CL Educate Limited approves Scheme of Amalgamation with DEXIT Global Limited
CL Educate · Other Consumer Services
Key highlights
- The Board approved the Scheme on October 19, 2026, to merge wholly owned subsidiary DEXIT into CL Educate.
- DEXIT's standalone turnover for FY 2025-26 was ₹223.47 crore; CL Educate's standalone turnover was ₹275.28 crore and consolidated ₹548.12 crore.
- No shares or cash consideration involved; no change in shareholding pattern; approval subject to NCLT and regulatory authorities.
Why it's rated notable: The filing states no value or cash consideration for the amalgamation of a wholly owned subsidiary, which is an internal restructuring with no amount to size it, and the Scheme remains subject to NCLT and regulatory approval, so it is non-binding and kept at medium.
Original filing
Announcement under Regulation 30 (LODR)-Scheme of Arrangement
Read the filing on BSE (PDF) →Companies guiding to strong growth
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.