Global Education Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on July 25, 2025
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Global Education Limited held its 14th AGM on July 25, 2025 via video conferencing, with 42 members present and valid quorum. Shareholders approved the audited financial statements for FY25, along with confirmation of an interim dividend of Rs. 2.50 per share (on face value of Rs. 5) and a final dividend of Rs. 0.50 per share (on face value of Rs. 2). Mr. Gururaj Karajagi was re-appointed as a Non-Executive Director, M/s Patel Shah & Joshi were re-appointed as Statutory Auditors for a second 5-year term (FY26–FY30), and CS Riddhita Agrawal was appointed as Secretarial Auditor for 5 years. Management shared key FY25 numbers: total income of Rs. 7,143.58 lakhs, EBITDA of Rs. 3,719.30 lakhs, and net profit of Rs. 2,518.67 lakhs, down 17.27% from Rs. 3,044.63 lakhs in FY24. Adjusted diluted EPS fell to Rs. 4.95 from Rs. 5.98, and ROCE dropped to 33.19% from 49.02%, while dividend payout declined to Rs. 763.52 lakhs from Rs. 1,018.03 lakhs. Management highlighted plans to expand into new services and activities beyond core education offerings to drive future growth.
The AGM outcome is largely procedural and unlikely to move the stock sharply on its own. However, the 17% drop in net profit, lower EPS, and reduced ROCE may be a mild concern for shareholders, partly offset by the continued dividend and signals of business expansion. The re-appointments of directors and auditors suggest continuity in governance.