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IRIS RegTech Solutions Limited has announced securing a contract from NEC Corporation India Private Limited for developing a Digital Regulatory Reporting (DRR) solution.

IRIS RegTech Solutions secured a seven-year DRR solution contract from NEC Corporation India for IFSCA.

KEY POINTS
IRIS RegTech Solutions Limited has announced securing a contract from NEC Corporation India Private Limited for developing a Digital Regulatory Reporting (DRR) solution for the International Financial Services Centres Authority (IFSCA). The company made this disclosure on January 29, 2026, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. Contract Overview The awarded contract involves the design, development and maintenance of a comprehensive DRR solution that will serve as a supervisory technology (SupTech) core system. This engagement represents a significant technological undertaking in the regulatory compliance space, specifically tailored for IFSCA's operational requirements. Parameter Details Awarding Entity NEC Corporation India Private Limited Project Type Design, development and maintenance of DRR solution End Client International Financial Services Centres Authority (IFSCA) Contract Duration Approximately seven (7) years Nature Domestic contract Contract Value Confidential Project Specifications The contract encompasses the creation of a Digital Regulatory Reporting solution designed to enhance regulatory oversight capabilities. The project involves developing a supervisory technology core system that will facilitate streamlined regulatory reporting processes for financial institutions operating within the IFSCA framework. Key aspects of the engagement include: Complete system design and architecture development Comprehensive solution development and implementation Ongoing maintenance and support services Integration with IFSCA's regulatory framework Regulatory Compliance and Disclosure IRIS RegTech Solutions confirmed that this project falls within the ordinary course of business for the company. The contract does not involve any related party transactions, and the promoter group has no interest in NEC Corporation India Private Limited. Compliance Aspect Status Related Party Transaction No Promoter Group Interest No Arm's Length Transaction Not applicable Business Nature Ordinary course of business The company has made this disclosure available on its website at www.irisregtech.com , ensuring transparency and compliance with regulatory requirements. This contract award strengthens IRIS RegTech's position in the regulatory technology sector and demonstrates its capability to handle complex, long-term technology projects for regulatory authorities. IRIS Business Services (formerly known as IRIS Business Services Limited) has successfully concluded its postal ballot process with shareholders decisively approving the appointment of Mr. Madhavan Hariharan as an Independent Director. The company announced the results on January 19, 2026, following the completion of the e-voting period that concluded on January 17, 2026. Overwhelming Shareholder Support The special resolution for Mr. Madhavan Hariharan's appointment (DIN: 07217072) received exceptional support from shareholders across all categories. The voting results demonstrate strong confidence in the proposed appointment: Voting Results: Details Total Shares Voted: 80,16,356 Votes in Favor: 80,16,331 (99.99%) Votes Against: 25 (0.01%) Polling Percentage: 38.97% Total Outstanding Shares: 2,05,68,247 Category-wise Voting Breakdown The voting pattern across different shareholder categories revealed unanimous support from promoters and institutional investors: Category: Shares Held Votes Polled Polling % Votes in Favor Approval % Promoter Group: 71,23,520 69,23,520 97.19% 69,23,520 100.00% Public Institutions: 26,50,597 3,26,246 12.31% 3,26,246 100.00% Public Non-Institutions: 1,07,94,130 7,66,590 7.10% 7,66,565 99.99% Postal Ballot Process Details The postal ballot process was conducted in accordance with Section 110 of the Companies Act, 2013, and SEBI regulations. Key process highlights include: Notice Date: December 18, 2025 Cut-off Date: December 12, 2025 E-voting Period: December 19, 2025 (9:00 AM) to January 17, 2026 (5:00 PM) Service Provider: National Securities Depository Limited (NSDL) Scrutinizer: Mr. Rishit Deepak Shah, Practicing Company Secretary Scrutinizer's Certification Mr. Rishit Deepak Shah of Rishit Shah & Co., appointed as the scrutinizer for the postal ballot process, submitted his report confirming the validity of the voting process. The scrutinizer verified that 62 e-voting confirmations were received representing 80,16,356 shares, with no invalid votes recorded. Regulatory Compliance The company has fulfilled all regulatory requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The voting results have been filed with both BSE (Scrip Code: 540735) and NSE (Symbol: IRIS) and uploaded on the company's website at www.irisregtech.com . Additionally, the results have been submitted in XBRL format as per BSE circular requirements. Company Leadership The postal ballot process was overseen by Company Secretary & Compliance Officer Santoshkumar Sharma, who declared the results following the scrutinizer's report. The appointment of Mr. Madhavan Hariharan as Independent Director strengthens the company's board composition and governance framework. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians. As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.
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