Arihant Academy increases ZEAL stake to 51%

Arihant Academy Limited has entered into a Supplementary Agreement with Zen Education and Learning (ZEAL) and its existing partners to modify the terms of the previous Master Agreement. This strategic move, effective April 1, 2026, significantly enhances the company's influence over the educational entity.

Increased Management Control

Under the terms of the Supplementary Agreement dated May 20, 2026, Arihant Academy has increased its profit sharing and voting rights in ZEAL. The stake has risen from 25.5% to 51%, marking a shift to majority control.

Revised Payment Structure

The balance consideration payable by the company will now be settled through a revised mechanism. Payments are structured as performance-linked annual tranches spread across FY 2026-27 to FY 2028-29. The valuation is directly tied to the financial performance of ZEAL.

Financial Parameter	Details
Effective Date	April 1, 2026
Voting Rights	51%
Profit Sharing	51%
Payment Period	FY 2026-27 to FY 2028-29

All other terms and conditions of the Master Agreement dated October 24, 2024, remain unchanged. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	0.0%	-4.26%	-7.22%	+63.64%	+278.47%

Arihant Academy Limited has been recognized with a prestigious award at The Economic Times Maharashtra Business Awards 2026, highlighting its excellence in the coaching and competitive preparation sector. The company received the "Excellence in Coaching & Competitive Preparations" recognition on April 28, 2026, acknowledging its significant contributions to the educational landscape.

Award Recognition and Significance

The award specifically recognizes Arihant Academy Limited's sustained contribution towards several key areas:

Recognition Areas:	Details
Academic Excellence:	Sustained contribution to educational quality
Coaching Methodologies:	Structured and effective teaching approaches
Student Success:	Demonstrated positive learning outcomes
Ecosystem Strengthening:	Role in enhancing coaching infrastructure across Maharashtra

Company's Educational Infrastructure

Arihant Academy operates as a premier educational institution with extensive reach across multiple states. The company's infrastructure demonstrates its commitment to accessible quality education:

Geographic Presence: 10 cities across Maharashtra, Gujarat, and Rajasthan
Coaching Centers: 40+ strategically located facilities
Student Base: Approximately 10,000 students served
Teaching Model: Hybrid approach combining traditional classroom instruction with digital learning

Academic Programs and Specializations

The institution offers comprehensive educational support across various academic levels and competitive examinations:

School Education Programs

Classes 8 to 10 across State Board, ICSE Board, and CBSE Board
Classes 11 and 12 for Science and Commerce streams

Competitive Exam Preparation

JEE (Main & Advanced)
NEET
MHT-CET
CA (Chartered Accountancy)
CS (Company Secretary)

Commitment to Educational Excellence

The award reflects the continued trust placed in Arihant Academy Limited by multiple stakeholders including students, parents, educators, and the broader educational community. This recognition reinforces the company's commitment to delivering quality education, innovation in academic delivery, and outcome-driven learning experiences.

The company positions itself as a "Masterpiece for all Educational Solutions," focusing on fostering academic excellence and holistic development through personalized coaching, cutting-edge resources, and a dedicated team of educators. By integrating traditional classroom instruction with advanced digital tools, Arihant Academy strives to unlock each student's potential and guide them towards achieving their academic and career aspirations.