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MT Educare Ltd
220, 2Nd Floor, Flying Colors
Pandit Din Dayal, Upadhyay Marg
Phone: +91 2249186000p:+91 2249186000 MUMBAI, 400018  India Ticker: MTEDUCAREMTEDUCARE
On 12/16/2022, The National Company Law Tribunal (NCLT), Mumbai Bench, initiated a Corporate Insolvency Resolution Process (CIRP) for MT Educare Ltd pursuant to an application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 by Connect Residuary Pvt. Ltd. Mr. Ashwin Bhavanji Shah was appointed by the NCLT as the Interim Resolution Professional (IRP).
Business Summary
MT Educare Ltd. is an India-based company, which provides education support and coaching services. The Company caters to the educational needs of school students. It conducts commercial training, coaching, tutorial classes and activities incidental and ancillary thereon. The Company’s offerings include Robomate+, Lakshya, Mahesh Tutorials-School, Mahesh Tutorials-Science and Mahesh Tutorials-Commerce. Lakshya is a coaching institute for the preparation of Engineering Entrance Exam JEE (Mains and Advanced), Medical Entrance Exam (NEET-UG), and Foundation Courses for Class VI to X, including competitive exams, such as NTSE, KVPY and Olympiads. Lakshya provides the higher secondary education science courses for competitive exams. Lakshya prepares the students for IIT-JEE Main and Advanced, NEET, NTSE, KVPY, NSO (Science Olympiad) and RMO (Regional Mathematical Olympiad). Robomate+ is a curriculum-based study application that provides interactive study material for students.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/20233/31/2023Yes----

Industries
SIC Code Description
8299 Schools and educational services, not elsewhere classified
6719 Offices of holding companies, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Compliance Officer, Company Secretary RavindraMishra 11/15/2019 11/15/2019
Managing Director DebshankarMukhopadhyay 9/26/2019 8/9/2018
Whole-time Director Mahesh R.Shetty 8/9/2018
6 additional Officers and Directors records available in full report.

Business Names
Business Name
534312
MTEDUCARE
Robomate

General Information
Number of Employees: 410 (As of 3/31/2021)
Outstanding Shares: 72,228,054 (As of 9/30/2023)
Shareholders: 17,999
Stock Exchange: NSE
Fax Number: +91 2249186060


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Saturday, April 27, 2024