Board Meeting4 Nov 2026, 05:14 pm
Shanti Educational Initiatives Ltd Board Approves Financial Results
AI Summary
Shanti Educational Initiatives Ltd announced that its Board of Directors, in a meeting held on November 04, 2026, approved the Standalone and Consolidated Un-audited Financial Results for the quarter and half year ended September 30, 2026. The board also approved modifications to the Composite Scheme of Arrangement, ensuring intellectual property of the Transferor Company is retained and vests in the Amalgamated Company. The scheme is subject to necessary statutory and regulatory approvals. The Limited Review Report issued by the Statutory Auditors did not contain any qualifications.
Key Highlights
- Board approved standalone and consolidated un-audited financial results for Q2 FY27 and H1 FY27.
- Modification approved for the Composite Scheme of Arrangement.
- Intellectual property to be retained by Transferor Company.
- Scheme subject to statutory and regulatory approvals.
- Statutory auditors' limited review report had no qualifications.
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