14-Aug-2026      21:46

Ironwood Education confirms proper use of Rs 77 crore raised in January 2026

Ironwood Education Limited stated there was no deviation or variation in the utilization of funds raised through a preferential issue of equity shares, according to a filing with the BSE Limited on August 14, 2026. The company had raised Rs 77,02,51,150 on January 22, 2026, for investments in future growth opportunities, loans and investments in an overseas subsidiary, working capital, education business in India, and general corporate purposes. The Audit Committee noted the confirmation during a meeting held on August 14, 2026.

News source: Capital Market - Live News