NSEUpdates▼ NegativeDebt Restruc.5d ago
MT Educare Limited
Updates
MT Educare Limited has informed the Exchange regarding 'Regulation 30 Disclosure defaults on repayment of Principal Amount and Interest.' The company has defaulted in repayment of Principal and Interest Amount as mentioned below: For loans from banks and financial institutions, including ECBs: *Prudence ARC and Axis Bank. The total amount of outstanding borrowings from banks/financial institutions is 32.33 Crores. The company is under Corporate Insolvency Resolution Process since 16.12.2022 as per Honorable NCLT order dated 16.12.2022.
NSERecord DateInsolvency5d ago
MT Educare Limited
Record Date
MT Educare Limited has informed the Exchange that the Record date for the purpose of Meeting is 24-Sep-2026. The company has also postponed its 20th Annual General Meeting from 22nd September, 2026 to 30th September, 2026.
NSEShareholders meetingInsolvency5d ago
MT Educare Limited
Shareholders meeting
MT Educare Limited has postponed its 20th Annual General Meeting from September 22, 2026 to September 30, 2026, due to the ongoing Corporate Insolvency Resolution Process.
NSERecord DateInsolvency14 Aug 2026
MT Educare Limited
Record Date
MT Educare Limited has informed the Exchange that Record date for the purpose of Meeting is 16-Sep-2026. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the provisions of the Insolvency and Bankruptcy Code, 2016. The company is facing constraints in its finance and accounting functions due to significant employee attrition and is yet to complete the process of collation, verification, and finalisation of the requisite financial information and records.
NSEReasons for Delayed/Non-submission of Financial ResultsInsolvency14 Aug 2026
MT Educare Limited
Reasons for Delayed/Non-submission of Financial Results
MT Educare Limited is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. The company's financial results for the quarter ended June 30, 2026, are not yet finalised and submitted to the stock exchanges due to constraints in finance and accounting functions. The Resolution Professional is taking necessary steps to facilitate completion of the processes.
NSEUpdates▼ NegativeInsolvency14 Aug 2026
MT Educare Limited
Updates
MT Educare Limited has informed the Exchange regarding 'Regulation 30 Disclosure regarding Approval of Matters by the Resolution Professional on August 14, 2026 and Delay in Submission of Financial Results'. The Company is currently undergoing the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. The Resolution Professional has approved several matters, including the re-appointment of a Non-Executive Director and the appointment of a Scrutinizer for the Annual General Meeting. The Company is facing constraints in its finance and accounting functions due to employee attrition and is yet to complete the process of collation, verification, and finalisation of financial information and records.
NSEUpdates▼ NegativeDebt Restruc.29 Jul 2026
MT Educare Limited
Updates
MT Educare Limited has informed the Exchange regarding 'Disclosure defaults on repayment of Principal Amount and Interest'. 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 No 1 Name of the listed entity MT Educare Limited 2 Date of making the disclosure July 29th, 2026 3 Nature of obligation Term Loan, Overdraft and Corporate Guarantee 4 Name of lender(s) *Prudence ARC and Axis Bank 5 Date of default 3 0/06/2026 (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, coupon rate, (INR in (in Rate of Secured/ secured/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.
NSEStructural Digital DatabaseResults21 Jul 2026
MT Educare Limited
Structural Digital Database
MT Educare Limited disclosed its Structured Digital Database (SDD) under Regulation 3(5) and 3(6) of SEBI (PIT) Regulations, 2015 for the quarter ended June 30th, 2026. The company has a SDD in place, and all UPSI have been captured in the database. The recipient was informed that the information they received was UPSI, and the entry has been captured in the database prior to forwarding the UPSI data.
NSEUpdates▼ NegativeInsolvency17 Jul 2026
MT Educare Limited
Updates
MT Educare Limited has informed the Exchange regarding 'Intimation of Material Operational Developments' due to adverse business conditions, including mass resignation from faculty/support staff and lower-than-expected student enrolment/rollover, resulting in significant financial stress and impact on revenue, financial performance, and business operations.
NSECertificate under SEBI (Depositories and Participants) Regulations, 201813 Jul 2026
MT Educare Limited
Certificate under SEBI (Depositories and Participants) Regulations, 2018
MT Educare Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018, confirming the acceptance or rejection of securities received for dematerialisation during the quarter ended June 30, 2026.
NSEUpdates▼ NegativeDebt Restruc.3 Jul 2026
MT Educare Limited
Updates
MT Educare Limited has informed the Exchange regarding 'Disclosure on defaults on payment -30th June, 2026'. The company has defaulted on payment of interest/repayment of principal amount on loans from banks/financial institutions and unlisted debt securities. The delay in payment began due to the disruption in the education sector caused by COVID-19 pandemic restrictions, followed by subsequent challenges faced by the Company from time to time.
NSETrading WindowRegulatory30 Jun 2026
MT Educare Limited
Trading Window
MT Educare Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015, ahead of the declaration of the Un-audited Financial Results for the First quarter and Three Months of the Financial Year 2026-27.
NSEUpdates▼ NegativeDebt Restruc.29 Jun 2026
MT Educare Limited
Updates
MT Educare Limited has disclosed defaults on repayment of principal and interest amount to Prudence ARC and Axis Bank, with a total outstanding amount of 32.33 crores. The company is under Corporate Insolvency Resolution Process since December 16, 2022, and has invoked corporate guarantee against Sri Gayatri Education Society and Lakshya Forum for Competitions Private Limited.
NSEClarification - Financial ResultsResults25 Jun 2026
MT Educare Limited
Clarification - Financial Results
NSE sought clarification from MT Educare Limited regarding its financial results for the quarter ended 31-Mar-2026 under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.