ALFA Filings
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3 announcements with these filters
MT Educare reports material operational challenges including mass faculty resignations and declining student enrollments. This disruption is expected to adversely impact revenue and overall business operations.
MT Educare Limited disclosed defaults totaling ₹32.33 Crore in principal and interest repayments to Axis Bank and Prudence ARC. The company remains under CIRP.
MT Educare Limited reported a default on principal and interest repayments totaling ₹32.33 Crore to lenders including Axis Bank and Prudence ARC. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) following an NCLT order dated December 16, 2022. Investor caution is advised given the ongoing insolvency proceedings and debt defaults.