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News Details

08/11/2025 16:10

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Ironwood Education - Announcement under Regulation 30 (LODR)-Open Offer - Updates

We wish to inform you that Balaji Raghavan (Seller 1) alongwith Manojshankar Tripathi (Seller 2) and Nitish Nagori (Seller 3), one of the Promoter of the Company pursuant to its letter dated November 7, 2025 has informed the Company that they have cumulatively sold 2,46,977 equity shares (representing 1.64%) of total equity share capital of the Company on November 4, 2025 and November 6, 2025 in accordance with circular bearing reference number SEBI/HO/MRD/MRD-PoD-3/P/CIR/2023/10 dated January 10, 2023 regarding Comprehensive Framework on Offer For Sale through Stock Exchange Mechanism issued by SEBI through the separate designated window of BSE Limited. With aforementioned sale of shares, the shareholding of Promoter and Promoter Group in the Company has reduced from 76.64% to 75.00% of the total equity share capital of the Company. Accordingly the Company has become compliant with minimum public shareholding of 25%.