Quarterly Result4 Nov 2026, 05:33 pm
Shanti Educational Initiatives Declares Q2 FY27 Unaudited Results
AI Summary
Shanti Educational Initiatives Limited announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The Board of Directors approved these results, along with the Limited Review Report from the statutory auditors. The company also approved modifications to a Composite Scheme of Arrangement involving Shanti Learning Initiatives Private Limited and Grew Energy Private Limited, specifically regarding the treatment of intellectual property in a proposed slump sale. The modified scheme is subject to various regulatory approvals, including from NCLT and CCI.
Key Highlights
- Board approved unaudited standalone and consolidated financial results for Q2 FY27.
- Limited Review Report issued by statutory auditors was also approved.
- Modifications to the Composite Scheme of Arrangement were approved.
- Scheme modification pertains to intellectual property in a proposed slump sale.
- Scheme remains subject to regulatory and NCLT approvals.
Price Impact
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