NAVNETEDULBSENavneet Education LtdMinimalNeutral
Announced Thu, 14 May · 16:07 IST

Dear Sir/Madam, Please find the attachment herewith NewsPaper Publication

NAVNETEDUL · price

Loading chart…

▲ 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
+0.3%1-day move
₹141.30
prior close
₹141.66
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3+0.0-1.1+0.6+0.3+1.1+0.3+4.2+1.7+0.5-0.9+3.6+6.2
Up moveDown movePending
AI summary

Navneet Education Ltd has published a newspaper advertisement notifying equity shareholders about a meeting convened under NCLT order dated 24th April 2026. The meeting is for a Composite Scheme of Arrangement between Indiannica Learning Private Limited (Demerged Company) and Navneet Education Limited (Resulting Company). The shareholders' meeting is scheduled for 15th June 2026 at 11:00 AM via video conferencing. Remote e-voting will be available from 11th June 2026 (09:00 AM) to 14th June 2026 (05:00 PM). This appears to be a demerger transaction where Indiannica Learning's business will be separated. Mr. Venkata Subba Rao has been appointed as Chairperson and Mr. Vyom Shah as Scrutinizer for the meeting.

Likely market impact

This is a significant corporate restructuring event. If approved, the scheme will affect the structure and operations of Navneet Education. Shareholders should carefully review the scheme documents and participate in the e-voting process to protect their interests.