Outcome of Board Meeting held on Wednesday, January 28, 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board of Sodhani Academy of Fintech Enablers approved several operational changes. It decided to close its Bengaluru and Guwahati branch offices effective January 31, 2026, and shift those locations to a franchise-based model to cut costs. The two closed branches together contributed less than 1% of the company's total turnover, so the financial impact is minimal. A new branch office will open in Andheri (East), Mumbai from February 4, 2026. The company has also built a new operational centre with about 50 seats using IPO funds, expected to be live within 15 days. Additionally, the board approved an academic tie-up with Vishvakarma Skill University, Jaipur to offer university-recognised skill and academic programmes, with no equity or capital commitment involved.
For shareholders, this is a cost-optimisation move with negligible revenue impact. Shifting small branches to a franchise model and opening a Mumbai branch, along with the new IPO-funded training centre and university tie-up, point to a focus on scaling the education and training business efficiently.