as per the SEBI (LODR) Regulations, 2015 as on date of listing, Companies Act, 1956 / Companies Act, 2013 and other applicable laws. 5. Submissions of documents as may be required by NSE and payment of applicable fees. Further, the company is advised to strengthen internal controls (to monitor trades being executed by the proposed allottees in the scrip of the company) before allotment of securities in order to avoid any non-compliances in respect of trades being executed by the allottees in contravention of provisions of Chapter V of SEBI (ICDR) Regulations. In this regard, a) The Company is advised to obtain an undertaking from the allottee(s) confirming that they shall not do intra-day trading in the scrip of the company or any sale in the scrip of the company till the allotment date of the security as required under SEBI (ICDR) Regulations. b) The Company may note that the responsibility/onus is solely on the Issuer company to verify the above (a) and ensure compliance with applicable provisions including Regulation 167(6) of SEBI ICDR regulations, 2018. c) The Company may also note that any non-compliances, if observed by the exchanges post the undertaking and verification by the Issuer company may impact the listing of such shares. Kindly note, this Exchange letter should not be construed as approval under any other Act /Regulation/rule/bye laws (except as referred above) for which the Company may be required to obtain approval from other department(s) of the Exchange. The Company is requested to separately take up matter with the concerned departments for approval, if any. This Document is Digitally Signed Signer: POOJA RISHIKESH PASHTE Date: Tue, Aug 25, 2026 12:32:54 IST Location: NSE Ref: NSE/LIST/56277 August 25, 2026 The Exchange reserves its right to withdraw its in-principle approval at a later stage if the information submitted to the Exchange is found to be incomplete/incorrect/misleading/false or in contravention of any Rules, Bye-laws and Regulations of the Exchange, SEBI (LODR) Regulations, 2015, Guidelines/ Regulations issued by statutory authorities, etc. Yours faithfully, For National Stock Exchange of India Limited Pooja Pashte Manager National Securities Depository Limited Central Depository Services Limited P.S. Checklist of all the further issues is available on website of the exchange at the following URL: https://www.nseindia.com/companies-listing/raising-capital-further-issuesmain-sme- checklist The National Stock Exchange of India (NSE) has announced the launch of NEAPS mobile application. The app can be downloaded from the App Store/ Play store with the name “NEAPS APP” This Document is Digitally Signed Signer: POOJA RISHIKESH PASHTE Date: Tue, Aug 25, 2026 12:32:54 IST Location: NSE