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Aptech Ltd. — Regulatory Filings 2024
Nov 5, 2024
60838_rns_2024-11-05_78e15a76-6668-44bf-b315-372ba4eff73c.pdf
Regulatory Filings
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Aptech Limited Regd. office: Aptech House A-65, MIDC, Marol, Andheri (E), Mumbai - 400 093. T: 91 22 6828 2300 / 6646 2300 F: 91 22 6828 2399 www Aptech-worldwide corn
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| November 05, 2024 | |
|---|---|
| To, BSE Limited 25thFloor, P J Towers, Dalal Street, Mumbai–400 001 |
To, National Stock Exchange of India Limited Exchange Plaza, Plot no. C/1, G Block, Bandra-Kurla Complex Bandra (East), Mumbai-400 051. |
| Scrip Code: 532475 Email:[email protected] |
Symbol: APTECHT Email:[email protected] |
Dear Sir/Madam,
Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”)
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Aptech Limited’s Policy on Determination of Materiality of Events and Information for Disclosure to the Stock Exchanges (“Materiality Policy”), this disclosure is made to inform you that Aptech Limited has received a Work Order from Government of India enterprise (Ministry of Information & Broadcasting)
Additional information required to be disclosed, in accordance with SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, issued in connection with Regulation 30 of SEBI LODR has been set out under Annexure A .
Aptech Ltd. is a pioneer in the non-formal vocational training business in the country with a significant global presence. Ever since its commencement in 1986 and with a current presence of over 800 centres globally, Aptech Ltd. has effectively ventured into diverse sectors ranging from IT training, media & entertainment, retail & aviation, beauty & wellness, banking & finance, and preschool segment amongst others. Aptech Ltd. has successfully trained students, professionals, universities & corporates through its two main streams of business - Individual Training and Enterprise Business Group.
Under Individual Training, Aptech offers career and professional training through its multi brands - Arena Animation, Maya Academy of Advanced Creativity (MAAC), Lakmé Academy powered by Aptech, Aptech Learning, Aptech Aviation Academy, and Aptech International Preschool. Enterprise business includes training and assessment solutions for corporates & institutions (Aptech Training Solutions, Aptech Assessment & Testing Solutions). With ProAlley, Aptech offers online training in graphic design, animation, VFX and game design.
This is for your information and record.
Yours faithfully, For Aptech Limited PAWAN Digitally signed by PAWAN MURLIDHAR MURLIDHA NAWAL Date: 2024.11.05 R NAWAL 22:05:47 +05'30' Pawan Nawal Chief Financial Officer
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Aptech Limited Regd. office: Aptech House A-65, MIDC, Marol, Andheri (E), Mumbai - 400 093. T: 91 22 6828 2300 / 6646 2300 F: 91 22 6828 2399 www Aptech-worldwide corn
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ANNEXURE A
DISCLOSURE OF DETAILS OF THE MOU IN ACCORDANCE WITH SEBI CIRCULAR, SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123, DATED JULY 13, 2023
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Sr. No. Particulars Details
a) Name of the entity awarding the Government of India enterprise (Ministry of
order(s)/contract(s) Information & Broadcasting).
b) Significant terms and conditions Aptech has been awarded the Contract from the
of order(s)/contract(s) awarded said body to conduct training across the territory
in brief
of India as per the scope of services in accordance
with the contract.
Significant terms and conditions of the Contract
are as follows:
A. The Contract is issued by the said body to
Aptech Limited.
B. The Student enrolments to be completed on or
before March 31, 2025.
C. The work which is to be carried out by Aptech
to include Training, On-the-job Training (OJT),
Assist in Assessment and Certifications.
D. The Contract has specific Terms and
Conditions, Statement of work, Respective
deliverables, Service Level Agreement, payment
terms etc.
c) Whether order(s) / contract(s) Domestic entity.
have been awarded by domestic/
international entity
d) Nature of order(s) / contract(s) The order pertains to training services.
e) Whether domestic or Domestic.
international
f) Time period by which the Completion of Student enrolments by March 31,
order(s)/contract(s) is to be 2025.
executed
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Aptech Limited Regd. office: Aptech House A-65, MIDC, Marol, Andheri (E), Mumbai - 400 093. T: 91 22 6828 2300 / 6646 2300 F: 91 22 6828 2399 www Aptech-worldwide corn
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| g) | Broad consideration or size of the order(s)/contract(s) |
The estimated contract value is Rs. 2.49 crore, subject to satisfactory deliverables. |
|---|---|---|
| h) | Whether the promoter/ promoter group / group companies have any interest in the entity that awarded the order(s)/contract(s)? If yes, nature of interest and details thereof. |
No. |
| i) | Whether the order(s)/contract(s) would fall within related party transactions? If yes, whether the same is done at“arms length”? |
No. |
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