Balaji Raghavan, Manojshankar Tripathi and Mr. Nitish Nagori ("Sellers") being the Promoters of Ironwood Education Ltd (the "Company"), proposes to sell Equity Shares of face value of Rs. ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.3 pts more than Nifty Microcap 250 and 6.7 pts more than its Education peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Promoters Balaji Raghavan, Manojshankar Tripathi, and Nitish Nagori of Ironwood Education Ltd have proposed to sell 2,46,977 equity shares (1.64% of the company) through the stock exchange OFS mechanism. The floor price has been set at Rs. 39 per share, with no retail discount being offered. The sale will take place on November 4, 2025 (for non-retail investors) and November 6, 2025 (for retail investors) on BSE's separate OFS window. The purpose of the sale is to help the company achieve the minimum public shareholding requirement as mandated by SEBI regulations.
This is a relatively small promoter divestment (1.64%) aimed at meeting minimum public shareholding norms, which may have a mild dilutive supply effect on the stock in the short term. Existing retail shareholders should note the floor price of Rs. 39 as a benchmark during the OFS window.