CL Educate Limited shareholders have approved the shifting of the company's registered office from the National Capital Territory of Delhi to the State of Maharashtra. The special resolution, which also includes a consequential amendment to Clause II of the Memorandum of Association, was passed with 99.95% of votes in favour. The decision was finalized through a remote e-voting process that concluded on July 16, 2026.

The postal ballot notice was issued on June 12, 2026, seeking member approval for the relocation. The voting process was conducted via the e-voting platform provided by KFin Technologies Limited, commencing on June 17, 2026, and ending on July 16, 2026. Devesh Kumar Vasisht, Managing Partner of DPV & Associates LLP, served as the scrutinizer for the process.

A total of 3,31,02,957 votes were polled, representing 61.05% of the company's outstanding shares. The resolution received strong support across all shareholder categories. Promoters and the promoter group cast 2,80,27,984 votes in favour, while public institutions contributed 42,30,068 votes. Public non-institutions recorded 8,28,850 votes in favour and 16,055 votes against.

The detailed voting results indicate that 129 shareholders participated in the e-voting process. Of these, 97 shareholders voted in favour of the resolution, while 33 voted against. One shareholder holding three shares voted partly in favour and partly against the resolution. Additionally, two folios holding 126 equity shares abstained from voting.

The fully paid-up share capital of the company as on the cut-off date of June 12, 2026, stood at ₹27,11,19,790, divided into 5,42,23,958 equity shares of ₹5 each. The scrutinizer's report confirms that the resolution has been approved with the requisite majority.

Voting Results Summary

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.