MT Educare Limited — Board Meeting, 13-08-2025: Outcome of Board Meeting

MT Educare has announced a board meeting on August 13, 2025. The Resolution Professional recorded consolidated financial results for the quarter ended June 30, 2025, reporting a net loss of Rs 5.12 Cr. The company remains under Corporate Insolvency Resolution Process (CIRP). Auditors issued a "Disclaimer of Conclusion" on the financials, citing significant uncertainties like unresolved claims, asset valuations, and going concern issues, which pose substantial financial risks. Board also approved re-appointments, including Director Surender Singh and Statutory Auditors M/s MGB & Co. LLP, pending 19th AGM shareholder approval on September 24, 2025.