IEC Education Limited announced the resignation of its Company Secretary and Compliance Officer, Shrey Rustogi, effective September 30, 2026. The departure was attributed to personal commitments by the outgoing officer.

The company received the resignation letter via email on September 29, 2026. This intimation was made under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Governance update

The resignation letter will be placed before the upcoming Board Meeting for formal acceptance and noting, in accordance with the Companies Act, 2013 and applicable SEBI regulations. The filing confirms that no relationship exists between the outgoing officer and other directors of the company.

Future arrangements

IEC Education stated it will make necessary arrangements for the appointment of a new Company Secretary and Compliance Officer in compliance with applicable laws. The company will intimate the stock exchanges regarding the new appointment once finalized.

IEC Education Limited shareholders approved the adoption of audited financial statements for FY26 and the re-appointment of a director at the company's 32nd Annual General Meeting. Both resolutions passed with overwhelming majorities, reflecting strong shareholder confidence in management's stewardship.

Voting Results and Attendance

The meeting, held on September 28, 2026, via video conferencing, saw participation from 50 shareholders through virtual means. No shareholders attended in person or through proxy. The e-voting process, which commenced on September 25, 2026, concluded with the following outcomes:

For the first resolution regarding the adoption of standalone and consolidated financial statements for the year ended March 31, 2026, 10,638,170 votes were cast in favour against just 4,392 votes against. This represented 99.96% support among valid votes polled.

The second resolution concerned the re-appointment of Shalini Gupta (DIN: 00114181), who retired by rotation. Promoters and promoter group voted in favour with 7,651,610 votes, while public non-institutions contributed 818,735 votes in favour. A total of 8,470,345 votes supported the re-appointment, resulting in a 99.95% approval rate. Notably, one shareholder's vote of 2,167,825 was deemed invalid for this specific resolution as it pertained to an interested party.

Proceedings and Agenda

The AGM was chaired by Bijoy Kumar Pandit, Director, following the welcome address by Shrey Rustogi, Compliance Officer. Pandit briefed shareholders on the company's journey, key trends in the education industry, and future growth plans. With the consent of members, the Notice convening the AGM and the Auditor's Report for the financial year ended March 31, 2026, were taken as read.

Two primary resolutions were proposed for member approval:

1. Adoption of audited standalone and consolidated financial statements for FY26, along with reports from auditors and directors.
2. Re-appointment of Shalini Gupta (DIN: 00114181) as a director retiring by rotation.

Key Participants

The meeting was attended by several key management personnel and directors, ensuring quorum was met before proceedings began. The attendees included:

• Directors: Shalini Gupta, Bijoy Kumar Pandit, Vipin Kumar Kushwaha, and Sunil Kumar (Independent Director)
• Key Management: Navin Gupta (CEO), Bhishma Prasad Yadav (CFO), and Shrey Rustogi (Compliance Officer)
• Support Staff: Teena Rani (Scrutinizer) and Kajal Goyal (Secretarial Consultant)

Scrutinizer's Report Details

Teena Rani, Sole Proprietor of M/s. MSTR & Associates, Company Secretaries, served as the Scrutinizer. Her report confirmed that the e-voting facility was available to members whose names appeared in the register on the cut-off date of September 21, 2026. The scrutiny covered remote e-voting from September 25 to September 27, 2026, and voting during the AGM itself. The report verified that all procedural requirements under the Companies Act, 2013, and SEBI regulations were met, validating the results declared by the Chairman.