Navneet Education receives show cause notice from Legal Metrology

Navneet Education received a show cause notice from the Office of Senior Inspector, Legal Metrology (Weights and Measures), Agra, on July 20, 2026, regarding alleged violations of packaging regulations. The company disclosed that the notice cites prima facie violations of Section 18(1) and 51 of the Legal Metrology Act read with Rule 7 of the Legal Metrology (Packaged Commodities) Rules, 2011. Despite the regulatory action, Navneet Education stated that no major financial implication is expected from this development.

The disclosure was made to the exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice was received via email at 5:05 p.m. on July 20, 2026.

Details of the Notice

The following table outlines the key particulars of the regulatory communication:

Sr. No.	Particulars	Details
1	Name of the authority	Office of Senior Inspector, Legal Metrology (Weights and Measures), M. G Road, Agra-282002, Uttar Pradesh
2	Nature and details of the action(s) taken, initiated or order(s) passed	Show Cause Notice for prima facie violation of Section 18(1) and 51(read with)of the Legal Metrology Act read with Rule 7 of the Legal Metrology (Packaged Commodities (Rules),2011
3	Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority	20 July, 2026
4	Details of the violation(s)/ contravention(s) committed or alleged to be committed	Refer detail mentioned in serial number 2 above
5	Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible	No major financial implication is expected by the Company.

The filing was signed by Amit Dushyant Buch, Company Secretary of Navneet Education Limited.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.50%	-3.04%	+2.78%	+3.59%	-1.88%	+49.22%

Navneet Education Limited’s subsidiary, Navneet Learning LLP, has entered into an agreement to divest its partial stake in K12 Techno Services Private Limited for an expected consideration of ₹329.68 crore. The agreement was executed on July 17, 2026, with Kenro Capital Education Affiliates II Pte Ltd and Kenro Capital Fund I. The transaction is anticipated to be completed around four weeks from the date of the agreement, subject to the satisfaction of customary conditions.

The buyers are affiliated with Kenro Capital, a specialist secondaries investment firm with an AUM of over USD 100m. Kenro Capital focuses on investments in growth-stage companies across India and Southeast Asia, spanning consumer, financial services, healthcare, and technology sectors. The entities purchasing the stake do not belong to the promoter or promoter group of Navneet Education Limited, and the transaction is not classified as a related party transaction.

Financial Details of Navneet Learning LLP

The disclosure provided details regarding the financial standing of the divesting subsidiary for the period ended March 31, 2026. The subsidiary reported nil turnover during this period.

Metric	Value
Net worth (as on March 31, 2026)	₹79.49 crore
Percentage of consolidated net worth	3.89%

The net worth of Navneet Learning LLP represents 3.89% of the consolidated net worth of Navneet Education Limited as per its last audited consolidated financial results as on March 31, 2026. The transaction falls outside the scope of a Scheme of Arrangement, and the disclosures regarding slump sale are not applicable to this deal.