Event Details
The 38th Annual General Meeting (AGM) of Shanti Educational Initiatives Limited is scheduled to be held on Friday, 25th September, 2026 at 03:00 P.M. IST through Video Conferencing (VC)/Other Audio Visual Means (OAVM). The meeting will be conducted from the Registered Office at Plot No. 047, M3M 113 Market, Sector-113, Gurugram-122017, Palam Vihar (Gurgaon), Haryana, India.
Voting Arrangements
Remote e-voting facility will be provided to shareholders from Tuesday, 22nd September, 2026 (9:00 AM IST) to Thursday, 24th September, 2026 (5:00 PM IST). The cut-off date for determining member entitlement for voting is 18th September, 2026. The company has appointed Mr. Jatin Kapadia, Practising Company Secretary, as Scrutinizer to oversee the e-voting process.
Business Items
Ordinary Business:
1. To receive, consider and adopt the Standalone and Consolidated Financial Statements including Audited Balance Sheet as at 31st March 2026, Statement of Profit and Loss and Cash Flow Statement for financial year ended 31st March 2026, along with reports of Board of Directors and Auditors.
2. To reappoint Mrs. Komal Bajaj (DIN: 08445062) as Director who retires by rotation under Section 152(6) of Companies Act, 2013.
Special Business:
3. To approve Material Related Party Transactions with various entities (Resolution as Ordinary Resolution)
4. To approve Material Related Party Transactions specifically with Chiripal Charitable Trust (Resolution as Ordinary Resolution)
Related Party Transaction Details
Transaction with Vijay Subham Contrade Private Limited:
- Estimated value: Up to ₹15 crores for FY2025-26
- Represents 28% of annual consolidated turnover for FY2024-25
- Type: Business advances/loans/investments
- Terms: Unsecured, repayable on demand, interest at prevailing government security yields
- Purpose: General corporate purposes of borrower
- Source of funds: Internal accruals and own funds
Transaction with Kautilya Traders Private Limited:
- Estimated value: Up to ₹15 crores for FY2025-26
- Represents 28% of annual consolidated turnover for FY2024-25
- Type: Business advances/loans/investments
- Terms: Unsecured, repayable on demand, interest at prevailing government security yields
- Purpose: General corporate purposes of borrower
- Source of funds: Internal accruals and own funds
Transaction with Chiripal Charitable Trust:
- Estimated value: Up to ₹10 crores for FY2025-26
- Represents 18% of annual consolidated turnover for FY2024-25
- Type: Transfer of resources (loans/guarantees/provision of securities/sales & services)
- Terms: Unsecured, repayable on demand, interest at prevailing government security yields
- Purpose: Charitable activities and general purposes of the trust
- Source of funds: Internal accruals and own funds
Company Financial Context
The company reported annual consolidated turnover of ₹5942.96 Lakhs as on March 31, 2026. The company is engaged in education services, preschool operations, skill development, teacher training, and educational consultancy services directly or through subsidiaries.
Document Availability
The Notice of AGM and Annual Report 2025-26 are available on company website (www.seil.one), BSE website (www.bseindia.com), and MUFG Intime India Private Limited website.