Tillkännagivande • May 30
Mt Educare Limited Announces Defaults on Repayment of Principal and Interest Amount MT Educare Limited defaulted in repayment of Principal and Interest Amount as following: Name of the listed MT Educare Limited entity, Date of making the disclosure May 29th, 2026, Nature of obligation Term Loan, Overdraft and Corporate Guarantee (e.g. term loans, ECBs, etc.), Name of lender(s) Prudence ARC and Axis Bank, Date of default 30/04/2026 (Since March, 2021 Onwards), Current default amount MT Educare ltd Total Financial indebtedness of the listed entity including short-term and long-term debt (in INR million) The Company is under Corporate Insolvency Resolution Process since 16.12.2022 as per Honorable NCLT order dated 16.12.2022. The Claim duly verified as well as further verification are in process as per public announcement (Amount in INR million) (Please provide the breakup of instalment and interest) Lender Principal Interest Prudence ARC INR 164.4 INR 37.5 Axis Bank Limited INR 76.5 INR 45.1 Details of the obligation (tenure, coupon rate, secured/unsecured, etc.) Name of Lender Amount Outstanding (INR in million) Tenure (in Years) Rate of Interest Secured/unsecured Axis Bank Ltd. Term Loan INR 71.6 2 11.65% Secured Axis Bank Ltd. OD INR 49.8 2 11.20% Secured Prudence ARC INR 201.9 2 13.75% Secured Total amount of outstanding borrowings from banks/financial institutions INR 323.3 million. Tillkännagivande • Feb 03
MT Educare Limited to Report Q3, 2026 Results on Feb 11, 2026 MT Educare Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 11, 2026 Tillkännagivande • Nov 05
MT Educare Limited to Report Q2, 2026 Results on Nov 14, 2025 MT Educare Limited announced that they will report Q2, 2026 results on Nov 14, 2025 Tillkännagivande • Aug 14
MT Educare Limited, Annual General Meeting, Sep 24, 2025 MT Educare Limited, Annual General Meeting, Sep 24, 2025. Tillkännagivande • Aug 05
MT Educare Limited to Report Q1, 2026 Results on Aug 13, 2025 MT Educare Limited announced that they will report Q1, 2026 results on Aug 13, 2025 Tillkännagivande • May 16
MT Educare Limited to Report Q4, 2025 Results on May 30, 2025 MT Educare Limited announced that they will report Q4, 2025 results on May 30, 2025 Tillkännagivande • Feb 03
MT Educare Limited to Report Q3, 2025 Results on Feb 10, 2025 MT Educare Limited announced that they will report Q3, 2025 results on Feb 10, 2025 Tillkännagivande • Jan 29
MT Educare Limited Announces the Default in Repayment of Principal and Interest Amount MT Educare Limited announced that the Company has defaulted in repayment of Principal and Interest Amount. Nature of obligation (e.g. term loans, ECBs, etc.): Term Loan, Overdraft and Corporate Guarantee. Name of lender(s): Prudence ARC and Axis Bank. Date of default: 30/12/2024 (Since March, 2021 Onwards) Current default amount (Amount in INR) (Please provide the breakup of instalment and interest): Lender: Prudence ARC. Principal: INR 164.4 million. Interest: INR 37.5 million. Lender: Axis Bank Limited. Principal: INR 76.5 million. Interest: INR 45.1 million. Details of the obligation (tenure, coupon rate, secured/unsecured, etc.): Name of Lender: Axis Bank Ltd. Term Loan. Amount Outstanding: INR 71.6 million. Tenure (in Years): 2. Rate of Interest: 11.65%. Secured/unsecured: Secured. Name of Lender: Axis Bank Ltd. OD. Amount Outstanding: INR 49.8 million. Tenure (in Years): 2. Rate of Interest: 11.20%. Secured/unsecured: Secured. Name of Lender: Prudence ARC. Amount Outstanding: INR 201.9 million. Tenure (in Years): 2. Rate of Interest: 13.75%. Secured/unsecured: Secured. Total amount of outstanding borrowings from banks/financial institutions: INR 323.3 million. Tillkännagivande • Jan 01
MT Educare Limited Defaults in Repayment of Principal and Interest Amount MT Educare Limited has defaulted in repayment of Principal and Interest Amount of Term Loan, Overdraft and Corporate Guarantee. Name of lender: Prudence ARC and Axis Bank. Date of default: November 30, 2024 (Since March 2021 Onwards). Total amount of outstanding borrowings from banks/financial institutions: INR 323.3 million. The company is in Corporate Insolvency resolution process since December 16, 2022, as per Honorable NCLT order Dated December 16, 2022. The claim duly verified as well as further verification are in process as per public announcement. Tillkännagivande • Nov 05
MT Educare Limited to Report Q2, 2025 Results on Nov 14, 2024 MT Educare Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Tillkännagivande • Aug 14
MT Educare Limited, Annual General Meeting, Sep 25, 2024 MT Educare Limited, Annual General Meeting, Sep 25, 2024. Tillkännagivande • Aug 02
MT Educare Limited to Report Q1, 2025 Results on Aug 13, 2024 MT Educare Limited announced that they will report Q1, 2025 results on Aug 13, 2024 Tillkännagivande • May 23
MT Educare Limited to Report Q4, 2024 Results on May 28, 2024 MT Educare Limited announced that they will report Q4, 2024 results on May 28, 2024 Tillkännagivande • Mar 30
MT Educare Limited Announces Default in Repayment of Principal and Interest Amount MT Educare Limited announced that the Company has defaulted in repayment of Principal and Interest Amount. Name of lender(s): Prudence ARC and Axis Bank. Date of default: Since March, 2021 Onwards. Current default amount, Lender, Principal Interest: Prudence ARC, Principal: INR 164.4 million, Interest: INR 37.5 million. Axis Bank Limited, Principal: INR 76.5 million, Interest: INR 45.1 million. Details of the obligation (tenure, coupon rate, secured/unsecured, etc.) Name of Lender, Amount Outstanding, Tenure (in Years), Rate of Interest, Secured/unsecured: Axis Bank Ltd. - Term Loan, INR 71.6 million, 2 years, 11.65%, Secured. Axis Bank Ltd. – OD, INR 49.8 million, 2 years, 11.20%, Secured. Prudence ARC, INR 201.9 million, 2 years, 13.75%, Secured. Total amount of outstanding borrowings from banks/financial institutions: INR 323.3 million. Tillkännagivande • Dec 28
MT Educare Limited Announces Defaults on Repayment of Principal Amount and Interest MT Educare Limited announced that the Company has defaulted in repayment of Principal and Interest Amount. Name of lender(s): Prudence ARC and Axis Bank. Date of default: Since March, 2021 Onwards. Current default amount, Lender, Principal Interest: Prudence ARC, INR 164.4 million, Principal Interest: 3.75. Axis Bank Limited, INR 76.5 million, Principal Interest: 4.51. Details of the obligation (tenure, coupon rate, secured/unsecured, etc.) Name of Lender Amount Outstanding, Tenure (in Years), Rate of Interest, Secured/unsecured: Axis Bank Ltd. - Term Loan, INR 71.6 million, 2 years, 11.65%, Secured. Axis Bank Ltd. – OD, INR 49.8 million, 2 years, 11.20%, Secured. Prudence ARC INR 201.9 million, 2 years, 13.75%, Secured. Total amount of outstanding borrowings from banks/financial institutions: INR 323.3 million. Tillkännagivande • Aug 09
MT Educare Limited, Annual General Meeting, Sep 25, 2023 MT Educare Limited, Annual General Meeting, Sep 25, 2023, at 14:30 Indian Standard Time. Tillkännagivande • Aug 03
MT Educare Limited to Report Q1, 2024 Results on Aug 08, 2023 MT Educare Limited announced that they will report Q1, 2024 results on Aug 08, 2023 Tillkännagivande • Jul 06
MT Educare Limited Announces Disclosures on Defaults on Payment of Interest/Repayment of Principal Amount on Loans from Banks/Financial Institutions MT Educare Limited announced the delay in the payment of Interest/Repayment of Principal was continuing since COVID-19 pandemic during Lockdown, Further, The Company had already commenced servicing interest from September 2021 onwards till Commencement of CIRP i.e 16th December, 2022 for the Loan availed from Axis Bank Limited, however, Loan availed from Xander Finance Private Limited were assigned by lender to AssetCare & Reconstruction Enterprise Limited (ACRE) vide agreement dated August 28, 2021. Total financial indebtedness of the listed entity including short-term and long-term debt of INR 32.33 crore. Tillkännagivande • May 13
MT Educare Limited to Report Q4, 2023 Results on May 22, 2023 MT Educare Limited announced that they will report Q4, 2023 results on May 22, 2023 Tillkännagivande • Feb 14
MT Educare Limited Announces Resignation of Nirav Parekh as Chief Financial Officer MT Educare Limited announced that Mr. Nirav Parekh has resigned for the personal reason from the statutory position of Chief Financial Officer and Key Managerial Personnel of the Company and has been relieved from the position of Chief Financial Officer of the Company with effect from the closing hours of February 13, 2023. Further Mr. Nirav Parekh will serve the 30 days' Notice period for smooth handover his work. Tillkännagivande • Jan 25
MT Educare Limited Announces Resignation of Parag Ola from the Position of Whole Time Director and KMP MT Educare Limited announced that resignation of Mr. Parag Ola from the position of whole time director and KMP of the company with effect from the closing hours of January 24, 2023. Tillkännagivande • Nov 08
MT Educare Limited Announces CFO Changes MT Educare Limited announced that at the board meeting held on November 7, 2022, accepted the resignation by Mr. Siddhartha Haldar from the post of Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the Company and pursuant to his resignation, Mr. Siddhartha Haldar, ceased to be CFO and KMP of the Company with effect from Close of Business hours of November 7, 2022. Mr. Nirav Parekh has been appointed as Chief Financial Officer and Key Managerial Personnel of the Company with effect from November 08, 2022. Mr. Nirav Parekh is a qualified Chartered Accountant and member of ICAI, having 11 years of versatile professional experience in Corporate Industry. His recent role was Director Finance at The Good Glamm Group. Before that he has worked with Unilever, Abbott, Reliance Jio, Raymond Consumer Care and Sahajanand Medical Technology. He has also cleared Company Secretary exams. He brings in expertise in Global FP&A, Finance Business Partnering, Commercial Finance, Corporate reporting, Accounts, Audit, Tax, Compliance, Consolidation, Mergers and Acquisitions, Risk Assessment Analysis, Setting up of robost Finance team, Implementation of SAP, DMS, Control, Processes & Policies. Tillkännagivande • Nov 03
MT Educare Limited to Report Q2, 2023 Results on Nov 07, 2022 MT Educare Limited announced that they will report Q2, 2023 results on Nov 07, 2022 Tillkännagivande • Jul 28
MT Educare Limited, Annual General Meeting, Sep 14, 2022 MT Educare Limited, Annual General Meeting, Sep 14, 2022. Tillkännagivande • Jul 20
MT Educare Limited to Report Q1, 2023 Results on Jul 26, 2022 MT Educare Limited announced that they will report Q1, 2023 results on Jul 26, 2022 Tillkännagivande • Jan 04
MT Educare Limited Announces Defaults on Repayment of Principal Amount and Interest MT Educare Limited would like to disclose that the Company has defaulted in repayment of Principal and Interest Amount as mentioned below: Nature of obligation: Term Loan. Name of lender(s): Asset Care & Reconstruction Enterprise Limited (ARCE), Axis Bank and SVC Co-operative Bank Date of default: November 30, 2021, October 31, 2021, September 30, 2021, August 31, 2021, July 31, 2021. Tillkännagivande • Mar 03
Mt Educare Limited Appoints Karunn Kandoi as an Additional Director MT Educare Limited appointed Mr. Karunn Kandoi as an Additional Director in the category of Independent Director of the Company for a term of three years with effect from March 01st, 2021, subject to the approval of shareholders at the upcoming general meeting. Tillkännagivande • Feb 03
MT Educare Limited Approves the Appointment of Vipin Choudhary as Non-Executive Non-Independent Director MT Educare Limited at its board meeting held on February 2, 2021 approved the appointment of Mr. Vipin Choudhary as the Additional Director of the company in the category Non-Executive Non-Independent Director From February 2, 2021 until the ensuing Annual General Meeting of the company to be held in calendar year 2021. He joined Essel group in 2008 as GM-Operations a division of Essel Groups off-shore casino brand Maharajah Casino in Goa. He was handling Sales & Government Relation of Essel Group's Online Lottery brand Playwin. As head of Operations Jalesh Cruises he was taking care of Port, Marine Supply & technical operations. He was responsible for Gaming and Marine projects of Essel Group from 2008 till 2020. Due to Covid-19 pandemic he moved on from Essel group and joined Dream Hotels under the brand Cordelia Cruises. Recent Insider Transactions • Jan 06
Insider recently sold ₹4.2m worth of stock On the 31st of December, Mahesh Shetty sold around 469k shares on-market at roughly ₹9.07 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹78m more than they bought in the last 12 months. Tillkännagivande • Dec 26
MT Educare Limited Appoints Roshanlal Kamboj as an Independent Director MT Educare Limited announced the appointment of Roshanlal Kamboj as an independent director of the company. Reported Earnings • Dec 17
Second quarter 2021 earnings released: EPS ₹0.008 The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₹349.9m (down 46% from 2Q 2020). Net income: ₹575.0k (down 99% from 2Q 2020). Profit margin: 0.2% (down from 8.3% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 45% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Dec 03
New 90-day high: ₹12.97 The company is up 5.0% from its price of ₹12.30 on 04 September 2020. The Indian market is up 13% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Services industry, which is down 1.0% over the same period. Reported Earnings • Nov 30
First quarter 2021 earnings released: ₹0.26 loss per share The company reported a poor first quarter result with weaker earnings, revenues and control over expenses. First quarter 2021 results: Revenue: ₹233.5m (down 63% from 1Q 2020). Net loss: ₹18.9m (down 147% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 51% per year, which means it is significantly lagging earnings. Tillkännagivande • Nov 20
MT Educare Limited Announces Resignation of Manish Agarwal from the Position of Independent Director MT Educare Limited announced that Dr. Manish Agarwal (DIN: 02069969), has resigned from the position of Independent Director from the Company's Board of Directors and Committee/s with effect from the close of business hours of November 19th, 2020. Tillkännagivande • Nov 19
MT Educare Limited to Report Q1, 2021 Results on Nov 25, 2020 MT Educare Limited announced that they will report Q1, 2021 results on Nov 25, 2020 Recent Insider Transactions • Nov 03
Insider recently sold ₹369k worth of stock On the 26th of October, Mahesh Shetty sold around 38k shares on-market at roughly ₹9.60 per share. In the last 3 months, they made an even bigger sale worth ₹23m. Insiders have been net sellers, collectively disposing of ₹71m more than they bought in the last 12 months. Is New 90 Day High Low • Sep 28
New 90-day low: ₹10.94 The company is down 30% from its price of ₹15.67 on 30 June 2020. The Indian market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Services industry, which is down 5.0% over the same period. Tillkännagivande • Sep 21
MT Educare Limited to Report Q4, 2020 Results on Sep 25, 2020 MT Educare Limited announced that they will report Q4, 2020 results on Sep 25, 2020 
