Navneet Education Limited Convenes Equity Shareholders Meeting on June 15, 2026 for Composite Scheme of Arrangement with Indiannica Learning Private Limited

Navneet Education Limited has announced the convening of a meeting of its equity shareholders on Monday, June 15, 2026, at 11:00 a.m. (IST), to be held through video conferencing or other audio visual means (VC/OAVM). The meeting has been directed by the Hon'ble National Company Law Tribunal (NCLT), Mumbai Bench, pursuant to an order dated April 24, 2026, passed in Company Scheme Application No. CA(CAA)/26/MB/2026. The primary agenda of the meeting is to consider and, if thought fit, approve the Composite Scheme of Arrangement between Indiannica Learning Private Limited and Navneet Education Limited and their respective shareholders.

Background of the Scheme

The Composite Scheme of Arrangement involves two applicant companies — Indiannica Learning Private Limited, incorporated under the Companies Act, 1956, with CIN U22110MH1998PTC461209 and registered office at Floor G-2, Plot 435, Navneet Bhavan, Baburao Parulekar Marg, Bhawani Shankar Road, Dadar (West), Mumbai – 400028, Maharashtra, India, acting as the First Applicant Company / Demerged Company; and Navneet Education Limited, with CIN L22200MH1984PLC034055 and registered office at Navneet Bhavan, Bhavani Shankar Road, Near Shardasharan Society, Dadar (West), Mumbai – 400028, Maharashtra, India, acting as the Second Applicant Company / Resulting Company. The scheme is being pursued under Sections 230 to 232 and Section 66 and other applicable provisions of the Companies Act, 2013, along with applicable SEBI Listing Regulations and SEBI Master Circular No. SEBI/HO/CFD/POD-2/P/CIR/2023/93 dated June 20, 2023.

Meeting Schedule and Voting Details

The following table outlines the key schedule for the equity shareholders meeting and the remote e-voting window:

Parameter: Details Class of Meeting: Equity Shareholders Day / Date of Meeting: Monday, June 15, 2026 Time of Meeting: 11:00 a.m. (IST) Remote E-Voting Start: Thursday, June 11, 2026 at 09:00 a.m. (IST) Remote E-Voting End: Sunday, June 14, 2026 at 05:00 p.m. (IST) Cut-off Date for Voting Rights: Monday, June 8, 2026 Record Date for Notice Dispatch: Friday, May 8, 2026

Equity shareholders whose names are recorded in the Register of Members or the Register of Beneficial Owners as on the cut-off date of Monday, June 8, 2026, shall be entitled to exercise their voting rights on the resolution proposed in the notice. Physical attendance at the meeting has been dispensed with, and accordingly, the facility for appointment of proxy is not available for this meeting.

Key Appointments and Process

The Hon'ble NCLT has appointed Mr. Venkata Subba Rao, Former Member (J), NCLT, as the Chairperson of the equity shareholders meeting, including for any adjournment(s) thereof. Mr. Vyom Shah, Advocate, has been appointed as the Scrutinizer for the meeting, including for any adjournment(s) thereof.

Key procedural details are as follows:

Equity shareholders may vote through remote e-voting prior to the meeting or through e-voting during the meeting.

Shareholders who have cast their votes via remote e-voting may attend/participate in the meeting but shall not be entitled to vote again.

The remote e-voting facility will be disabled after the end time of Sunday, June 14, 2026 at 05:00 p.m. (IST).

The notice, scheme, and accompanying documents are available on the company's website at www.navneet.com , on BSE Limited at www.bseindia.com , on National Stock Exchange of India Limited at www.nseindia.com , and on NSDL's e-voting portal at www.evoting.nsdl.com .

Physical or electronic copies of the notice may be obtained free of charge by writing to the Company Secretary at secretarial@navneet.com ; physical copies will be dispatched within 2 working days of receiving a written request.

For e-voting queries or grievances, shareholders may contact Ms. Pallavi Mhatre, Senior Manager, NSDL, at evoting@nsdl.com .

Regulatory Compliance

The meeting is being conducted in compliance with the Companies Act, 2013, the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016, applicable MCA Circulars for conducting general meetings through VC/OAVM, Regulation 44 and other applicable provisions of the SEBI Listing Regulations, applicable SEBI Circulars, and Secretarial Standard-2 on General Meetings (SS-2) issued by the Institute of Company Secretaries of India. The notice for the meeting was signed by Mr. Venkata Subba Rao, Chairperson appointed by the Hon'ble NCLT, dated May 14, 2026, at Mumbai.

Navneet Education Limited has submitted its quarterly compliance certificate to the National Stock Exchange of India and Bombay Stock Exchange, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Filing

The company filed its certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The submission was made on April 7, 2026, by Company Secretary Amit D. Buch (Membership No. A15239).

Filing Details: Information Quarter Ended: March 31, 2026 Filing Date: April 7, 2026 Stock Exchanges: NSE and BSE Regulation: SEBI Regulation 74(5)

Certificate Confirmation

The certificate confirms that details of securities dematerialized during the quarter ended March 31, 2026 have been furnished to all stock exchanges where the company's shares are listed. This compliance ensures transparency in the dematerialization process and adherence to regulatory timelines.

Registrar Validation

MUFG Intime India Private Limited (formerly Link Intime India Private Limited), serving as the company's Registrar and Share Transfer Agent, provided confirmation of compliance on April 1, 2026. The registrar confirmed that:

Securities received from depository participants for dematerialization were properly confirmed to depositories

Security certificates were mutilated and cancelled after due verification

Depository names were substituted in the register of members within prescribed timelines

All securities comprised in certificates have been listed on relevant stock exchanges

Registrar Details: Information Company: MUFG Intime India Private Limited Former Name: Link Intime India Private Limited Confirmation Date: April 1, 2026 Signatory: Ashok Shetty, Sr. Vice President-Corporate Registry

Regulatory Significance

This quarterly filing represents standard regulatory compliance for listed companies, ensuring proper handling of dematerialized securities and maintaining transparency in share transfer processes. The submission demonstrates Navneet Education Limited's adherence to SEBI guidelines governing depositories and participants.

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