BSEOthers2d ago · 3 Sept 2026, 03:56 pm
Annual Report for the Financial Year 2025-2026 of the Company.
Ascensive Educare Ltd · 543443
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Ascensive Educare Ltd has released its 14th Annual Report for the financial year 2025-2026, highlighting its growth in the skill development and human capital transformation sector.
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Ascensive Educare Ltd - 543443 - Reg. 34 (1) Annual Report.
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Date: 03rd September, 2026
Department of Corporate Services
Bombay Stock Exchange Limited
25th Floor, P. J. Tower,
Dalal Street,
Fort, Mumbai- 400 001.
Dear Sir/Madam,
Sub: Annual Report for the Financial Year 2025-2026 of the Company.
Ref: Ascensive Educare Limited (Scrip Code: 543443)
In compliance with Regulation 34 (1) of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, please find enclosed herewith Annual Report of the Company
for the financial year 2025-2026 to be approved and adopted by the Members of the Company
in the 14th Annual General Meeting to be held on Friday, 25th September, 2026 at 11:00 A.M.
(IST) at the corporate office of the company BF-32, 2ND Floor, Sector-1, Salt Lake City
Bidhannagar Kolkata 700064;
Please take the same on your records.
Thanking You,
FOR, ASCENSIVE EDUCARE LIMITED
ABHIJIT CHATTERJEE
WHOLE TIME DIRECTOR & CEO
DIN: 06439788
Date: 03rd September, 2026
Place: Hooghly
Enclosure: Annual Report for financial year 2025-2026
Reg Office: Ascent Enclave 1110 Rasbihari Avenue, Fatokgora,
Hooghly, Chandannagar, West Bengal, India, 712136
Corporate Office: Bf 32, 2nd Floor, Salt Lake Sec 1, Bidhannagar,
Kolkata West Bengal 700064
Ascensive Educare Limited... 14th Annual Report (FY 2025-26)
INDEX
Contents Page No.
1 General Information 12
2 Notice and Explanatory Statement 14
3 Board’s Report 27
3.A Secretarial Audit Report 43
3.B Management Discussion and Analysis Report 47
4 Independent Audit Report from Goyal Goyal & Co. 53
5 Balance sheet 67
6 Profit and Loss Account 68
7 Cash flow Statement 69
8 Notes to Accounts 74
9 Attendance Slip 94
10 Proxy Form 95
11 Polling Paper 97
12 Route Map 98
Ascensive Educare Limited... 14th Annual Report (FY 2025-26)
Company Profile…
Ascensive Educare Limited – Investing in India’s Human Capital
Growth…
Ascensive Educare Limited, incorporated in 2012 and listed on the Bombay Stock Exchange
(BSE), is a fast-growing and award-winning enterprise at the forefront of India’s skill
development and human capital transformation. As an ISO 9001:2015 certified company,
Ascensive has built a reputation for delivering high-quality, scalable, and outcome-oriented
services across its core verticals: Skill Development Training, Capacity Building, Livelihood
Generation, Apprenticeship Implementation (NAPS/NATS), HR Sourcing & Payroll
Consulting, and CSR & Corporate Training.
Backed by partnerships with National Skill Development Corporation (NSDC), multiple Sector
Skill Councils, and Central & State Government departments, we have trained over 1,00,000
youth across 18+ states, focusing on employability, entrepreneurship, placement and
livelihood. Our expertise in implementing flagship schemes like PMKVY, NATS, DAY-NULM,
DDU-GKY and CSR-Training programs positions us as a trusted partner in national skilling
missions.
We also deliver recruitment-linked training and apprenticeship services to leading corporates,
providing a reliable pipeline of trained manpower, along with end-to-end workforce and
human resource management services including recruitment, deployment, payroll, employee
administration, statutory compliances and operational support, enabling businesses to
optimize workforce management and regulatory compliance.
With strong governance, proven execution, expanding geographical presence, and a high-
impact service portfolio, Ascensive Educare Limited offers investors a compelling opportunity
in India’s booming education and workforce development sector—where economic growth
meets sustainable social impact.
Ascensive Educare Limited... 14th Annual Report (FY 2025-26)
OUR PROMOTERS…
ABHIJIT CHATTERJEE
Chairman, Whole Time Director & CEO
Mr. Abhijit Chatterjee is the Founder and Chairman of the Ascensive
Group of Companies, known for his pioneering contributions to
education, skill development, and sustainable entrepreneurship. With
over 23 years of overall professional experience across diverse fields, he
has been instrumental in shaping national and international skilling
initiatives. Recognized at the Global Skill Development Meet, Paris, and
honoured with prestigious awards like TIME TO LEAP and Thinkers of
Tomorrow, Mr. Chatterjee combines business excellence with a deep commitment to social and
environmental impact. His visionary leadership continues to inspire innovation and transformation in
India’s training and development landscape.
SAYANI CHATTERJEE
Managing Director
Mrs. Sayani Chatterjee is a dynamic leader with over 19 years of
experience in public relations, project management, education, and
training. She holds a Post Graduate Diploma in Management (Public
Relations). At Ascensive, she plays a pivotal role in steering the
company’s training and development vertical, ensuring alignment with
core competencies and long-term strategic goals set by the board. Mrs.
Chatterjee also oversees the operations of the entire Ascensive Group of
Companies. Beyond her corporate role, she is actively involved in social impact initiatives focused on
women empowerment through livelihood development. Her leadership is marked by vision, execution
excellence, and social commitment.
Ascensive Educare Limited... 14th Annual Report (FY 2025-26)
OUR DIRECTORS…
TANMOY SHANKAR BHATTACHARYEA
Non-Executive Director
Tanmoy Shankar Bhattacharyea, Non-Executive Director of Ascensive
Educare Limited, brings over 29 years of expertise in rural development,
education, and media. He leads IMAP Trust, formerly headed George
Broughton Foundation, and has authored notable publications. He also
consults for Microsoft India and contributes to government and
international development initiatives.
SOUMYA RANJAN SAHOO
Non-Executive Director
Mr. Soumya Ranjan Sahoo, Non-Executive Director of Ascensive Group,
holds a B. Tech LLB (Hons) and brings over 9 years of experience in
education, skill development, agriculture, and law. A former member of
QCI, he contributes strategic insights, governance, and quality
improvements to the company’s training and assessment ecosystem.
RAVI SURENDRAKUMAR ARORA
Non-Executive Independent Director
Mr. Ravi Surendrakumar Arora is a Strategic Marketing & Partnerships
Manager with More Than 10 years of experience across Block chain, Web3,
and IT Software industries. Proficient in social media management, client
engagement (email, chat, Zoom), digital campaigns, and ecosystem
development. Skilled in AMAs, business development outreach, and on
Ascensive Educare Limited... 14th Annual Report (FY 2025-26)
boarding IT clients across APAC, UAE, and EU regions. Recognized for building long-term
partnerships, driving business growth, and successfully launching projects.
AKSHAT KETANKUMAR SHAH
Non-Executive Independent Director
Mr. Akshat Ketankumar Shah possesses sound knowledge and practical
understanding of Company Law, Securities Laws and applicable SEBI
Regulations. He has hands-on experience in the capital markets,
particularly in matters relating to the listing of securities through Main
Board Initial Public Offerings (IPOs) and SME IPOs.
Ascensive Educare Limited... 14th Annual Report (FY 2025-26)
Chairman’s Message…
Dear Stakeholders,
It gives me great pleasure to share the progress of Ascensive Educare Limited during FY 2025–26. We remain
committed to delivering skill development, vocational training, entrepreneurship and employment-oriented
programmes that create sustainable opportunities.
Our self-financed skill development model recorded an impressive 66% year-on-year growth, reflecting the
strength of our industry-aligned approach. To date, we have trained over 60,000 individuals across diverse
sectors, supporting employability, entrepreneurship and livelihood development.
During the year, we strengthened our engagement with Government departments, Skill Development
Authorities, Sector Skill Councils and institutional partners across West Bengal, Odisha, Jharkhand, Assam,
Maharashtra, Rajasthan and Tripura. Our programmes covered Beauty & Wellness, Food Proces
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