CL Educate 30th AGM Approves All Resolutions

CL Educate Limited

Date: Tuesday, September 29, 2026
Time: 11:00 AM to 11:45 AM (IST)
Location: Conducted through two-way Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
Meeting Type: 30th Annual General Meeting

Directors Present:

Key Managerial Personnel Present:

Other Representatives Present:

Mr. Neeraj Goel and Mr. Varun Khanna - Statutory Auditors (M/s. Walker Chandiok & Co. LLP)
Mr. Vishwanath - Secretarial Auditor (M/s. Sharma and Trivedi LLP)
Mr. Devesh Kumar Vasisht - Scrutinizer (DPV & Associates LLP)

Shareholder Participation:

Promoter and Promoter Group: 8 shareholders holding 1,90,56,188 shares (35.09883% of paid-up capital)
Public: 39 shareholders holding 17,57,421 shares (3.23692% of paid-up capital)
Total: 47 shareholders holding 2,08,13,609 shares (38.33575% of paid-up capital)

Five ordinary resolutions were proposed for shareholder approval:

1. Adoption of Audited Financial Statements for the financial year ended March 31, 2026

2. Re-appointment of Mr. Nikhil Mahajan (DIN: 00033404) as Executive Director and Group CEO-Enterprise Business

3. Re-appointment of Mr. Imran Jafar (DIN: 03485628) as Non-Executive Non-Independent Director

4. Ratification of remuneration payable to M/s Sunny Chhabra and Co. (Firm Registration Number: 101544) as Cost Auditor for FY 2026-27

5. Approval of overall maximum remuneration payable to Non-Executive Directors for three years from April 01, 2027 to March 31, 2030

The voting process included:

Remote e-voting period: September 24, 2026 (09:00 AM) to September 28, 2026 (05:00 PM)
E-voting during AGM: Available for members who hadn't voted remotely
Scrutinizer: Mr. Devesh Kumar Vasisht, Managing Partner of DPV & Associates LLP
Cut-off date: September 22, 2026
Total paid-up share capital: Rs. 27,14,64,735 divided into 5,42,92,947 equity shares of Rs. 5 each

Resolution 1 - Adoption of Financial Statements:

Resolution 2 - Re-appointment of Mr. Nikhil Mahajan:

Resolution 3 - Re-appointment of Mr. Imran Jafar:

Resolution 4 - Ratification of Cost Auditor Remuneration:

Resolution 5 - Non-Executive Director Remuneration:

Category-wise Voting Breakdown (All Resolutions):

Promoter and Promoter Group: 28,022,400 votes cast (99.7995% of their holding), all in favor
Public Institutions: 4,230,068 votes cast (100% of their holding), all in favor
Public Non-Institutions: 3,451,593 votes cast (15.7003% of their holding), with 99.6874-99.7023% in favor across resolutions

Mr. Devesh Kumar Vasisht was appointed scrutinizer on August 04, 2026. His key findings:

The e-voting process was scrutinized in a fair and transparent manner
Data was reconciled with records maintained by KFin Technologies Limited (RTA)
No shareholder used both remote e-voting and e-voting at AGM
The e-voting platform was disabled after the voting period ended
Votes were unblocked in the presence of two independent witnesses (Mr. Mukesh Sharma and Mr. Parveen Kumar)
Detailed registers were maintained containing voting results

The company confirmed compliance with:

Companies Act, 2013 and Rules made thereunder
SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
MCA Circulars Nos. 14/2020, 17/2020, 20/2020, 02/2021, 21/2021, 10/2022, 09/2023, 09/2024 and 03/2025
SEBI Circulars dated May 12, 2020, January 15, 2021, May 13, 2022, January 05, 2023, October 07, 2023 and October 03, 2024
Secretarial Standard-2 on General Meetings
Newspaper advertisements were published in Financial Express (English) and Dainik Bhaskar (Hindi) on September 7, 2026

The Annual Report 2025-26 was sent to all shareholders via email or physical letter with website access details
Various registers (Directors and KMP shareholding, Contracts and Arrangements, ESOP Scheme certificate) were kept open for e-inspection during the AGM
The scrutinizer's report and voting results will be uploaded on the company website (www.cleducate.com) and KFin website (https://evoting.kfintech.com/) within 2 working days