Ironwood Education Limited has officially declared the results of its postal ballot process for appointing two new directors, with both resolutions receiving overwhelming shareholder approval. The company submitted its regulatory filing to BSE Limited on March 27, 2026, following the completion of the remote e-voting process and scrutinizer's report.

Postal Ballot Process Overview

The postal ballot was conducted exclusively through remote e-voting, with the voting period spanning from February 24, 2026, at 9:00 AM IST to March 25, 2026, at 5:00 PM IST. The company had 2,954 shareholders on the record date of February 13, 2026, who were eligible to participate in the voting process.

Resolution Results and Voting Details

Appointment of Mr. Rohit Lal as Independent Director

The first resolution for appointing Mr. Rohit Lal (DIN: 08535306) as an Independent Director was passed as a special resolution with exceptional support from shareholders.

The resolution received 100.00% approval with 54 members voting in favor, while only 2 members cast 10 votes against the appointment, representing 73.99% of total outstanding shares.

Appointment of Ms. Vedika Akhilesh Chaubey as Director

The second resolution for appointing Ms. Vedika Akhilesh Chaubey (DIN: 03098292) as a Non-Executive Non-Independent Director was passed as an ordinary resolution.

This resolution achieved 100.00% approval with 52 members voting in favor, while only 3 members cast 20 votes against the appointment, representing 61.07% of total outstanding shares.

Scrutinizer's Validation and Compliance

M/s. Sonali Gamne & Associates, appointed as the scrutinizer, submitted their comprehensive report on March 26, 2026. The scrutinizer confirmed that both resolutions were passed with the requisite majority as per the Companies Act, 2013, and SEBI Listing Regulations. The e-voting process was conducted through the National Securities Depository Limited (NSDL) platform, ensuring transparency and compliance with regulatory requirements.

Regulatory Filing and Documentation

The postal ballot process was conducted in accordance with Section 108 and 110 of the Companies Act, 2013, and Regulation 44 of the SEBI Listing Regulations. The voting results and scrutinizer's report have been uploaded on the company's website at www.ironwoodworld.com and NSDL's e-voting portal at www.evoting.nsdl.com for public access and regulatory compliance. The company has formally notified BSE Limited with scrip code 508918 regarding the successful completion of both appointments.

Ironwood Education Limited has issued a postal ballot notice to shareholders for the appointment of two directors, with the e-voting process scheduled to commence from February 24, 2026. The company dispatched the notice on February 23, 2026, to shareholders whose email addresses are registered with the company and depositories.

Proposed Director Appointments

The postal ballot seeks approval for two key appointments to the company's board:

Both directors were initially appointed as Additional Directors on December 31, 2025, by the Board of Directors through circular resolution, based on recommendations from the Nomination and Remuneration Committee.

E-Voting Schedule and Process

The company has engaged National Securities Depositories Limited (NSDL) to facilitate the e-voting process for shareholders. The voting timeline is structured as follows:

Ms. Sonali Gamne of Sonali Gamne & Associates, Company Secretaries, has been appointed as the Scrutinizer to conduct the postal ballot process in a fair and transparent manner.

Director Profiles and Qualifications

Mr. Rohit Lal brings over 30 years of experience in retail banking, specializing in training, process transformation, and skill development for the BFSI sector. He holds a PGDM from IIM Kolkata and a B.Tech from IIT Kharagpur. His professional background includes leadership roles with organizations like Accenture, ICICI Bank, and Citibank. He is proposed for appointment as an Independent Director for a five-year term from December 31, 2025, to December 30, 2030.

Ms. Vedika Akhilesh Chaubey is a law graduate from Mumbai University with diverse experience as an advocate and journalist. She has contributed to several media organizations including MID DAY, BBC, Navbharat Times, Mumbai Mirror, and The Hindu. Her legal expertise focuses particularly on women's rights and welfare matters. She currently holds 1,000 shares in the company.

Compliance and Regulatory Framework

The postal ballot notice has been issued pursuant to Section 110 of the Companies Act, 2013, read with Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014, and Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice is available on the company's website at www.ironwoodworld.com and on NSDL's website at www.evoting.nsdl.com .

Shareholders eligible to vote are those whose names appear in the Register of Members and Register of Beneficial Owners as on the cut-off date of February 13, 2026. The voting rights will be proportionate to the paid-up equity share capital held by members as on the cut-off date.