About Us

BACKGROUND

IRIS MEDIAWORKS LIMITED (IRIS) is a broadcasting and entertainment Company focused on the lucrative non-resident/ people of Indian origin/ South Asian population (collectively the “diaspora”) living in USA and Canada.

IRIS has been in business of broadcasting and media since 2005. The new management, under Mr. Rajendra Karnik, took over the Business in June, 2008. The Business Strategy was altered to focus on the diaspora markets.

Since April 2009, the Company has launched “Punjabi TV”- the world’s only Punjabi language general entertainment channel (“GEC”) – in USA. The channel currently has over 16,000 subscribers and is part of the Punjabi subscription package along with Zee Punjabi, Jus Punjabi, and MH1, on Dish Network/ EchoStar. IRIS is also in advanced discussions with AT&T, Verzon and NuLIon to launch the channel on their distribution systems. Advanced stage discussions are ongoing with Rogers. The company expects to cross the 50,000 – subscribers mark in USA and Canada, and generate $150,000 per month revenue in the years to come.

The electronics industry is going through an exciting phase due to revolutionary changes in technology, the launch of innovative products and the challenge of global competition. The Company is also in business of trading of electronics products (T.V, LED, and Mobile). The Company is also in providing IT services Business.

GROWTH

The Indian advertising industry has evolved from being a small-scaled business to a full-fledged industry. The advertising industry is projected to be the second fastest growing advertising market in Asia after China. The Indian government has given tremendous support to the advertising and marketing industry.

It is estimated that by 2018, the share of ad spend in India’s Gross Domestic Product (GDP) will be around 0.45 per cent. Company has reported growth of approximately 50% from last year to this year.

The Company is emerging with new emerging with new ideas and services to increase the income of the Company and have successfully achieved the target over the years.

With over years of experience our company has established a strong customer base. Our major customers include DHFL Pramerica Life Insurance Co Ltd, Jyothy Laboratories Limited, Reliance Nippon Life Insurance Co Ltd, Bajaj Alliance Life Insurance.

Details of Directors & Committees

Name of Director Category
Yogendra Bagree Managing Director, Executive Director & Compliance Officer
Mayank Kotadia Non-Executive Director
Neha Gupta Non-Executive Independent Director
Omkar Rajeev Gadre Chief Financial Officer
Atul Kumar Independent Director
Mitesh J Jaani Executive Director

 

Audit Committee

Name of Director Category
Neha Gupta Chairperson
Atul Kumar Member
Yogendra Bagree Member

 

Nomination and Remuneration Committee

Name of Director Category
Neha Gupta Chairperson
Atul Kumar Member
Mayank Kotadia Member

 

Shareholder’s Relationship Committee

Name of Director Category
Neha Gupta Chairperson
Atul Kumar Member
Yogendra Bagree Member

 

Risk Management Committee

Name of Director Category
Neha Gupta Chairperson
Atul Kumar Member
Yogendra Bagree Member