CL Educate Limited has informed the Exchange regarding Change in Auditors of the company.
CLEDUCATE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
CL Educate's board, at its May 14, 2025 meeting, approved the re-appointment of Walker Chandiok & Co. LLP as Statutory Auditors for a second 5-year term (FY2025-26 to FY2029-30), subject to shareholder approval. The board also appointed new Secretarial Auditors (Sharma and Trivedi LLP for 5 years), Internal Auditors (Value Square Advisors for FY2025-26), and Cost Auditors (Sunny Chhabra & Co. for FY2025-26). The board approved the audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, with auditors issuing an unmodified (clean) opinion. The FY saw a net loss driven by an extraordinary loss of Rs. 910.29 lacs from discontinuing Engineering/Medical/CA/Bank-SSC product lines and Rs. 419.27 lacs in DEXIT Global acquisition-related expenses. The company completed its 100% acquisition of DEXIT Global (formerly NSEIT) in February 2025 for an initial Rs. 23,180 lacs.
This is largely a routine governance filing with auditor continuity (re-appointment rather than change), so no negative governance signal. The clean audit opinion is positive, but underlying financials show a loss-making year with significant restructuring. Shareholders should focus on the DEXIT acquisition integration and the strategic exit from certain product lines, which may shape future revenue mix.