Updates
Please find enclosed press release dated 12th June, 201712-06-2017
Updates
Mumbai, May 22, 2017: MT Educare Limited (MTEL), a leading Technology based education service provider in India, announced that it, alongwith its subsidiary Lakshya Educare Private Limited, has been sanctioned a long term debt facility from Xander Finance Private Limited (Xander) of Rs. 110 crores. The initial disbursement proceeds from Xander of Rs. 80 crores were utilized largely to repay short term debt raised by the company from various lenders...22-05-2017
Updates
Sub: Investor Presentation May 2017 MT Educare Limited reported Consolidated Revenues of Rs. 301.07 Crores for FY 16-17 as compared to Rs. 287.08 Crores in the corresponding period last year, a growth of 5%. Please find enclosed herewith the Investor Presentation as of May 2017. This is for the information of your members and the public at large.16-05-2017
Outcome of Board Meeting
This is with reference to our letter bearing number MTEL/DD/2017/038 dated 11th May, 2017 submitted for the outcome of Board Meeting of the Company held on 11th May, 2017, we hereby submit the revised Standalone and Consolidated Audited Financial Results of the Company for the quarter and year ended 31st March, 2017 for following reasons: 1.Revision in the Consolidated Audited Financial Results of the Company for the quarter and year ended 31st...12-05-2017
Outcome of Board Meeting
Pursuant to the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we wish to inform you that the Board of Directors of the Company at their meeting held today i.e. Thursday, 11th May, 2017, inter alia considered the following matters: 1.Approved the Standalone & Consolidated Audited Financial Results of the Company for the quarter and year ended 31st March, 2017. In terms of the provisions...11-05-2017
Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mahesh R Shetty11-05-2017
MT Educare Ltd reply to clarification sought by the exchange
The Exchange had sought clarification from MT Educare Ltd with respect to news appearing in livemint.com on May 3, 2017 titled "MT Educare raises Rs110 crore debt from Xander Finance."MT Educare Ltd response is enclosed.04-05-2017
Clarification sought from MT Educare Ltd
The Exchange has sought clarification from MT Educare Ltd with respect to news article appearing on livemint.com on May 3, 2017 titled "MT Educare raises Rs110 crore debt from Xander Finance."The reply is awaited.03-05-2017
MT Educare raises Rs110 crore debt from Xander Finance
MT Educare, known as Mahesh Tutorials, will use the funds to refinance existing loans and fund expansion02-05-2017