IIRM Holdings India Limited has appointed CARE Ratings Limited as the Monitoring Agency for its upcoming Preferential Issue.

This agency will be responsible for overseeing the proper utilization of the ₹150 Crs raised through this issue.

This action underscores the company's commitment to transparent fund management, providing investors assurance that the capital raised will be deployed as intended and in line with regulatory expectations.

This is a positive step for accountability regarding shareholder funds.