News Stocks Ironwood Education Limited Issues Postal Ballot Notice for Director Appointments with E-Voting PeriodIronwood Education Limited Issues Postal Ballot Notice for Director Appointments with E-Voting Period
Ironwood Education Limited has issued a postal ballot notice for the appointment of two directors - Mr. Rohit Lal as Independent Director and Ms. Vedika Akhilesh Chaubey as Non-Executive Non-Independent Director. The e-voting period runs from February 24 to March 25, 2026, with results expected by March 27, 2026. Both directors were initially appointed on December 31, 2025, subject to shareholder approval through this postal ballot process.
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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:
| Resolution | Director Details | Type of Resolution |
|---|---|---|
| 1 | Appointment of Mr. Rohit Lal (DIN: 08535306) as Independent Director | Special |
| 2 | Appointment of Ms. Vedika Akhilesh Chaubey (DIN: 03098292) as Non-Executive Non-Independent Director | Ordinary |
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:
| Parameter | Details |
|---|---|
| E-voting Commencement | February 24, 2026, at 9:00 a.m. (IST) |
| E-voting End | March 25, 2026, at 5:00 p.m. (IST) |
| Cut-off Date | February 13, 2026 |
| Results Announcement | On or before March 27, 2026 |
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.
Historical Stock Returns for Ironwood Education
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.04% | +0.46% | +11.85% | +24.11% | +45.86% | +113.03% |
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