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MT EDUCARE LIMITED CIN: L80903MH2006PLC163888 June 29th, 2026 Manager (CRD) Manager – Listing Department The BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot no. C/1, G Block, Dalal Street, Fort, Bandra-Kurla Complex, Bandra (East), Mumbai- 400001 Mumbai - 400 051 Scrip Code : 534312 Scrip Code: MTEDUCARE Dear Sir/ Madam, Sub: Regulation 30 –Disclosure defaults on repayment of Principal Amount and Interest. Pursuant to regulation 30 of SEBI (LODR), 2015, the Company would like to disclose that the Company has defaulted in repayment of Principal and Interest Amount as mentioned below: For loans from banks and financial institutions, including ECBs: Sr. Type of Disclosure Details 1 Name of the listed MT Educare Limited entity 2 Date of making the June 29th, 2026 disclosure 3 Nature of obligation Term Loan, Overdraft and Corporate Guarantee (e.g. term loans, ECBs, etc.) 4 Name of lender(s) *Prudence ARC and Axis Bank 5 Date of default 3 0/05/2026 (Since March, 2021 Onwards) 6 Current default amount MT Educare ltd (Amount in INR (INR In Crores) crore) (Please provide Lender Principal Interest the breakup of *Prudence ARC 16.44 3.75 instalment and interest) Axis Bank Limited 7.65 4.51 7 Details of the Amount obligation (tenure, Outstanding Tenure coupon rate, (INR in (in Rate of Secured/ secured/unsecured, Name of Lender Crores) Years) Interest unsecured etc.) Axis Bank Ltd – Term Loan 7.16 2 11.65% Secured Axis Bank Ltd – OD 4.98 2 11.20% Secured *Prudence ARC 20.19 2 13.75% Secured 8 Total amount of outstanding borrowings 32.33 Crores from banks/financial institutions Regd. Office: 220, 2nd Floor, “Flying Colors” Pandit Din Dayal Upadhyay Marg, L.B.S. Cross Road, Mulund (w), Mumbai-400080 Corporate Office: 135, Continental Building, Dr. A.B. Road, Worli, Mumbai-400018, MH, India. Ph.:022-2937700/800/900, Fax: 022-25937799, Email: info@mteducare.com, secretarial@mteducare.com, Website : www.mteducare.com MT EDUCARE LIMITED CIN: L80903MH2006PLC163888 9 Total Financial The Company is under Corporate Insolvency Resolution Process since indebtedness of the 16.12.2022 as per Honorable NCLT order dated 16.12.2022. The Claim duly listed entity including verified as well as further verification are in process as per public short-term and long- announcement. term debt (in INR crore) Apart from above borrowings by the Company, there are invoked Corporate Guarantee against the Company as under: Name of Primary Borrower Amount (INR Secured/ Name of Lender in Crores) unsecured Sri Gayatri Education Society Axis Bank Ltd 7.3 Secured Lakshya Forum for Competitions Private Limited *Prudence ARC 16.69 Secured The above financial default are in accordance with the claim received from Secured Financial Creditors. Kindly take the above on record. *Note: 1) Previously, the loan were held by Assets Care & Reconstruction Enterprises Limited which were duly re- assigned to Prudent ARC Limited vide deed of Assignment dated 11th August, 2023) 2) Shamrao Vithal Co-op Bank Ltd (SVC) has submitted claim of Rs. 49.72 crore on account of corporate guarantee issued by corporate debtor for its subsidiary Labh Ventures India Pvt Ltd. However, SVC Bank Ltd has not invoked corporate guarantee till Insolvency Commencement Date i.e 16-12-2022, therefore, claim of SVC Bank Ltd. Has been rejected, however the said Bank had filed an IA before the Hon’ble NCLT, Mumbai which were dismissed by the said Bench vide Order dated 27th March, 2025, however the Bank had filed appeal against the Order in Hon’ble NCLAT and the decision on the same is still pending. 3) In view of the ongoing CIRP proceedings, no changes have occurred in the information previously submitted in the disclosure. Thanking you Yours faithfully, For, MT Educare Limited (In CIRP) (Arihant Nenawati) Resolution Professional IP Reg. No: IBBI/IPA-001/IP-P00456/2017-2018/10799 Email ID: mteducare.cirp@gmail.com Note: Pursuant to the Order dated 16th December, 2022 of the Hon’ble National Company Law Tribunal, Mumbai (“NCLT Order”), Corporate Insolvency Resolution Process (“CIR Process”) has been initiated against the Company in accordance with the provisions of the Insolvency and Bankruptcy Code, 2016, (“Code”) and related rules and regulations issued thereunder with effect from 16th December, 2022 (Corporate Insolvency Resolution Process Commencement Date). Mr. Ashwin Bhavanji Shah has been appointed as Interim Resolution Professional (“IRP”) in terms of the NCLT Order, IRP has constituted Committee of Creditors on 21-08-2023. previously, IRP was performing function as Resolution Professional under regulation 17(3) of CIRP of IBBI, however on 22nd January, 2024, Mr. Arihant Nenawati were appointed as New Resolution Professional in the application filed by Prudent ARC by the Hob’ble NCLT, Mumbai Bench. Regd. Office: 220, 2nd Floor, “Flying Colors” Pandit Din Dayal Upadhyay Marg, L.B.S. Cross Road, Mulund (w), Mumbai-400080 Corporate Office: 135, Continental Building, Dr. A.B. Road, Worli, Mumbai-400018, MH, India. Ph.:022-2937700/800/900, Fax: 022-25937799, Email: info@mteducare.com, secretarial@mteducare.com, Website : www.mteducare.com