BSEResult6d ago · 3 Nov 2026, 06:35 pm
CL Educate Limited intimates the Stock Exchange regarding the Outcome of the Board Meeting held on November 03, 2026.
CL Educate Ltd · 540403
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CL Educate Ltd has announced the outcome of its Board Meeting held on November 3, 2026, where it approved a proposal to raise up to INR 140 Crore through the issuance of Non-Convertible Debentures (NCDs) and also approved its unaudited financial results for the quarter and half year ended September 30, 2026.
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CL Educate Ltd - 540403 - Outcome Of The Board Meeting Held On November 03, 2026
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To, To,
Department of Corporate Services, Listing Department,
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, C-1, G-Block, Bandra-Kurla Complex
Dalal Street, Mumbai — 400001 Bandra, (E), Mumbai — 400051
Scrip Code: 540403, Scrip Symbol: CLEDUCATE
ISIN: INE201M01029
Subject: Outcome of the Board Meeting held on Tuesday, November 03, 2026
Dear Ma’am/Sir(s),
Pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“Listing Regulations™), and in furtherance of our letter dated October 28, 2026,
we wish to inform you that at its meeting held today, i.e. on Tuesday, November 3, 2026, the Board of Directors of
the Company, inter alia:
a. Approved the proposal for raising funds aggregating up to INR 140 Crore (Rupees One Hundred Forty Crore
Only), out of which INR 100 Crore (Rupees One Hundred Crore Only) is proposed to be raised initially through
the issuance of Non-Convertible Debentures (“NCDs”) to identified investors on a private placement basis, for
refinancing the existing acquisition debt, along with the related terms and conditions of the proposed issuance,
authorisation for execution of necessary documents and other consequential matters in connection therewith. The
balance amount of up to INR 40 Crore (Rupees Forty Crore Only) shall be raised in due course.
The details of the proposed issuance, as required under Regulation 30 of the SEBI Listing Regulations read with
SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026, are enclosed
as Annexure I
b. Approvedth e Unaudited Financial Results (Standalone & Consolidated) of the Company for the quarter and half
year ended September 30, 2026, including the Statement of Assets and Liabilities as on September 30, 2026, and
Statement of Cash Flow, duly reviewed and recommended by the Audit Committee, along with the Limited
Review Report thereon (with unmodified opinion) issued by the Statutory Auditor of the Company, as are
annexed as Annexure- IL.
The meeting of the Board of Directors commenced at 01:45 PM and concluded at 06:00 PM.
The aforesaid information will also be hosted on the Company’s website at www.cleducate.com.
Kindly take the above on record.
Thanking You,
For CL Educate Limited
Arjun Wadhwa
Chief Financial Officer
Place: New Delhi Encl: As above
Date: November 03, 2026
CL Educate Limited www.cleducate.com
Registered Office: Office No. 201, CTS No. 39A & 39B, SV Road, Near Andheri Subway, Andheri (West) compliance@cleducate.com
Mumbai, Maharashtra — 400058 +91-11-41281100/0800 +91-11-41281101
45, First Floor, Mohan Co-operative Industrial Estate, New Delhi — 110044 Cl 74899MH1996PLC477246
Annexure I
The relevant details required under the Listing Regulations read with SEBI Master Circular
HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026, are provided below:
Sr. [Particulars Details
1. [Type of securities proposed to be issued [Listed, Rated, Senior, Secured, Redeemable, Taxable,
(viz. equity shares, convertibles etc.) [Transferable Non-Convertible Debentures (“NCDs”
or “Debentures”)
2. [Type of issuance (further public offering, [To be issued to eligible investors on a Private
rights issue, depository receipts [Placement basis.
(ADR/GDR), qualified institutions
lacement, preferential allotment etc.)
3. [In case of preferential issue, the listed entity [Not applicable, as the issue is on a private placement
shall disclose additional details [basis and not a preferential allotment
3. [Total number of securities proposed to be |10,000 (Ten thousand only) NCDs having face value
lissued or the total amount for which the |of INR 1,00,000/- (Indian Rupees One Lakh Only)
securities will be issued (approximately) leach, aggregating up to INR 100,00,00,000/- (Indian
[Rupees Hundred crores only) proposed to be issued
by the Company.
4. [Size of the issue INR 100 Crores (Rupees One hundred Crore Only).
5. Whether proposed to be listed? If yes, [The NCDs are proposed to be listed on the wholesale
name of the stock exchange(s) debt segment of BSE Limited.
6. [Tenure of the instrument - date of 50 (Fifty) months from the Deemed Date of
lallotment and date of maturity |Allotment
[Deemed Date of allotment- 25% November 2026
[Date of maturity- 25 January 2031
7. |Coupon/interest offered, schedule of [Coupon Rate-11.90% per annum
[payment of coupon/interest and principal ~ [Coupon Payment Frequency- Monthly
(Coupon Payment Dates- 25 of every Month
[Principal Payment Frequency: As given below:
% of
Dat R t (INR
ate epayment (INR) Principal
05-02-2027 || 3,79,74,684 || 3.80% \
05-05-2027 3,79,74,684 380% |
CL Educate Limited www.cleducate.com
Registered Office: OfficeNo . 201, CTS No. 39A & 39B, SV Road, Near Andheri Subway, Andheri (West), compliance@cleducate.com
Mumbai, Maharashtra — 400058 +91-11-41281100/0800 +91-11-41281101
. First Floor, Mohan Co-operative Industrial Estate, New Delhi — 110044 CIN: L74899MH1996PLC477246
+< CL
edveate
05-08-2027 3,79,74,684 3.80%
[os-112027 || 37974684 | 380% |
(05022028 || 3,79,74,684 | 380% |
[05-05-2028 | 5.69.62.005 | 570% |
[0s-08-2028 || 56962025 | 570% |
[0s-11-2028 | 5.69.62005 | 570% |
[05-02-2029 | 5.69.62.005 | 570% |
(05052029 || 66455696 | 665% |
[05-08-2029 | 66455696 | 665% |
[05-11-2029 | 66455696 | 665% |
(05022030 || 66455696 | 665% |
(05052030 || 79113924 | 791% |
[0s-08-2030 | 79113924 | 791% |
[os-112030 || 79113924 | 791% |
[0-01-2031 [ 79113924 | 791% |
[Total [ 1000000000 | 100% |
8. |Charge/security, if any, created over the e First ranking pari passu charge by way of
jassets hypothecation along with existing lenders of
the Company* on entire movable fixed assets
and current assets including book debts, trade
receivables, contract assets, stock in trade,
inventory, unencumbered cash equivalents,
supplier advances, trademarks / IP, intangible
assets etc., both present and future and
immovables (if applicable) by way of
registered mortgage of the Company
(“Hypothecated Assets™).
o First ranking pari passu charge by way of
equitable/registered mortgage along with
existing lenders of the Company*or as may be
advised in the title search report on the
identified immovables of the Company and
Corporate Guarantor(s)** (‘Mortgaged
Properties’).
e First ranking pari passu charge by way of
pledge of the Company’s equity shareholding
in Dexit Global Limited to the extent of 70%
CL Educate Limited www.cleducate.com
d Office: OfficeN o. 201, CTS No. 39A & 39B, SV Road, Near Andheri Subway, Andheri (West), compliance@cleducate.com
aharasht—r a40 0058 +91-11-41281100/0800 +91-11-41281101
. First Floor, Mohan Co-operative Industrial Estate, New Delhi — 110044 CIN: L74899MH1996PLC477246
of aggregate share capital of Dexit Global
Limited held by the Company on fully diluted
basis, (“Pledged Assets”).
Others:
® General lien and set-off right on all assets of
the Company on first ranking pari-passu basis,
whereby the Debenture Trustee will be entitled
to recover its Outstanding Amount(s) from the
sale of any existing and future current,
movable, fixed and other assets of the
Company at any point in time during the Tenor
in the Event of a Default.
e Restriction on transfer, sale, assignment or
creation of any encumbrances over the Secured
Assets in favour of any third party without the
prior written consent of the Security Trustee.
Without prejudice to the foregoing, any sale,
transfer or assignment of the Secured Assets by
way of an assignment or securitisation
transaction or otherwise shall be subject to the
prior written consent of the Debenture Trustee.
e A Demand promissory note and a letter of
continuity.
* Existing lenders of the Company- Piramal
Finance Ltd, Hero Fincorp Ltd, Oxyzo
Financial Services Ltd, Poonawalla Fincorp
Ltd, HDFC Bank Ltd, IndusInd Bank Ltd
** Unconditional and Irrevocable Corporate
Guarantee by the Company’s 100% subsidiary
Co.-Career Launcher Infrastructure
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