Navneet Education Divests Partial Stake in K12 Techno for ₹329.68 Cr

Navneet Education Ltd announced that its subsidiary, Navneet Learning LLP, has entered into an agreement to divest a partial stake in K12 Techno Services Private Limited. The transaction, valued at an expected consideration of INR 329.68 crores, is with Kenro Capital Education Affiliates II Pte Ltd and Kenro Capital Fund I. The agreement was executed on July 17, 2026, with completion expected around four weeks later, subject to customary conditions. Navneet Learning LLP's turnover for the period ended March 31, 2026, was nil, while its net worth was INR 79.49 Crores, representing 3.89% of Navneet Education Limited's consolidated net worth. The buyers are not related parties to Navneet Education Limited, and the transaction is not considered a related party transaction.