Nature of Event

Regulatory filing pursuant to Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, intimating stock exchanges about issuance of corrigendum to the Annual Report for FY 2025-26 and Notice of 20th Annual General Meeting originally submitted on September 1, 2026.

Key Quantitative Figures

  • FY26 Consolidated Turnover: ₹51.22 crore (excluding duties and taxes)
  • FY26 Standalone Turnover: ₹50.33 crore (excluding duties and taxes)
  • Materiality Threshold for RPTs: 10% of consolidated turnover = ₹5.12 crore
  • Section 186 Resolution Limit: Loans/guarantees/investments up to ₹200 crore
  • Section 185 Loan Limits:
  • CP Capital Limited: ₹150 crore
  • Sankalp Capital: ₹10 crore
  • Career Point University Kota: ₹10 crore
  • Career Point University Hamirpur: ₹10 crore
  • Shricon Industries: ₹10 crore
  • Soyug Limited: ₹10 crore
  • Career Point Infra: ₹5 crore

Dates of Action

  • Original Submission Date: September 1, 2026
  • Corrigendum Date: September 19, 2026
  • AGM Date: September 25, 2026 at 4:00 PM via VC/OAVM
  • Record Date: September 18, 2026
  • Remote E-voting Period: September 21, 2026 (9:00 AM) to September 24, 2026 (5:00 PM)
  • Book Closure: September 19, 2026 to September 25, 2026

Parties Involved

Regulators/Exchanges:

  • Bombay Stock Exchange Limited
  • National Stock Exchange of India Limited
  • SEBI

Related Parties for Proposed Transactions:

1. CP Capital Limited (erstwhile Career Point Limited)

2. Shricon Industries Limited

3. Career Point Accessories Limited

4. Career Point University, Kota

5. Career Point University, Hamirpur

6. Gopi Bai Foundation Trust

7. Sankalp Capital Private Limited

8. Soyug Limited

9. Career Point Infra Limited

Company Officials:

  • CS Bhavika Sharma (Company Secretary, ICSI Mem. No. ACS48235)
  • Mr. Om Prakash Maheshwari (Director, DIN: 00185677)
  • Mr. Pramod Kumar Maheshwari (Managing Director)

Purpose/Rationale

The corrigendum is issued to rectify inadvertent omissions in the PDF version of the Annual Report submitted to stock exchanges and hosted on company website. The omissions include:

  • Clerical errors in Directors' Report (incorrect dates)
  • Omission of Annexures A-1 to A-9 containing minimum information disclosures for related party transactions
  • Clerical errors in Explanatory Statement

The company clarifies these corrections are non-material and do not affect the financial statements, auditors' report, financial position, performance, proposed resolutions, or voting rights.

Financial Impact

As per the disclosure, the corrections are "non-material in nature and do not have any impact on the Standalone Financial Statements, the Consolidated Financial Statements, the Report of the Statutory Auditors, the financial position or financial performance of the Company."

The proposed resolutions, if approved, would enable:

  • Loans/guarantees/investments up to ₹200 crore under Section 186
  • Inter-corporate deposits to related parties under Section 185 aggregating ₹205 crore
  • Material related party transactions with nine entities with individual limits ranging from ₹5 crore to ₹150 crore

Capital Structure Impact

No direct impact on share capital disclosed. The director appointment resolution (Item 3) concerns re-appointment of director retiring by rotation.

Cash Flow Implications

Not explicitly quantified, but the loan resolutions would involve potential cash outflows for loans given and inflows for loans taken.

AGM Business Items

Ordinary Business:

1. Adoption of audited standalone financial statements for FY26

2. Adoption of audited consolidated financial statements for FY26

3. Appointment of Mr. Om Prakash Maheshwari as director retiring by rotation

Special Business:

4. Approval for loans/guarantees/investments under Section 186 up to ₹200 crore

5. Approval for loans to interested persons under Section 185

6. Approval for material related party transactions

Related Party Transaction Details

The company seeks omnibus approval for RPTs with nine related parties for the period from 20th AGM to 21st AGM (2027). Key proposed limits:

  • CP Capital Limited: ₹150 crore (rendering and availing financing)
  • Shricon Industries: ₹25 crore (₹10cr financing + ₹15cr goods sale)
  • Career Point Accessories: ₹20 crore (goods sale + services)
  • Career Point University Kota: ₹70 crore (₹10cr financing + ₹30cr goods + ₹30cr services)
  • Career Point University Hamirpur: ₹60 crore (₹10cr financing + ₹25cr goods + ₹25cr services)
  • Gopi Bai Foundation Trust: ₹30 crore (₹15cr goods + ₹15cr services)
  • Sankalp Capital: ₹20 crore (₹10cr rendering + ₹10cr availing financing)
  • Soyug Limited: ₹10 crore (financing)
  • Career Point Infra: ₹10 crore (₹5cr rendering + ₹5cr availing financing)

Voting Arrangements

  • AGM to be held through video conferencing/other audio visual means
  • Remote e-voting available from September 21-24, 2026
  • Scrutinizer: Mr. Amit Gupta, Practicing Advocate (BAR Membership No. 1550/2005)
  • For RPT resolution (Item 6), related parties cannot vote

Additional Information

  • Company listed on BSE/NSE on September 5, 2025 pursuant to NCLT order dated October 22, 2024
  • Corporate Office: CP Tower-1, Road No-1, IPIA, Kota, Rajasthan-324005
  • RTA: Ankit Consultancy Pvt. Ltd., Indore