MT Educare Limited — Important, 05-07-2025: Updates
05-07-2025 | 08:45 pm
05-07-2025 | 08:45 pm
MT Educare Limited has announced a board meeting to approve the financial results for the quarter and half-year. The company reports no defaults on its total outstanding loans of ₹32.33 Cr despite past delays linked to COVID-19 disruptions. Corporate guarantees amounting to ₹7.3 Cr and ₹16.69 Cr have been invoked for two subsidiaries. The company remains under Corporate Insolvency Resolution Process with a new Resolution Professional appointed recently. No fresh developments on disputed claims from Shamrao Vithal Co-op Bank Ltd have been reported.
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