MT Educare Limited — Important, 12-04-2025: General Updates

MT Educare Limited has received a notice from SVC Co-operative Bank regarding the sale of secured assets owned by its subsidiary, Labh Ventures India Private Limited. The assets are located in BangraKullor village, Mangalore, and the sale will be conducted through an E-Auction on 8th May, 2025. This development is part of the ongoing Corporate Insolvency Resolution Process initiated against MT Educare, which has been in effect since December 16, 2022. The company plans to provide further updates on this matter. Investors should watch closely, as this situation could impact the company's strategic direction and financial standing.