Ironwood Education has been appointed as the Development Manager by M/s. Patel Group & Company for the development of the Patel Colossus project situated in Kalyan West, Thane, Maharashtra. The appointment, disclosed on May 29, 2026, aligns with the company's strategy to strengthen its presence in development management and project execution within the real estate sector. Under the agreement, Ironwood Education will undertake services including monitoring, development, marketing, construction, and the sale of unsold inventory, excluding hotel blocks.

Project Scope and Financial Terms

The scope of the assignment encompasses the construction of approximately 5,70,000 sq. ft. of RERA carpet area. This includes commercial spaces located on the ground, first, and second floors, as well as residential units situated on the upper floors. In consideration of these services, the company will receive a Development Management Fee equivalent to 8% of the revenue generated from the sale of the unsold commercial and residential inventory.

Key Details of the Agreement

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The following table summarizes the key particulars of the order:

The company confirmed that the promoter or group companies do not hold any interest in the entity awarding the order, and the transaction does not fall under related party transactions.

Ironwood Education Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations 2018. The certificate covers the quarter ended March 31, 2026, and was filed on April 6, 2026.

Regulatory Compliance Details

The compliance certificate was issued under Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018. Company Secretary Dharmesh Parekh (Membership No. A19545) submitted the documentation to BSE Limited's Department of Corporate Services, referencing the company's scrip code 508918.

Certificate Confirmation

Bigshare Services Private Limited, serving as the company's Registrar and Share Transfer Agent, confirmed compliance with dematerialization procedures. The certificate validates that all securities received from depository participants for dematerialization up to March 31, 2026, were properly confirmed to the depositories.

Key compliance confirmations include:

• Securities received for dematerialization were accepted or rejected as appropriate
• All securities comprised in certificates have been listed on relevant stock exchanges
• Security certificates received for dematerialization were mutilated and cancelled after due verification
• Depository names were substituted in the register of members as registered owners within the prescribed 15-day timeframe

Administrative Process

The certificate was signed by Akash Shamal as Authorized Signatory for Bigshare Services Private Limited. The documentation ensures transparency in the dematerialization process and confirms adherence to SEBI's regulatory framework for depositories and participants.

This quarterly filing represents part of Ironwood Education Limited's ongoing regulatory compliance obligations, ensuring proper handling of securities transactions and maintaining accurate records for investor protection.