CL Educate Limited has informed the Exchange regarding Appointment of Mr Abhay Jere as Other of the company w.e.f. March 20, 2026.
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CL Educate Limited has informed the exchanges that its material unlisted subsidiary, DEXIT Global Limited (formerly NSEIT Limited), has approved the appointment of Dr. Abhay Jere as Additional Director (Non-Independent, Executive Director) designated as Managing Director and CEO (a Key Managerial Personnel). The appointment is effective March 20, 2026, for a five-year term, subject to shareholder approval. Dr. Jere brings over 24 years of experience spanning industry, government, and research, including prior roles as Vice Chairman of AICTE, Chief Innovation Officer at India's Ministry of Education, and VP & Head of R&D at Persistent Systems. He holds a Ph.D. in Health Sciences and has expertise in AI-enabled platforms, SaaS, and digital transformation. He is not related to any existing directors of the company.
This is a leadership strengthening move at CL Educate's key subsidiary DEXIT Global, bringing in a senior external professional with strong government and tech credentials. For shareholders, this signals renewed strategic focus on technology and innovation at the subsidiary level, which could be positive for long-term value creation, though the appointment remains subject to shareholder approval.