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Board Meeting Outcome

IRIS Clothings Board Meeting Outcome

Iris Clothings approved the acquisition of 51% of Infinia Lifestyle for ₹57.12 Crore. The deal will be funded by ₹25 Crore cash and a ₹32.12 Crore preferential share issue.

Key figures
Value₹57.12 Cr
Execution period15 days
Source

NSE filing, NSE: IRISDOREME. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

IRIS Clothings Ltd: key numbers

Share price
₹54.22
Market cap
₹1,032 Cr
Revenue (annual)
₹190.9 Cr
Net profit (annual)
₹16.19 Cr
P/E (TTM)
55.7×Sector 50.0×
Promoter holding
58.79%-2.38% QoQ
FII holding
0.14%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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