Ironwood Board Approves \u20b92 Cr Unsecured Loan to Wholly-Owned Subsidiary

Ironwood Education Limited's Board of Directors approved an unsecured loan of up to \u20b92 crores to its wholly-owned subsidiary, EMDI (Overseas) FZ LLC, on May 28, 2026. The loan, bearing an interest rate of 7.5% and a tenure of 2 years (extendable), is intended for working capital and general corporate purposes. This transaction is considered a related party transaction but was executed at arm's length. The total outstanding loan to the subsidiary is \u20b97.26 crores.