Ironwood Education Ltd appoints Mr. Nitish Nagori as MD

Ironwood Education Limited (BSE: 503918) a leading vocational training company with centres in India and Dubai announced the appointment of Mr. Nitish Nagori as the Managing Director effective January 1, 2023. The company provides quality education in fields of Sports Management, Event Management and Wedding Planning in association with leading professionals and industry experts. Ironwood Education Limited plans to leverage Nitish's experience and expertise to scale up its business, tap new growth opportunities and achieve its strategic objectives.

Nitish joins the team after having spent close to three decades, building and managing retail asset business at some of India's leading banks and NBFC's like HDFC Bank, ICICI Bank, ABN Amro Bank, CMFL (JV of Citibank and Maruti Udyog) and GE Capital. A seasoned professional with excellent relationship building skills, Nitish is known to launch and build strong sustainable businesses.

Commenting on the new appointment, Ms. Bela Desai, Promoter and Director, Ironwood Education Limited said., "Nitish's track record in the retail asset businets has been exemplary. He is truly an asset to have at a time when we are foreseeing a good demand for vocational training in fields we cater to and are embarking on a new journey of growth. We welcome him on board and look forward to leveraging his knowledge and expertise to meet our strategic goals. Nitish will work closely with the Board and Management of the company."

Mr. Nitish Nagori, commenting on his new role as Managing Director of Ironwood Education Limited said, "With growing Government emphasis and private participation in developing sporting talent and infrastructure in India, the country is at the cusp of a sporting revolution. Young Indians are all set to make a huge impact in the international sporting arena and we are also sure to witness more global sporting events in India. There will be dire need for professionals with sports and event management skills. Ironwood Education with over two decades of experience in providing high quaiity vocational training is best placed to cater to the industry's requirement for trained professionals. It is an institution for young aspiring students looking to build a career in sports and events management."

Shares of Ironwood Education Ltd was last trading in BSE at Rs. 31.50 as compared to the previous close of Rs. 30.00. The total number of shares traded during the day was 5488 in over 12 trades.

The stock hit an intraday high of Rs. 31.50 and intraday low of 30.00. The net turnover during the day was Rs. 172772.00.

Source : Equity Bulls

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