CL Educate Limited concluded its 30th Annual General Meeting (AGM) on September 29, 2026, with shareholders approving all five ordinary resolutions placed for consideration. The meeting, conducted via video conferencing, saw robust voting participation from both promoter and public categories.

The agenda included the adoption of audited financial statements for FY26, re-appointment of two directors, ratification of cost auditor remuneration, and approval of non-executive director remuneration caps. The statutory auditors, Walker Chandiok & Co. LLP, reported no qualifications or adverse remarks on the financial statements for the year ended March 31, 2026.

Voting results overview

The e-voting process, facilitated by KFin Technologies, recorded a total of 35,704,061 votes polled across all resolutions. This represented 65.76% of the company's outstanding share capital. The promoter group voted in favor of all resolutions with 100% assent, while institutional investors also supported all items unanimously.

Key appointments and approvals

Shareholders approved the re-appointment of Nikhil Mahajan as Executive Director and Group CEO-Enterprise Business, and Imran Jafar as Non-Executive Non-Independent Director. Both directors retire by rotation and were deemed eligible for re-appointment.

Additionally, the meeting ratified the remuneration payable to Sunny Chhabra and Co., the cost auditor, for FY27. A significant administrative approval was granted regarding the overall maximum remuneration payable to Non-Executive Directors for the three-year period from April 1, 2027, to March 31, 2030.

What the numbers show

A distinct pattern emerges in the dissenting votes across the five resolutions. While the adoption of financial statements (Resolution 1) attracted 10,274 dissenting votes, the subsequent four resolutions each drew exactly 10,787 dissenting votes. This uniformity suggests a consistent block of public shareholders, likely retail investors, who opposed the directorial appointments and remuneration matters but had slightly fewer objections to the financial statement adoption itself. The total votes polled remained constant at 35,704,061 for every resolution, indicating that no shareholders changed their voting status or abstained between items.

CL Educate Limited has provided the web-link and QR code to access the notice for its 30th Annual General Meeting and the Annual Report for FY26. The company issued this intimation on September 6, 2026, pursuant to Regulation 36(1)(b) of the SEBI Listing Regulations.

The disclosure ensures that shareholders who have not registered their email addresses with the company or depositories can access the documents. The Annual Report and AGM Notice are available on the company’s website at www.cleducate.com . Shareholders can also access these documents on the websites of BSE Limited and National Stock Exchange of India Limited.

Key Dates and Details

The 30th AGM is scheduled for Tuesday, September 29, 2026, at 11:00 am. The meeting will be conducted through Video Conferencing or Other Audio Visual Means.

The Register of Members and Share Transfer Books will remain closed from Tuesday, September 22, 2026, till Tuesday, September 29, 2026, both days inclusive. This closure is pursuant to Section 91 of the Companies Act, 2013, and Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Agenda Items

The AGM notice outlines several key resolutions for shareholder approval:

Ordinary Business:

• Adoption of Audited Standalone and Consolidated Financial Statements for the Financial Year ended March 31, 2026.
• Re-appointment of Mr. Nikhil Mahajan (DIN: 00033404), Executive Director and Group CEO- Enterprise Business, who retires by rotation.
• Re-appointment of Mr. Imran Jafar (DIN: 03485628), Non-Executive Non-Independent Director, who retires by rotation.

Special Business:

• Ratification of remuneration payable to M/s Sunny Chhabra and Co. (FRN: 101544) as Cost Auditor for FY27, capped at ₹1,40,000 plus applicable taxes and out-of-pocket expenses.
• Approval of overall maximum remuneration for Non-Executive Directors for the period April 1, 2027, to March 31, 2030. In case of adequate profits, collective remuneration may be up to 1% of Net Profits. In case of inadequate or no profits, limits prescribed under Schedule V of the Companies Act, 2013, will apply.

Director Profiles

Mr. Nikhil Mahajan holds a Bachelor's Degree in Electrical Engineering from IIT-BHU Varanasi and a Post Graduate Diploma in Management Administration from IIM-Bangalore. He has over 33 years of experience in the education sector. His fixed compensation for FY26 was USD 1,36,080, with maximum variable compensation approved at USD 1,27,800.

Mr. Imran Jafar holds a Post Graduate Diploma in Business Administration from IIM-Bangalore and a Master's degree in software engineering from BITS-Pilani. He has over 27 years of experience in private equity, pharmaceuticals, and technology services. He has voluntarily waived all payments due to him as a Non-Executive Non-Independent Director.

Rachna Sharma, Company Secretary and Compliance Officer, issued the intimation from New Delhi on September 6, 2026.