MT Educare Limited — Others, 13-08-2025: Change in Management

MT Educare's Resolution Professional chaired a board meeting, taking on record the financial results for the latest quarter. The company, currently under corporate insolvency, reported a standalone net loss of 1.50 Cr (Revenue 3.79 Cr) and a consolidated net loss of 13.68 Cr (Revenue 6.91 Cr). The auditors issued a disclaimer of conclusion due to significant uncertainties, including ongoing concern issues, unverified claims, and unrecorded interest expenses. Key corporate actions include proposals for re-appointing a director, statutory, secretarial, cost, and internal auditors, pending shareholder approval at the upcoming Annual General Meeting.