IEC Education Limited has issued a clarification to BSE Limited regarding recent movement in its equity share prices, responding to a surveillance inquiry dated January 09, 2026. The company's Chief Executive Officer Navin Gupta submitted the formal response on January 13, 2026.

Regulatory Compliance Confirmation

The company confirmed its ongoing compliance with regulatory disclosure requirements. IEC Education Limited stated that it has been regularly adhering to the requirements of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company emphasized that it has promptly disclosed all material events and information that may impact its operations or performance.

Price Movement Analysis

Regarding the specific price movement inquiry, the company provided clear responses on key aspects:

Management Statement

The company explicitly stated that it is not in possession of any unpublished price sensitive information, including any impending announcement, corporate action, or material development that could have resulted in the equity share price movement. According to the management, the observed price movement appears to be driven by prevailing market conditions and factors beyond the company's direct control.

Future Disclosure Commitment

IEC Education Limited reaffirmed its commitment to regulatory compliance and transparency. The company assured that it will continue to comply with applicable disclosure requirements and will promptly inform the exchange of any material information when such events occur. This commitment underscores the company's dedication to maintaining transparent communication with stakeholders and regulatory authorities.

The clarification was digitally signed by CEO Navin Gupta and submitted through the company's official channels to BSE's surveillance department, completing the regulatory response process.

IEC Education Limited , a company listed on the Bombay Stock Exchange (BSE: 531840), has reported a net loss of Rs 3.62 lakhs for the quarter ended September 30, 2025. The company's financial results, released on November 14, 2025, reveal a concerning trend of zero revenue from operations and minimal business activity.

Financial Performance

For the quarter under review, IEC Education Limited posted the following key financial figures:

The company's total expenses of Rs 3.62 lakhs primarily consisted of employee benefit costs (Rs 2.16 lakhs) and other expenditures (Rs 1.46 lakhs).

Half-Yearly Results

The half-yearly results paint a similar picture:

Auditor's Concerns

S.N. Kapur & Associates, the company's auditors, have raised significant concerns in their limited review report:

1. The absence of business activities casts doubt on the entity's ability to continue as a going concern, as per SA-570 issued by the Institute of Chartered Accountants of India (ICAI).
2. The company has Rs 4.60 lakhs pending in respect of share application money received, awaiting allotment for an extended period. No provision for interest or penalty has been made for this default.

Management Changes

In a separate announcement, IEC Education Limited disclosed that Mr. Sujit Kumar Mishra has resigned from his position as Chief Financial Officer, effective November 14, 2025. The resignation was attributed to personal reasons.

Outlook

The company's continued lack of revenue-generating activities and mounting losses raise serious questions about its future operations and financial viability. Investors and stakeholders may need to closely monitor the company's plans for reviving its business operations or any potential restructuring efforts.

IEC Education Limited's board of directors approved these unaudited financial results at their meeting held on November 14, 2025.