StockWatch
·
Education
Award8 Sept 2026, 04:19 pm

Ascensive Educare Bags ₹10.58 Cr Skill Development Order

AI Summary

Ascensive Educare Limited has secured a significant work order from Shabari Adivasi Vitta Va Vikas Mahamandal Maryadit, Nashik, valued at INR 10,58,26,250/-. The project involves providing residential skill-development training to up to 1,700 Scheduled Tribe youth in Maharashtra under the Employment Based Skill Development Training Programme. This initiative, part of the Tribal Development Department's Eklavya Kushal scheme, aims to enhance employment opportunities for tribal youth. The company views this as a key opportunity to strengthen its position in the skill development sector and is committed to delivering the program according to prescribed standards. The order is from a domestic entity and does not involve related parties.

Key Highlights

  • Secured a work order worth ₹10.58 Crore for skill development training.
  • Training to benefit 1,700 Scheduled Tribe youth in Maharashtra.
  • Strengthens company's presence in the vocational training sector.
  • Order awarded by a domestic entity, Shabari Mahamandal.
  • No promoter or group company interest in the awarding entity.