NSECredit Rating- New13 Oct 2026 · 13 Oct 2026, 06:10 pm
Credit Rating- New
CL Educate Limited · CLEDUCATE
✦ AI Summarycredit_rating
CL Educate Limited has received a credit rating of BBB (Stable) from ICRA Limited for the company and its 100% material subsidiary DEXIT Global Ltd. The rating is based on the terms and conditions of the instruments as indicated by the company, and any change in the terms or size of the same would require a review of the rating by ICRA.
Analysis Scores
Earnings Impact5/10
Growth Catalyst3/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk6/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
CL Educate Limited has informed the Exchange about Credit Rating- New
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CLEDUCATE_13102026181006_credit_rating_disclosure.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 C-1, G-Block, Bandra-Kurla Complex
Street, Mumbai — 400 001 Bandra, (E), Mumbai — 400 051
Scrip Code: 540403, Scrip Symbol: CLEDUCATE
ISIN: INE201M01029
Subject: Intimation under Regulation 30 of the Securities and Exchange Board of India
isting Obligations and Disclosure Requirements) Regulations, 2015 — New Credit Ratin
assigned to the Company by ICRA
Dear Madany/Sir(s),
Pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements)
Regulations, 2015, we wish to inform you that ICRA Limited, vide its letters dated October 13,
2026, has assigned the following credit rating to CL Educate Ltd. (“the Company”), as well as to its
100% material subsidiary- DEXIT Global Ltd.:
Credit Rating assigned to the Company:
The Company
Rated Instrument
Rated Amount 0
Rating assigned [ICRA] BBB (Stable)
Credit Rating assigned to DEXIT Global Ltd.:
DEXIT Global Ltd.- a
Rated Instrument 100% material subsidiary
of the Company
Rated Amount 0
Rating assigned [ICRA] BBB (Stable)
The copies of the aforesaid Credit Rating letters received from ICRA are enclosed herewith.
Kindly take the above on record.
Thanking You
For CL Educate Limited
Arjun Wadhwa
Chief Financial Officer
Place: New Delhi
Date: October 13, 2026
© www.cleducate.com
CL Educate Limited
@ compliance@cleducate.com
Registered & Corporate Office : A-45, First Floor, ® +91-11-41281100/0800 = +91-11-41281101
Mohan Co-operative Industrial Estate, New Delhi — 110044 CIN: L74899DL1996PLC425162
ICRA/CL Educate Limited/13102026/1
Date: October 13, 2026
Mr. Gautam Puri
Vice Chairman and Managing Director
CL Educate Limited
A-45, First Floor, Mohan Co-operative Industrial Estate,
Mathura Road, New Delhi, Delhi, India - 110044
Dear Sir,
Re: ICRA’s Credit Rating for below mentioned Instruments of CL Educate Limited
As per the Rating Agreement/Statement of Work executed with ICRA Limited, ICRA’s Rating Committee has
taken the following rating actions for the mentioned instruments of your company.
Rated Amount Financial Sector
Instrument Rating Action1
(Rs. crore) Regulator#
[ICRA]BBB (Stable);
Issuer Rating 0.00 -$
assigned
Total 0.00
#SEBI’s grievance redressal/dispute resolution and SEBI investor protection mechanisms such as SCORES and ODR shall not be available for
activities and instruments which fall under the regulatory purview of Financial Sector Regulators other than SEBI.
$ Since no instrument is being rated, FSR is not applicable. The rating scale and definitions stipulated in SEBI Master Circular for CRAs are
being followed.
The aforesaid rating(s) will become due for surveillance within one year from the date of rating
communication letter. However, ICRA reserves the right to review and/or, revise the above rating(s) at any
time based on new information becoming available, or the required information not being available, or other
circumstances that ICRA believes could have an impact on the rating(s). Therefore, request the lenders and
investors to visit ICRA website at www.icra.in for latest rating(s) of the company.
The rating(s) are specific to the terms and conditions of the instruments as indicated to us by you, and any
change in the terms or size of the same would require a review of the rating(s) by us. In case there is any
change in the terms and conditions or the size of the rated instrument, the same must be brought to our
notice before the instrument is used by you. In the event such changes occur after the rating(s) have been
assigned by us and their use has been confirmed by you, the rating(s) would be subject to our review,
following which there could be a change in the rating(s) previously assigned. Notwithstanding the foregoing,
any change in the over-all limit of the instrument from that specified in this letter, would constitute an
enhancement that would not be covered by or under the said Rating Agreement.
1 Complete definitions of the ratings assigned are available at www.icra.in.
ICRA Limited
Registered Office: B-710, Statesman House, 148, Barakhamba Road, New Delhi 110001. Tel. +91-11-23357940-41
Building No. 8, 2nd floor, Tower A, DLF Cyber City, Phase II, Gurugram-122002
www.icra.in info@icraindia.com +91-93547-38909
+0124-4545300 CIN: L74999DL1991PLC042749
Sensitivity Label : Restricted
The rating(s) assigned must be understood solely as an opinion and should not be treated, or cause to be
treated, as recommendation to buy, sell, or hold the rated instrument availed/issued by your company.
You are also requested to forthwith inform us about any default or delay in repayment of interest or principal
amount of the instrument rated, as above, or any other debt instruments/ borrowing and keep us informed
of any other developments which may have a direct or indirect impact on the debt servicing capability of the
company including any proposal for re-schedulement or postponement of the repayment programmes of
the dues/ debts of the company with any lender(s) / investor(s), or occurrence of any significant development
that could impact the ability of the company to raise funds such as restriction imposed by any authority from
raising funds through issuance of debt securities through electronic bidding system. Further, you are
requested to inform us immediately as and when the borrowing limit for the instrument rated, as above, or
as prescribed by the regulatory authority(ies) is exceeded.
We look forward to your communication and assure you of our best services.
With kind regards,
Yours sincerely,
For ICRA Limited
Srikumar Krishnamurthy
Senior Vice President
ksrikumar@icraindia.com
Sensitivity Label : Restricted
ICRA/DEXIT Global Limited/13102026/2
Date: October 13, 2026
Mr. Gautam Puri
Director
DEXIT Global Limited
A-45, First Floor, Mohan Co-operative Industrial Estate,
Mathura Road, New Delhi, Delhi, India - 110044
Dear Sir,
Re: ICRA’s Credit Rating for below mentioned Instruments of DEXIT Global Limited
As per the Rating Agreement/Statement of Work executed with ICRA Limited, ICRA’s Rating Committee has
taken the following rating actions for the mentioned instruments of your company.
Rated Amount Financial Sector
Instrument Rating Action1
(Rs. crore) Regulator#
[ICRA]BBB (Stable);
Issuer Rating 0.00 -$
assigned
Total 0.00
#SEBI’s grievance redressal/dispute resolution and SEBI investor protection mechanisms such as SCORES and ODR shall not be available for
activities and instruments which fall under the regulatory purview of Financial Sector Regulators other than SEBI.
$ Since no instrument is being rated, FSR is not applicable. The rating scale and definitions stipulated in SEBI Master Circular for CRAs are
being followed.
The aforesaid rating(s) will become due for surveillance within one year from the date of rating
communication letter. However, ICRA reserves the right to review and/or, revise the above rating(s) at any
time based on new information becoming available, or the required information not being available, or other
circumstances that ICRA believes could have an impact on the rating(s). Therefore, request the lenders and
investors to visit ICRA website at www.icra.in for latest rating(s) of the company.
The rating(s) are specific to the terms and conditions of the instruments as indicated to us by you, and any
change in the terms or size of the same would require a review of the rating(s) by us. In case there is any
change in the terms and conditions or the size of the rated instrument, the same must be brought to our
notice before the instrument is used by you. In the event such changes occur after the rating(s) have been
assigned by us and their use has been confirmed by you, the rating(s) would be subject to our review,
following which there could be a change in the rating(s) previously assigned. Notwithstanding the foregoing,
any change in the over-all limit of the instrument from that specified in
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