MT Educare Limited — Important, 15-04-2025: Updates

The company has provided a compliance certificate regarding its Structured Digital Database (SDD) in adherence to the Prohibition of Insider Trading Regulations. Key points include the establishment of a secure database with access controls, successfully capturing all Unpublished Price Sensitive Information (UPSI) disseminated during the previous quarter. The system also maintains detailed timestamps and has a robust audit trail, ensuring records are kept for eight years. Notably, the company confirmed the successful capture of the two required events within the quarter without any noted noncompliance issues from the prior period.

Additionally, the company remains under the Corporate Insolvency Resolution Process (CIRP), initiated in December 2022, with a new Resolution Professional appointed in January 2024. This ongoing process poses risks and uncertainties for the company, and stakeholders should watch closely for developments that may impact future operations and recovery strategies.