Announced Fri, 14 Aug · 16:37 IST
MT Educare in CIRP delays Q1 results, AGM set for Sep 22
MTEDUCARE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.1%1-day move
₹1.87
prior close
₹1.94
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-1.5+0.0-0.5-1.1+0.5-3.7-1.6-1.6-9.1-1.1-9.1——
Up moveDown movePending
AI summary
MT Educare, in CIRP since Dec 2022 after NCLT admission order, faces delay in Q1 FY27 financial results due to significant employee attrition in finance and accounting functions. Resolution Professional approved the 20th AGM on September 22, 2026 via video conferencing, book closure from September 16 to 22, and reappointment of director Vipin Choudhary. Board of Directors remains suspended with the Resolution Professional managing affairs.
Likely market impact
Q1 FY27 results delayed due to staff shortages. Company remains in insolvency with no Board. Negative for investors.