An update from MT Educare Ltd ( (IN:MTEDUCARE) ) is now available.
MT Educare Ltd has announced that SVC Co-operative Bank Limited, a lender to its subsidiary Labh Ventures India Private Limited, has initiated the sale of secured assets located in BangraKullor village, Mangalore, through an E-Auction scheduled for May 8, 2025. This development is part of the ongoing Corporate Insolvency Resolution Process (CIRP) that MT Educare is undergoing, as per the National Company Law Tribunal’s order dated December 16, 2022. The company is expected to provide further updates as the situation progresses.
More about MT Educare Ltd
MT Educare Ltd operates in the education sector, providing educational services and learning solutions. The company is involved in offering coaching and training programs for various competitive exams and academic courses.
YTD Price Performance: -12.79%
Average Trading Volume: 11,984
Current Market Cap: 162.5M INR
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