Ironwood Education Appoints Vijayshankar Tripathi as Additional Executive Director
Ironwood Education Limited has appointed Vijayshankar Tripathi as an Additional Executive Director and Key Managerial Personnel for a five-year term starting August 6, 2025, subject to shareholder approval. Tripathi, 48, is a Commerce graduate and Chartered Accountant with over 20 years of experience in real estate. The position is without remuneration. The company reported a net loss of ₹45.31 lakhs for the quarter ended June 30, 2025, with consolidated net loss at ₹117.26 lakhs.
06Aug 25
Ironwood Education Revamps Leadership, Expands Financial Limits Post Open Offer
Ironwood Education Limited, a vocational education company, has made significant changes to its leadership and financial structure. The company inducted four new promoters and appointed Vijayshankar Tripathi as Executive Director. Financial limits were increased, with borrowing, investment, and asset charge creation limits all raised to Rs. 250.00 crore each, pending shareholder approval. Corporate governance updates include the adoption of revised company documents and appointment of a new Secretarial Auditor. The company reported a consolidated net loss of Rs. 117.26 lakhs for the quarter ended June 30, 2025.