About MT Educare Limited

MT Educare Limited is an Indian education company that provides education support and coaching services to students in secondary and higher secondary school, those pursuing graduation, and candidates preparing for various competitive examinations. The Company’s equity shares are listed on the National Stock Exchange of India Limited and BSE Limited. MT Educare reaches learners across multiple cities and delivers programmes through a tech-enabled framework that integrates digital content delivery, 24/7 online support, and technology-led operations.

Its portfolio spans classroom and digital offerings: Robomate+, a curriculum-based study app designed to simplify learning via conceptual videos, adaptive learning and collaborative methods; Mahesh Tutorials – School Section, coaching standards 9th and 10th (State Board, CBSE and ICSE); Mahesh Tutorials – Commerce, coaching standards 11th and 12th and providing training for CA CPT, Inter and Final; and Mahesh Tutorials – Science and Lakshya, providing integrated coaching for standards 11th and 12th along with Engineering and Medical entrance preparation.

As on March 31, 2025, the Company had seven subsidiaries. It had two material subsidiaries as defined under regulation 16 of SEBI (LODR) Regulations, 2015 as on the same date. All revenues are reported from India in the audited financials, underscoring a domestic focus in operations and service delivery.

A key recent milestone in the Company’s journey is its ongoing Corporate Insolvency Resolution Process (CIRP). Following admission into CIRP on December 16, 2022, and subsequent legal proceedings, the process has progressed under the supervision of the Resolution Professional.

Key Milestones of MT Educare Limited

• Corporate Insolvency Resolution Process admitted on December 16, 2022.
• Appointment of Resolution Professional pursuant to court order dated January 22, 2024.
• Constitution of Committee of Creditors (CoC) and approval of Resolution Plan, pending final tribunal approval.
• Legal developments including dismissal of claims by NCLT Mumbai Bench.
• Higher income from content creation in a subsidiary during FY 2024–25.

MT Educare Limited Business Segments

All revenues are reported within India’s domestic market, spanning multiple cities with no foreign exchange earnings or outgo during the year. The Company positions itself as a national education player across digital and classroom offerings.

Provides education support and coaching across school and graduation levels, including preparation for competitive exams, through digital and traditional methods via its portfolio including Robomate+ and Mahesh Tutorials.

MT Educare Limited Key Management

• Arihant Nenawati – Resolution Professional (appointed January 22, 2024)
• Surender Singh – Non-Executive, Non-Independent Director and Chairman
• Vipin Choudhary – Non-Executive, Non-Independent Director
• Roshan Lal Kamboj – Independent Director
• Dattatraya Kelkar – Independent Director
• Nanette D’sa – Independent Director
• Karunn Kandoi – Independent Director
• Ravindra Mishra – Company Secretary

Latest Updates on MT Educare Limited

• CIRP supervised by the Resolution Professional and progressing through tribunal processes.
• Expressions of Interest attracted Resolution Applicants with selection approved by CoC.
• Legal clarity achieved on claims with pending appeals.
• Disaggregated revenue reporting confirms India-only operations and no foreign exchange activity.
• Revenue contribution from content creation increased in subsidiaries during FY 2024–25.