<h1>Iris Clothings Enters Share Purchase Agreement for Acquisition of Infinia Lifestyle</h1>
Iris Clothings Limited has formalized the acquisition of a significant stake in Infinia Lifestyle Private Limited, entering into a Share Purchase Agreement (SPA) following previous board approval.
The transaction involves Mr. Harsh Vardhan Sarda and Mrs. Pooja Sarda, who are the Sellers of the shares in Infinia Lifestyle. The Company had previously approved the acquisition of 51% equity shares in Infinia Lifestyle during a Board meeting held on Wednesday, July 8, 2026.
The formal Share Purchase Agreement was executed by Iris Clothings Limited and the Sellers on Friday, July 10, 2026. The closing of the transaction is conditional upon the satisfactory fulfillment of customary conditions precedent as stipulated in the SPA.
IRISDOREME Stock Price Movement
Iris Clothings Limited shares today slipped by 2.85%, settling at ₹44.33 in post-market trading. The stock traded lower through the session, hitting a low of ₹43.50 with a volume of 221,277 shares recorded.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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