CL Educate Limited has completed its quarterly regulatory compliance by submitting mandatory certificates to stock exchanges for the quarter ended March 31, 2026. The submission was made in accordance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018.

Regulatory Submission Details

The certificates were formally submitted to both major Indian stock exchanges on April 07, 2026. Company Secretary and Compliance Officer Rachna Sharma signed and submitted the documents to BSE Limited and National Stock Exchange of India Limited on behalf of CL Educate Limited.

Registrar Confirmation

KFin Technologies Limited, acting as the Registrar to an Issue and Share Transfer Agent for CL Educate Limited, provided confirmation certificates dated April 01, 2026. The registrar certified that all required details of securities dematerialized and rematerialized during the quarter have been properly furnished to stock exchanges.

Bhaskar Roy, Deputy Vice President at KFin Technologies Limited, signed the confirmation certificates addressed to both National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL).

Compliance Framework

The submission ensures CL Educate Limited remains compliant with SEBI's depositories and participants regulations. These quarterly certificates are mandatory for listed companies to maintain transparency regarding securities transactions and depository operations.

Corporate Information

CL Educate Limited maintains its registered office at A-45, First Floor, Mohan Co-operative Industrial Area, New Delhi 110044. The company continues to fulfill its regulatory obligations through proper documentation and timely submissions to relevant authorities and stock exchanges where its shares are traded.

CL Educate Limited has received a significant Income Tax demand of Rs 4.85 crores from tax authorities for alleged Tax Deducted at Source (TDS) defaults during Financial Year 2019-20. The company disclosed this development through a regulatory filing under SEBI's disclosure requirements.

Income Tax Order Details

The Deputy Commissioner of Income Tax, Circle-75(1), Delhi issued the order dated March 30, 2026, under Section 201(1)/201(1A) of the Income Tax Act, 1961. The order pertains to Financial Year 2019-20 (Assessment Year 2020-21) and raises concerns about alleged TDS compliance issues.

Alleged Violations

The tax authorities have identified three main areas of alleged TDS defaults:

• Provision-related TDS: Default in deduction of TDS on provisions for expenses created as of March 31, 2020, where actual bills were received and TDS was deducted/deposited in the subsequent FY 2020-21
• Salary payments: Issues related to TDS deduction on salary payments to certain employees under Section 192 of the Income Tax Act, 1961
• Incorrect TDS sections: Alleged short deduction of TDS on certain payments where the company applied Section 194J instead of Section 192

Company's Response and Impact

CL Educate has expressed confidence in its position, stating it believes there is a strong case on merits. The company plans to file an appeal before the appropriate appellate authority to contest the order.

The matter will be disclosed as a contingent liability in the company's financial statements for the relevant period. Despite the substantial demand amount, CL Educate does not anticipate any material adverse impact on its business operations as a result of this order.