Company Overview
Financial Performance FY 2025-26
Standalone Financials:
- Revenue from operations: ₹23.49 crore (FY25: ₹26.32 crore)
- Other income: ₹4.09 crore (FY25: ₹3.49 crore)
- Profit Before Tax: ₹7.20 crore (FY25: ₹9.22 crore)
- Profit After Tax: ₹5.53 crore (FY25: ₹6.63 crore)
- EPS: ₹0.34 (FY25: ₹0.41)
- Total Assets: ₹75.83 crore (FY25: ₹70.18 crore)
- Loan receivables: ₹41.02 crore (FY25: ₹37.43 crore)
- Investment property fair value: ₹17.27 crore (FY25: ₹16.39 crore)
Consolidated Financials:
- Total income: ₹59.43 crore (FY25: ₹63.18 crore)
- Profit After Tax: ₹5.89 crore (FY25: ₹7.06 crore)
- EPS: ₹0.37 (FY25: ₹0.44)
Key Operational Highlights
- Operates 350+ preschool centers across 74+ cities in India
- Portfolio includes Shanti Juniors, Little Marvels, UniformVerse, WSRO, Keystone Global, and Catalyzer brands
- Keystone Global represents 500+ universities across 10 countries
- WSRO has trained 25,000+ students since 2018 with focus on underprivileged communities
- Total employees: 102 as of March 31, 2026
Composite Scheme of Arrangement with GREW Energy
Board Approval Date: March 2, 2026
Transaction Structure:
- Transfer of identified education undertaking to wholly-owned subsidiary Shanti Learning Initiatives Private Limited via slump sale with Appointed Date of January 31, 2026
- Amalgamation of SEIL with GREW Energy Private Limited (fellow Chiripal Group company) with Appointed Date of April 1, 2026
- Share exchange ratio: 100 GREW shares for every 212 SEIL shares held
- GREW Energy operates 6.5 GW solar PV module manufacturing plant in Dudu, Rajasthan and is setting up 8.0 GW solar power cells in Narmadapuram, MP
Valuation: Determined by two independent registered valuers (M/s Finvox Analytics and A N Gawade)
Advisors: Ernst & Young and P. Murali Consultants
Status: Subject to shareholder, creditor, stock exchange, NCLT, and other regulatory approvals
Ownership Changes
Significant Shareholding Changes FY26:
- Ronak B Agarwal: Reduced from 6.21% to 3.68%
- Chiripal Exim LLP: Reduced from 7.66% to 3.70%
- Vedprakash Devkinandan Chiripal: Maintained 5.28%
Annual General Meeting Details
Date: September 25, 2026 at 3:00 PM IST
Mode: Video Conferencing/Other Audio-Visual Means
Venue: Registered Office at Plot No. 047, M3M 113 Market, Sector-113, Gurugram-122017
Agenda Items:
1. Adoption of audited standalone and consolidated financial statements for FY 2025-26
2. Reappointment of Mrs. Komal Bajaj as director retiring by rotation
3. Approval of material related party transactions
4. Approval of transactions with Chiripal Charitable Trust
Corporate Actions & Changes
- No dividend declared for FY 2025-26
- Registered office changed from Ahmedabad to Gurugram effective July 23, 2026
- Company Secretary change: Ms. Pooja Khakhi resigned effective August 11, 2026; Ms. Shruti Manoj Bapaye appointed effective August 12, 2026
- CSR Expenditure: ₹11.24 lakhs for FY26 (first year of applicability)
Related Party Transactions
Material RPTs requiring shareholder approval:
- Vijay Subham Contrade Private Limited: Up to ₹15 crore in loans/advances/guarantees
- Kautilya Traders Private Limited: Up to ₹15 crore in loans/advances/guarantees
- Chiripal Charitable Trust: Up to ₹10 crore in sales/loans/advances/guarantees
Capital Structure
- Authorized share capital: ₹30.00 crore
- Paid-up equity share capital: ₹16.10 crore as of March 31, 2026
- Entire share capital held in dematerialized form
Audit & Compliance
Statutory Auditors: M/s. Nahta Jain & Associates issued unmodified audit opinion
Key Audit Matters: Not identified for communication
Contingent Liabilities: Show Cause Notice relating to Service Tax: ₹116.45 lakhs
Compliance Status: No sexual harassment complaints; no material orders affecting going concern status
The Composite Scheme of Arrangement represents a significant subsequent event that may substantially impact the company's future financial statements and corporate structure, pending necessary regulatory approvals.