Ascensive Educare has published a newspaper advertisement confirming the dispatch of notices for its 14th Annual General Meeting. The meeting is scheduled for September 25, 2026, at the corporate office in Salt Lake City, Kolkata.

The advertisement was filed with the Bombay Stock Exchange on September 4, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Notices were published in "The Echo of India" (English) and "Arthik Lipi" (Bengali) editions. The annual report for FY26, signed by CEO Abhijit Chatterjee on September 3, 2026, is ready for adoption.

Strategic Expansion Proposal

Shareholders will vote on a special resolution to alter Clause III(A) of the Memorandum of Association. This amendment allows the company to diversify beyond education into human resource services. The Board approved this shift on September 2, 2026.

The proposed business activities include:

• Recruitment and deployment of personnel
• Payroll administration and salary management
• Statutory compliance and employee benefits
• Operational support for e-commerce businesses

AGM Schedule and Voting Details

The 14th AGM begins at 11:00 am. Shareholders on record as of September 18, 2026, are eligible to vote. Remote e-voting is facilitated by National Securities Depository Limited (NSDL).

M/s. Himanshu S K Gupta and Associates serves as the scrutinizer. Voting via poll paper is also available at the venue. Members who vote remotely may attend physically but cannot vote again.

Director Reappointment and Approvals

Mrs. Sayani Chatterjee (DIN: 06439804) retires by rotation and offers herself for reappointment. She brings over 19 years of experience in public relations, project management, education, and training. Her remuneration is capped at ₹35,00,000 per annum. She holds no shares in the company as of September 2, 2026.

The Board also approved the Notice of the 14th AGM, the 14th Annual Report, and the Management Discussion and Analysis Report for FY26. The Board meeting concluded at 5:50 pm on September 2, 2026.

ascensive educare announced its audited standalone financial results for the year ended March 31, 2026, on May 22, 2026. The Board of Directors approved the results following a review by the Audit Committee. The company reported a strong financial performance with significant growth in both revenue and profitability for the fiscal year.

Financial Performance Overview

For the full year ended March 31, 2026, the company's net profit rose by 30.8% to ₹341.24 lakh, up from ₹260.91 lakh in the previous year. This growth was driven by a substantial increase in revenue from operations, which surged 66% to ₹5,869.21 lakh compared to ₹3,534.51 lakh in FY25. Total revenue for the year stood at ₹5,905.61 lakh.

The company's profit before tax for the year increased to ₹466.82 lakh from ₹340.29 lakh in the prior year. Earnings per share (EPS) for the year improved to ₹0.74 from ₹0.60 in the previous year. The half-year performance also showed resilience, with a net profit of ₹115.52 lakh on revenue of ₹3,146.59 lakh for the period ended March 31, 2026.

Operational Metrics and Expenses

Total expenses for the year increased to ₹5,424.25 lakh from ₹3,247.59 lakh in the previous year, primarily due to higher operational costs associated with the expanded business activities. Employee benefits expense for the year stood at ₹437.45 lakh, while finance costs rose to ₹139.83 lakh. Other expenses accounted for the largest portion of the total expenses at ₹4,828.56 lakh.

The company recorded exceptional items amounting to ₹14.54 lakh during the year, related to the estimated incremental impact on retiral benefits due to the new Labour Codes notified by the Government of India. Despite this, the company maintained a healthy profit margin, reflecting efficient cost management alongside revenue growth.

Balance Sheet and Cash Flows

As of March 31, 2026, the company's total assets stood at ₹3,562.90 lakh, an increase from ₹3,000.31 lakh in the previous year. Shareholders' equity improved to ₹1,898.86 lakh, driven by an increase in reserves and surplus to ₹1,440.35 lakh. Cash and bank balances saw a significant jump, reaching ₹715.38 lakh compared to ₹67.42 lakh in the prior year.

The cash flow statement for the year revealed a net cash flow from operating activities of ₹741.86 lakh, a turnaround from the negative cash flow of ₹263.75 lakh in the previous year. This strong operating cash flow contributed to a net increase in cash and cash equivalents of ₹568.68 lakh during the year. The company closed the year with cash and cash equivalents totaling ₹609.74 lakh.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE0E4I01027/b7c6dfc2-d58c-4cb0-810c-37861081ce76.pdf