IIRM Holdings India Ltd

IIRM Holdings Promoter Creates Encumbrance on 29.35% Stake 🔒

- Promoter Vurakaranam Ramakrishna created an encumbrance on 20,000,000 shares, representing 29.35% of IIRM Holdings' total share capital.

- The encumbrance was executed on March 28, 2026, as part of a Senior, Secured, Unrated, Redeemable Non-Convertible Debenture (NCD) arrangement.

- Axis Trustee Services Limited acted as the Debenture Trustee, with Kotak Credit Opportunities Fund as the Lender.

- This filing, submitted to BSE and CSE on April 27, 2026, updates an initial report from March 30, 2026.

- Following this transaction, the total encumbered shares held by the promoter now stand at 20,000,000 (29.35% of total capital).