NSEUpdates10 Jul 2026 · 10 Jul 2026, 10:14 pm
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CL Educate Limited · CLEDUCATE
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CL Educate Limited has informed the Exchange regarding 'Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015' regarding the reduction of preference shares of its 100% material subsidiary DEXIT Global Limited.
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CL Educate Limited has informed the Exchange regarding 'Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015'.
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CLEDUCATE_10072026220900_CL_STX_Disclosure_NCLT_Order_Final.pdf
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To To
Department of Corporate Services, Listing Department,
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Dalal Street, C-1, G-Block, Bandra - Kurla Complex
Mumbai– 400 001 Bandra (E), Mumbai – 400 051
Scrip Code: 540403; Scrip Symbol: CLEDUCATE
ISIN: INE201M01029
Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 — Update in continuation of earlier disclosures dated August 29,
2024, January 31, 2025 and February 20, 2025.
Dear Ma’am/ Sir(s),
In furtherance of our earlier disclosures made in this regard on August 29, 2024, January 31, 2025 and
February 20, 2025, we wish to inform you that pursuant to the Final Order dated July 09, 2026 passed by the
Hon'ble National Company Law Tribunal, Mumbai Bench-II (the “NCLT Order”), confirming the Scheme of
Reduction of Preference Share Capital of DEXIT Global Limited (formerly known as NSEIT Limited)
("DEXIT"), a 100% material subsidiary of CL Educate Limited.
The NCLT Order, inter-alia, approves the reduction of up to 2,03,00,000 (Two crores and Three lakhs)
preference shares at face value of Rs. 100 (One Hundred Rupees) per share of DEXIT by paying an
aggregate consideration of up to and not exceeding Rs. 203,00,00,000 (Two Hundred and Three Crores
Rupees) to the preference shareholder of DEXIT i.e. CL Educate Ltd.
This is to further update that the proceeds to be received from DEXIT shall be utilised by Company for
paying off the Deferred Consideration against the purchase of the Redeemable Preference Shares to National
Stock Exchange of India Limited ("NSEIL"), the seller of such shares, in accordance with the mutually
agreed terms between both the parties at the time of acquisition.
DEXIT continues to be a 100% material subsidiary of CL Educate Limited after implementation of the
NCLT Order.
Relevant particulars are set out below:
Particulars Details
1. Name of the entity DEXIT Global Limited (formerly NSEIT Limited), a 100% material
involved Subsidiary of the Company
2. Confirmation of Scheme of Reduction of Preference Share Capital by the
Nature of the event Hon'ble NCLT, Mumbai Bench
3. July 09, 2026
Date of the Final
Order
4. Upto and not exceeding Rs. 203 crores
Amount involved
Kindly take the above details on record.
Thanking You
For CL Educate Limited
Rachna Sharma Place: New Delhi
Company Secretary and Compliance Officer Date: July 10, 2026
ICSI Membership No.: A17780