IEC Education Limited has announced a key leadership appointment, naming Mr. Bhishma Prasad Yadav as the company's new Chief Financial Officer. The appointment comes as part of the company's ongoing efforts to strengthen its senior management team.

Board Approval and Effective Date

The Board of Directors of IEC Education Limited convened on February 14, 2026, to discuss and approve the appointment of Mr. Bhishma Prasad Yadav as Chief Financial Officer. The appointment takes effect immediately from February 14, 2026.

Regulatory Compliance

The company has duly informed BSE Limited about this appointment in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made pursuant to the regulatory requirements for announcing key management personnel changes.

New CFO Profile

According to the company's disclosure, Mr. Bhishma Prasad Yadav brings wide experience in managerial capacity to his new role. His appointment is expected to contribute to the company's financial management and strategic initiatives.

Company Information

IEC Education Limited operates with its registered office located at E-578, First Floor, Greater Kailash-II, New Delhi-110048. The company, incorporated under CIN L74899DL1994PLC061053, maintains its corporate website at www.iecgroup.in and trades on BSE under scrip code 531840.

IEC Education Limited announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved these results during their meeting held on February 14, 2026, which commenced at 3:00 PM and concluded at 5:55 PM.

Financial Performance Overview

The company's financial performance for Q3 FY26 showed mixed results compared to the previous year. While the quarterly loss decreased significantly, the nine-month performance deteriorated compared to the corresponding period.

Nine-Month Performance Analysis

The nine-month period ended December 31, 2025, presented a contrasting picture to the quarterly improvement. The company's cumulative losses increased substantially during this period.

Expense Structure

The company's expense structure remained consistent with previous periods, with no revenue generation activities. The primary expense components included:

Consolidated Results

The consolidated financial results, which include subsidiaries IEC Leasing and Capital Management Limited, IEC Learning & Management Limited, and IEC Education & Infrastructure Limited, mirrored the standalone performance with identical figures for the current quarter.

Auditor's Observations

The independent auditors S.N. Kapur & Associates highlighted several matters in their limited review report:

• The company has statutory liabilities with government authorities under various acts
• No amounts are due to MSME vendors
• ₹4.60 lakhs remains pending in share application money received for allotment, with no provision for interest or penalty

Share Capital Information

The company maintained a consistent equity share base of 152.60 lakhs shares throughout all reported periods, with no changes in the share capital structure.

Regulatory Compliance

The results were prepared in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Indian Accounting Standards prescribed under Section 133 of the Companies Act, 2013. The company confirmed that it has no outstanding loans from banks or financial institutions and has neither issued NCDs nor NCRPs.