Pursuant to Regulation 30 of SEBI LODR read with Schedule III thereto, we are enclosing herewith the brief details of amendment to Memorandum and Articles of Association of the Company.
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At its 42nd AGM held on September 16, 2025 (3:00 PM to 3:23 PM), Ironwood Education Ltd got shareholders' approval via special resolutions to amend its Memorandum and Articles of Association (MoA/AoA). The old MoA, based on the Companies Act 1956, was replaced with a new one aligned with the Companies Act 2013. The Main Object Clause was expanded with new sub-clauses (2D, 2E, 2F) to formally include real estate, construction, infrastructure development, and project management businesses. A new Clause 154 was also added to cover financial and loan arrangements for real estate and infrastructure projects. The Articles of Association were restated to reflect rights and obligations arising from the acquisition of Trio Infrastructure Private Limited, done via Share Purchase Agreement and Shareholders' Agreement, both dated December 2024.
These amendments signal a clear strategic pivot for Ironwood Education from its core education business toward real estate and infrastructure, following the Trio Infrastructure acquisition. Shareholders should expect the company to increasingly operate in the real estate/infra space, which could change its growth profile and risk-reward balance going forward.