NSEGeneral Updates4d ago · 18 Jul 2026, 02:30 pm

General Updates

Navneet Education Limited · NAVNETEDUL

✦ AI SummaryDivestiture

Navneet Education Limited has informed the Exchange about General Updates regarding the divestment of its partial stake in K12 Techno Services Private Limited to Kenro Capital Education Affiliates II Pte Ltd and Kenro Capital Fund I for an expected consideration of INR 329.68 crores.

Analysis Scores

Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact6/10
Market Sentiment5/10

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Full Announcement

Navneet Education Limited has informed the Exchange about General Updates

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Navneet26_18072026142957_Reg30IntimationLetterFinal.pdf

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NEL/021/2026 Date: July 18, 2026 The Secretary Corporate Relationship Department National Stock Exchange of India Ltd. Bombay Stock Exchange Ltd. Exchange Plaza, 5th Floor, Plot No. C/1, 1st Floor, New Trading Ring, 'G' Block, Bandra-Kurla Complex, Rotunda Building, P. J. Towers, Bandra (East), Mumbai – 400051 Dalal Street, Fort, Mumbai – 400001 Ref: Symbol– NAVNETEDUL Ref: Scrip Code – 508989 Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) We have been informed by our subsidiary, Navneet Learning LLP that it has entered into agreement with Kenro Capital Education Affiliates II Pte Ltd and Kenro Capital Fund I on July 17, 2026 for divestment of its partial stake in K12 Techno Services Private Limited for an expected consideration of INR 329.68 crores. The additional details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No - SEBI/HO/CFD/CFD-PoD 1/P/CIR/2023/123 dated July 13, 2023, are enclosed as Annexure hereto. The same will also be updated on the website of the Company. FOR NAVNEET EDUCATION LIMITED AMIT D. BUCH COMPANY SECRETARY MEMBERSHIP NO. A15239 Encl: a/a Annexure – I Disclosure of information pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI circular SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023. The amount and percentage of the turnover or Turnover of Navneet Learning LLP for the period revenue or income and net worth contributed by ended March 31, 2026 was nil. such unit or division or undertaking or subsidiary or associate company of the listed entity during The net worth of Navneet Learning LLP as on the last financial year March 31, 2026 was INR 79.49 Crores. (all amounts rounded off) Percentage: the aforesaid net worth is 3.89% of the consolidated net worth of Navneet Education Limited as per its last audited consolidated financial results as on March 31, 2026. Date on which the agreement for sale has been The agreement has been executed on July 17, entered into 2026 The expected date of completion of Around 4 weeks from the date of the sale/disposal agreement, subject to satisfaction of the customary conditions as per the agreement. Consideration received from such sale/disposal Expected Consideration: INR 329.68 Crores. Brief details of buyers and whether any of the Kenro Capital Education Affiliates II Pte Ltd, is a buyers belong to the promoter/ promoter Singapore-based investment vehicle affiliated group/group companies. If yes, details thereof with Kenro Capital. Kenro Capital is a specialist secondaries investment firm with an AUM of over USD 100m. Kenro Capital is focused on investment in growth stage companies across India and Southeast Asia, across consumer, financial services, healthcare, and technology sectors. Kenro Capital Fund I is a scheme of Kenro Capital Trust, a SEBI registered Category II Alternate Investment Fund, and is affiliated with Kenro Capital. Kenro Capital is a specialist secondaries investment firm with an AUM of over USD 100m. Kenro Capital is focused on investment in growth stage companies across India and Southeast Asia, across consumer, financial services, healthcare, and technology sectors. Kenro Capital Education Affiliates II Pte Ltd and Kenro Capital Fund I does not belong to the promoter/promoter group/group companies of Navneet Education Limited. Whether the transaction would fall within The transaction is not with a related party. related party transactions? If yes, whether the same is done at “arm’s length Whether the sale, lease or disposal of the Not Applicable. undertaking is outside Scheme of Arrangement? If yes, details of the same including compliance with regulation 37A of LODR Regulations. Additionally, in case of a slump sale, indicative Not Applicable. disclosures provided for amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale