EDUCOMP SOLUTIONS LTD. - 532696 - Reg. 34 (1) Annual Report
Annual Report of the Company for the financial year ended March 31, 2017 along with the Notice of the AGM of the Company19-03-2020
19-03-2020
EDUCOMP SOLUTIONS LTD. - 532696 - AGM Notice, Annual Report And Intimation Of Book Closure & Cut-Off Date For E-Voting Of Educomp Solutions Limited ("Company") At Its 23Rd AGM Scheduled To Be Held On Friday, April 17, 2020 At 11.30 A.M. At India Islamic Cultural Centre, 87-88, Lodhi Road, New Delhi - 110 003.
Pursuant to Regulation 34(1) of SEBI LODR, 2015 please find enclosed Annual Report of the Company for the financial year ended March 31, 2017 along with the Notice of the AGM. The Annual Report and AGM Notice are also being uploaded on the website of the Company http://www.educomp.com/content/investors-home. Further, remote e-voting period shall commence on Tuesday, April 14, 2020 (9.00 a.m. IST) and ends on Thursday, April 16, 2020 (5.00 p.m. IST). The remote e-voting module shall be disabled by Link Intime India Private Limited thereafter. The cut-off date for determining the eligibility of shareholders to exercise remote e-voting rights and attendance at AGM is Friday, April 10, 2020. Further, the Register of Members and Share Transfer Books of the Company will be closed from April 11, 2020 to April 17, 2020 (both days inclusive) for the purpose of Annual General Meeting of the Company.19-03-2020
EDUCOMP SOLUTIONS LTD. - 532696 - Reply To Clarification Sought From Educomp Solutions Ltd
This is with reference to mail dated February 12, 2020 received from Exchange related to news appeared in "The Hindu Business Line" captioned "CBI books Educomp, officials in Rs. 1,955 Crore bank fraud case". In this regard, please find attached Educomp Solutions Ltd. / Resolution Professional''s response on the same.18-02-2020
Educomp Solutions Ltd - 532696 - Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)
Appeal under Section 61 of Insolvency and Bankruptcy Code, 2016 against the NCLT Order dated January 02, 2020 (allowing withdrawal of Resolution Plan) filed with Hon''ble NCLAT by the CoC of Educomp Solutions Limited. The said Appeal was listed before the Hon ble NCLAT on 03rd February, 2020 wherein, the Hon ble Appellate Tribunal had stayed the operation of the Impugned Order dated 02 January 2020 (allowing withdrawal of Resolution Plan) and further listed the matter for hearing on 17th February 2020. Hence, the withdrawal of Resolution Plan sought by Ebix had been currently stayed by NCLAT.18-02-2020
EDUCOMP SOLUTIONS LTD. - 532696 - Educomp Solutions Ltd reply to clarification sought by the exchange
The Exchange had sought clarification from Educomp Solutions Ltd with reference to the media report, "CBI books Educomp Solutions directors for 1,955 cr bank fraud".Educomp Solutions Ltd / Resolution Professional has submitted the response as follows:- This is with reference to your mail dated February 12, 2020, related to news appeared in the "The Hindu BusinessLine" captioned "CBI books Educomp, officials in Rs. 1,955 Crore bank fraud case". As regards allegation in the Media Report w.r.t. "CBI books Educomp, officials Rs. 1,955-crore bank fraud case", we would like to clarify that CBI has conducted a search at the premises of office of Educomp Solutions Limited at Educomp Towers, 514, Udyog Vihar, Phase-III, Gurgaon and other locations of the Corporate Debtor and its directors on February 11, 2020. No further communication has been received by the undersigned subsequent to the Search proceedings. As regards the allegations in the Media Report "The borrowing company and its directors, guarantors and unknown others conspired and committed the act of forgery, including valuable securities, used forged documents as genuine, diverted and siphoned off the banks' funds and cheated the lending banks to the tune of Rs. 1955.36 crore, please note that the above-stated observations do not pertain to the undersigned being RP and hence the undersigned being RP has no comments on the same. You are kindly requested to take the above submission on record and oblige.Mahender Kumar KhandelwalResolution Professional in the matter of Educomp Solutions Limited17-02-2020
EDUCOMP SOLUTIONS LTD. - 532696 - Clarification sought from Educomp Solutions Ltd
The Exchange has sought clarification from Educomp Solutions Ltd with respect to news article appearing on www.thehindubusinessline.com February 11, 2020 titled "CBI books Educomp Solutions directors for 1,955 cr bank fraud".The reply is awaited.12-02-2020
CBI books Educomp Solutions, its directors for defrauding banks of Rs 1,955 crore
The banks have alleged that Educomp Solutions (ESL), incorporated in 1994, was in the business of creating digital educational content for schools and vocational courses under the brand names "Smartclass" and "Edureach" respectively11-02-2020
EDUCOMP SOLUTIONS LTD. - 532696 - Shareholding for the Period Ended December 31, 2019
Educomp Solutions Ltd has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2019. For more details, kindly Click here21-01-2020
Educomp Solutions Ltd - 532696 - Announcement Under Regulation 30 Of SEBI(LODR), 2015 : Update On The Result Of The Voting Through Electronic Means In Terms Of Regulation 26(4) Of The Insolvency And Bankruptcy Board Of India (Insolvency Resolution Process For Corporate Persons) Regulations, 2016
This is to inform you that 15th meeting of the Committee of Creditors ('CoC') of EDUCOMP SOLUTIONS LIMITED (under Corporate Insolvency Resolution Process) was held on Friday, 10th day of January 2020 at 03:00 p.m. at The Royal Plaza, 19, Ashoka Rd, Janpath, Connaught Place, New Delhi, Delhi 110001 In this regard, please find enclosed the following outcome of E-Voting: 1. The Resolution Professional had sought the approval of the members of the CoC for invocation /forfeiture of earnest money deposit of Rs. 2,00,00,000/- (Rupees Two Crores only) ('EMD') furnished by Ebix Singapore Pte Ltd. ('Resolution Applicant') at the time of submission of its Resolution Plan in the form of Demand Draft as per Clause 1.9.1 of RFRP and authorize the resolution professional to take such steps and do all acts, deeds and things that may be necessary, proper, expedient or incidental for the purpose of giving effect to this resolution. Result: The same was approved by the members with requisite majority.16-01-2020
EDUCOMP SOLUTIONS LTD. - 532696 - Announcement Under Regulation 30 Of SEBI(LODR), 2015 : Update On The Result Of The Voting Through Electronic Means In Terms Of Regulation 26(4) Of The Insolvency And Bankruptcy Board Of India (Insolvency Resolution Process For Corporate Persons) Regulations, 2016
This is to inform you that 15th meeting of the Committee of Creditors ('CoC') of EDUCOMP SOLUTIONS LIMITED (under Corporate Insolvency Resolution Process) was held on Friday, 10th day of January 2020 at 03:00 p.m. at The Royal Plaza, 19, Ashoka Rd, Janpath, Connaught Place, New Delhi, Delhi 110001 In this regard, please find enclosed the following outcome of E-Voting: 1. The Resolution Professional had sought the approval of the members of the CoC for invocation /forfeiture of earnest money deposit of Rs. 2,00,00,000/- (Rupees Two Crores only) ('EMD') furnished by Ebix Singapore Pte Ltd. ('Resolution Applicant') at the time of submission of its Resolution Plan in the form of Demand Draft as per Clause 1.9.1 of RFRP and authorize the resolution professional to take such steps and do all acts, deeds and things that may be necessary, proper, expedient or incidental for the purpose of giving effect to this resolution. Result: The same was approved by the members with requisite majority.16-01-2020