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The latest announcement is out from IRIS Business Services Ltd. ( (IN:IRIS) ).
IRIS RegTech Solutions has announced that its Brazilian strategic partner, MZ Consult, has secured a mandate from a leading oil and gas company in Brazil for disclosure management and ESG reporting solutions. The win follows a competitive RFP process in which IRIS Carbon was proposed and selected as the underlying platform, underscoring the product’s suitability for complex regulatory and sustainability reporting.
The multi-year international licensing contract, which will run through FY27, is considered part of IRIS RegTech’s ordinary business, although the contract value remains confidential. While financial details were not disclosed, the mandate strengthens IRIS RegTech’s presence in Latin America and supports its positioning as a global RegTech provider serving large enterprise clients in heavily regulated sectors.
More about IRIS Business Services Ltd.
IRIS RegTech Solutions Limited, formerly IRIS Business Services Limited, operates in the regulatory technology space, offering disclosure management and ESG reporting software solutions. The company focuses on providing its IRIS Carbon platform to corporates globally, often through strategic partners in key markets such as Brazil.
Average Trading Volume: 1,608
Technical Sentiment Signal: Sell
Current Market Cap: 4.66B INR
For detailed information about IRIS stock, go to TipRanks’ Stock Analysis page.