Please find the attached press release.
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Humming Bird Education Limited has signed a strategic MoU with the Automotive Skills Development Council (ASDC), a government-backed Sector Skill Council under the Skill India Mission, to roll out the National Automobile Olympiad (NAO) 2025. The Olympiad will be conducted free of cost for students of Classes 6 to 12 across India and Indian schools abroad, covering assessments, career sessions, and exposure to the automotive and mobility sector. While participation is free for students, Humming Bird will earn per-assessment remuneration from ASDC, creating a new revenue vertical. The company claims this is India's only listed pure-play Olympiad organisation and sees the partnership as strengthening its credibility, expanding reach into Tier I-III cities, and positioning it for future government skilling projects.
Positive for shareholders — opens a fresh, government-backed revenue stream through per-assessment fees and broadens the company's footprint beyond academic Olympiads into vocational/skill-based assessments, potentially supporting long-term growth and margin diversification.