Ironwood Education Ltd — Important, 13-02-2026: Company Update

Ironwood Education confirmed no deviation in the use of funds from its preferential issue. The Board authorized a preferential allotment of up to 11.18 lakh equity shares for 4.02 Cr. Currently, 5.77 lakh shares have been allotted, raising 2.08 Cr. The Audit Committee reviewed the fund utilization for the quarter, confirming that the deployed capital aligns with its stated objectives. These objectives include future growth opportunities, business expansion, providing loans, investing in subsidiaries, repaying borrowings, working capital, and general corporate purposes. This provides clarity to shareholders on fund deployment.