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Ironwood Education Fixes Rs 24 Crore Rights Issue At Rs 41


12 November 2026
Ironwood Education Ltd.

Realty Drives Profit Turnaround PAT at Rs 2.4 Cr in Q2 FY27 vs loss of Rs 0.5 Cr in Q2 FY26. Revenue at Rs 14.6 Cr in Q2 FY27, +2724.5% YoY. EBITDA at Rs 3.4 Cr vs loss of Rs 0.2 Cr in Q2 FY26; Other Income rose to Rs 1.9 Cr vs Rs 0.2 Cr, flattering EBITDA. EBITDA margin at 23.2% vs -30.3%. Real Estate drove growth with revenue at Rs 13.8 Cr while Education at Rs 0.8 Cr remained loss-making. Board fixed Rs 24 Cr rights issue at Rs 41 per share in ratio of 34 for every 100 held, record date Nov 18 2026, open Nov 25 to Dec 4 2026. EMDI Dubai subsidiary ceased operations with closure initiated; auditors note non-going-concern basis.


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