Key Decisions Approved

1. Formation of UK Wholly Owned Subsidiary

  • Board approved incorporation of wholly owned subsidiary in United Kingdom
  • Purpose: To promote, expand, and enhance educational business activities of the Company
  • Authorized designated officials to undertake necessary actions, execute documents, and complete statutory/regulatory formalities for incorporation and operationalization

2. Reclassification of Promoters

  • Agenda item relating to promoter reclassification proposal was not considered
  • Matter deferred for consideration at subsequent Board Meeting
  • Subject to applicable laws and regulatory requirements

3. Change in Key Managerial Personnel

A. Resignation of Managing Director

  • Ms. Neeta Rajesh Dedhia resigned from office of Managing Director
  • Effective from close of business hours on July 20, 2026
  • Reason: Personal reasons (as stated in resignation letter)
  • Board accepted resignation and placed on record appreciation for her contributions
  • Required disclosures under Regulation 30 of SEBI (LODR) Regulations, 2015 provided in Annexure A
  • Relationship disclosure: She is spouse to Mr. Rajesh Chapshi Dedhia, Executive Director & CFO of the Company

B. Appointment of Managing Director and Chairperson

  • Mr. Rajesh Chapshi Dedhia appointed as Managing Director
  • Effective from July 20, 2026
  • Term: Five years (until conclusion of AGM for financial year 2030-31)
  • Subject to shareholder approval in ensuing General Meeting/Postal Ballot
  • Based on recommendation of Nomination and Remuneration Committee
  • Also appointed as Chairperson of Board of Directors effective July 20, 2026
  • Subject to provisions of Companies Act, 2013, Articles of Association, and other applicable laws
  • Profile: Over 25 years experience in Finance, Accounts, Auditing, Taxation, Risk Management, Cross Border Acquisitions, Investor Relationship, Cost control, Business Strategy, Corporate Governance, Secretarial and statutory compliances
  • Relationship disclosure: He is spouse to Ms. Neeta Rajesh Dedhia, Managing Director of the Company
  • Required disclosures under Regulation 30 of SEBI (LODR) Regulations, 2015 provided in Annexure B

4. Discounted Coupons/Vouchers for Shareholders

  • Board approved proposal to offer discounted coupons/vouchers to shareholders
  • Purpose: For availing educational courses offered by the Company
  • Approved terms and conditions governing the scheme
  • Authorized management to implement scheme and undertake necessary actions

Meeting Details

  • Board meeting held on Saturday, July 18, 2026
  • Commenced at 04:45 pm and concluded at 06:35 pm

Financial Impact

Financial impact not quantified in the disclosure for any of the approved items.