NSEGeneral Updates1d ago · 4 Sept 2026, 02:32 pm
General Updates
Global Education Limited · GLOBAL
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Global Education Limited has informed the Exchange about General Updates - Update on allotment of equity shares by Rishiraj Infravision Private Limited pursuant to the Scheme of Demerger.
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Growth Catalyst6/10
Governance Concern1/10
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Market Sentiment5/10
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Global Education Limited has informed the Exchange about General Updates - Update on allotment of equity shares by Rishiraj Infravision Private Limited pursuant to the Scheme of Demerger
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GLOBAL EDUCATION LIMITED
CORPORATE IDENTIFICATION NUMBER(CIN) - L80301MH2011PLC219291
Registered Office : Office No.205,02nd Floor Jaisingh Business Center Premises CHSL,Sahar Road, Parsiwada,
Andheri(E), Mumbai - 400099 , Maharashtra - India
Tel No. +91 22 49242584, e-mail id : investorinfo@globaledu.net.in, Website : www.globaledu.net.in
Through Online Filing
GEL/CS/391
Dated: Friday, the 04th day of September, 2026
The Manager, Listing Department,
National Stock Exchange of India Limited
Exchange Plaza, C-1, Block –G,
Bandra Kurla Complex, Bandra (East),
Mumbai – 400051, Maharashtra, India
Reference: Symbol: GLOBAL ISIN No: INE291W01037
Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 - Update on allotment of equity shares by Rishiraj Infravision
Private Limited pursuant to the Scheme of Demerger
Dear Sir/Madam,
Further to our disclosure dated August 21, 2026 regarding the order of the Hon’ble National Company Law
Tribunal, Mumbai Bench (“NCLT”) sanctioning the Scheme of Demerger between Yola Stays Limited
(“YSL” / “Demerged Company”) and Rishiraj Infravision Private Limited (“RIPL” / “Resulting
Company”) and their respective shareholders (“Scheme”), we wish to inform you that the Board of
Directors of RIPL has, on September 4, 2026, allotted equity shares pursuant to the Scheme..
In accordance with the share entitlement ratio under the Scheme, being 1 (One) fully paid-up equity share
of face value ₹1/- each of RIPL for every 1 (One) equity share of face value ₹5/- each held in YSL,
RIPL has allotted 24,00,000 (Twenty-Four Lakh) fully paid-up equity shares of face value ₹1/- each to
Global Education Limited (“Company”). The allotment has been made for consideration other than cash
pursuant to implementation of the NCLT-sanctioned Scheme.
Prior to the aforesaid allotment, the Company held 28,230 equity shares of RIPL. Consequent to the
allotment, the Company holds 24,28,230 equity shares of RIPL, representing approximately 28.24% of
the post-allotment equity share capital of RIPL. The Company’s percentage shareholding remains
substantially unchanged from its pre-allotment holding of 28.23%, the allotment being proportionate
pursuant to the Scheme.The Company has not paid any cash consideration for the aforesaid allotment. The
shares have been allotted pursuant to and in terms of the Scheme sanctioned by the NCLT.
This disclosure is being made as an update to the earlier disclosure relating to the Scheme and pursuant to
Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015.
Kindly take the above information on record.
Sincerely,
FOR GLOBAL EDUCATION LIMITED
CS PREETI PACHERIWALA
COMPANY SECRETARY
ICSI MEM. NO: F7502