CL Educate Limited has dispatched a postal ballot notice seeking shareholder approval to shift its registered office from the National Capital Territory of Delhi to the State of Maharashtra. The company states the proposed relocation is intended to facilitate greater operational efficiency, improved regulatory coordination, and administrative convenience by aligning the registered jurisdiction with its strategic growth plans. The notice was dispatched via email on June 15, 2026, to members whose names appeared in the register of members or records of depositories as of the cut-off date, June 12, 2026.

The resolution requires a Special Resolution and subsequent approval from the Central Government, with power delegated to the Regional Director. The company has engaged KFin Technologies Limited to provide the e-voting facility. The voting rights of members are reckoned with respect to equity shares held as of the cut-off date, June 12, 2026.

Remote E-Voting Schedule

The remote e-voting period is scheduled to commence on June 17, 2026, at 9:00 AM IST and conclude on July 16, 2026, at 5:00 PM IST. Shareholders whose names appeared in the register of members or records of depositories as of the cut-off date are eligible to participate.

Scrutinizer Appointment

The Board has appointed Mr. Devesh Kumar Vasishth or, in his absence, Mr. Parveen Kumar, partners at M/s. DPV & Associates LLP, as the Scrutinizer to ensure the postal ballot process is conducted fairly and transparently. The Scrutinizer will submit a report to the Chairman upon the conclusion of voting, and the results will be announced on or before July 20, 2026.

The resolution, if passed by the requisite majority, will be deemed to have been passed on the last date specified for e-voting, July 16, 2026. The results will be submitted to the National Stock Exchange of India Limited and BSE Limited and uploaded to the company’s website.

Promoters of CL Educate Limited have disclosed existing share encumbrances for the financial year ended March 31, 2026, under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The declaration confirms that no new encumbrances were created by the promoters, promoter group members, or persons acting in concert during FY26 beyond those previously reported. The disclosures detail non-disposal undertakings executed by two key promoters in February 2025.

Details of Encumbrance

The filing, submitted by promoter Gautam Puri on April 07, 2026, outlines specific pledges against the company's shares. The encumbrances take the form of non-disposal undertakings, restricting the promoters from selling the specified shares. These undertakings were executed in February 2025, prior to the financial year under review, and were disclosed to the stock exchanges as part of the regulatory compliance for FY26.

Breakdown of Shares Encumbered

The following table provides the specifics of the shares encumbered by the promoters:

The total encumbered shares amount to 1,40,65,562, representing approximately 25.94% of the company's total paid-up share capital. Both promoters executed the non-disposal undertakings on consecutive dates in February 2025. The disclosure was addressed to the Department of Corporate Services at BSE Limited and the Listing Department at National Stock Exchange of India Limited.