Ironwood Education: No Deviation in Preferential Issue Fund Use

Ironwood Education Ltd has filed a Statement of Deviation or Variation for the quarter ended September 30, 2026, concerning its preferential issue of equity shares conducted on January 22, 2026, which raised ₹7,70,25,150. The company confirms there has been no deviation or variation in the utilization of these funds. The funds were allocated for future growth opportunities, business expansion, real estate, investment in overseas subsidiaries, working capital, and general corporate purposes. The Audit Committee has reviewed and noted the absence of any deviation in fund utilization.