Please find attached herewith the Corrigendum to the Notice of Extra Ordinary General Meeting to be held on December 24, 2025
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Ironwood Education Ltd has issued a corrigendum (dated December 22, 2025) to the original EGM notice dated November 25, 2025. The EGM is scheduled for December 24, 2025 via video conferencing. The corrigendum revises Para 20 of the Explanatory Statement, which deals with the identity of proposed allottees in a preferential issue of equity shares. Under the revised list, 12 non-promoter allottees (individuals, LLPs, and companies) will receive a total of 17,11,670 equity shares, bringing the total post-issue shareholding of these allottees to 17,80,890 shares, or 10.61% of the post-preferential-issue capital. The biggest allottee is Capri Global Holdings Private Limited (6,00,000 shares, 3.84% post-issue), followed by Darius D. Pandole (jointly with Anahita D. Pandole) at 4,44,445 shares (2.65%), and Farokh D. Pandole (jointly with Simone Farokh Pandole) at 2,22,225 shares (1.32%). All allottees remain non-promoters, so no change in control is triggered. Except for these changes, all other terms of the original EGM notice remain unchanged.
The corrigendum clarifies who is receiving shares in the proposed preferential issue but does not change the size or nature of the issue materially. Since all allottees are non-promoters, there is no change in control, and dilution to existing shareholders is limited to roughly 10.61%. Shareholders should review the revised allottee list before voting at the EGM on December 24, 2025.