AI assistant
Global Education Limited Board/Management Information 2021
63328_rns_2021-08-06_74a4b577-8bf5-4985-b617-008bad7bcfeb.pdf
Board/Management Information
Open in viewerOpens in your device viewer
CORPORATE IDENTIFICATION NUMBER(CIN) - L80301MH2011PLC219291 Registered Office : Office No.306,3rd Floor Jaisingh Business Center Premises CHSL,Sahar Road, Parsiwada, Andheri(E), Mumbai - 400099 , Maharashtra - India Tel No. +91 22 49242584, e-mail id : [email protected], Website : www.globaledu.net.in
Through Online Filing
GEL/CS/162 Dated: Friday, the 06 August, 2021
To, The Manager, Listing Department, National Stock Exchange of India Limited Exchange Plaza, C-1, Block —G, Bandra Kurla Complex, Bandra (East), Mumbai — 400051, Maharashtra, India
Reference: Symbol: GLOBAL ISIN No: INE 291 W01011
Sub: Disclosure pursuant to Regulation 30 & 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended)
Outcome of Meeting No. 4 of Financial Year 2021-2022 of the Board of Directors of the Company held on Friday, the 06" day of August, 2021 at Nagpur
Dear Sir/Madam,
Further to our letter Ref. No. GEL/CS/161 dated 26 July, 2021 and with reference to the captioned subject, we wish to inform you that:
- The Meeting No. 04 of Financial Year 2021-2022 of the Board of Directors of the Company was held on Friday, the 06th day of August, 2021 at Nagpur.
- wo The Board of Directors of the Company have considered, noted & approved the following:
(i) The Board of Directors of the Company, amongst others, has considered, reviewed and took on records, the Statement of Un-audited Financial Results (Standalone) of the Company for the Quarter (Q-1) ended 30" June, 2021, duly reviewed, approved and recommended by the Audit Committee of the Company.
In accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), the Un-audited Financial Results (Standalone) of the Company, for the Quarter (Q-1) ended 30 June 2021,together with Limited Review Report of the Statutory Auditors of the Company, are enclosed herewith.
The above financial results are also made available on the Company's website www.globaledu.net.in.
CORPORATE IDENTIFICATION NUMBER(CIN) - L80301MH2011PLC219291 Registered Office : Office No.306,3rd Floor Jaisingh Business Center Premises CHSL,Sahar Road, Parsiwada, Andheri(E), Mumbai - 400099 , Maharashtra - India Tel No. +91 22 49242584, e-mail id : [email protected], Website : www.globaledu.net.in
3: The Board of Directors of the Company, amongst others, has considered, noted and/or Approved;
(a) the appointment of CS Riddhita Agrawal, Company Secretary in Practice, Mumbai(ICSI COP Number: 12917), as the Annual Secretarial Compliance Auditor of the Company for conducting an Annual Secretarial Compliances Audit of the Company for the financial year ended March 31, 2022 vide SEBI Circular CIR/CFD/CMD 1/27/2019 dated February 08,2019.
(b) the appointment of M/s C. R. Sagdeo & Co.; Chartered Accountants, Nagpur (ICAI Firm Registration on No. 108959W) as' the Internal Auditor of the Company for the financial year 2021-2022 ending 31st March, 2022.
© the appointment of CS Riddhita Agrawal, Company Secretary in Practice, Mumbai as the Secretarial Auditors of the Company for the financial year 2021- 2022 ending 31% March, 2022.
(d) Appointment of Y. N Kanojiya & CO. Chartered Accountants (FRN. 144428W) Nagpur as the Scrutinizer to conduct, monitor the e-voting process for the ensuing Tenth (10th) Annual General Meeting of the Members of the Company.
(e) Cessation of Mr. Rajiv Khurana [DIN: 09141745] as an Additional Director (Category : Non - Executive, Independent) of the Company on the conclusion of 10th Annual General Meeting of the Company ie 18'" September, 2021 . The Board placed on record its appreciation towards valuable contribution made by Mr. Rajiv Khurana [DIN: 09141745], during his tenure as Additional Director of the Company.
(f) Appointment of Mrs. Surekha Mulraj Thacker [DIN: 09253043] as an Additional Director (Category — Non-executive, Independent) of the Company; effective 06" August, 2021.
(g) In view of change in constitution of Board of Directors of the Company, the Committees of the Board has been re-constituted in accordance with the provisions of Companies Act 2013 read with rules made under and SEBI (LODR)2015 (Listing Regulations)
(h) In view of aforesaid, Please find enclosed herewith the brief profile of Mrs. Surekha Mulraj Thacker [DIN: 09253043] (appointee) marked as Annexure I
4) The Board of Directors of the Company.has also duly noted, considered, reviewed and approved the following agenda item/s, namely:-
(a) the Board's Report, together with its annex and attachment/s, including the
_ CORPORATE IDENTIFICATION NUMBER(CIN) - L80301MH2011PLC219291 Registered Office : Office No.306,3rd Floor Jaisingh Business Center Premises CHSL,Sahar Road, Parsiwada, Andheri(E), Mumbai - 400099 , Maharashtra - India
Tel No. +91 22 49242584, e-mail id : [email protected], Website : www.globaledu.net.in
the Tenth (10th) Annual General Meeting (AGM) of the Members of the Company for their adoption (approval) thereof;
(b) the Notice convening, the Tenth (10th) AGM of the Members of the Company;
Accordingly, the ensuing Tenth (10) AGM of the Members of the Company will be held on Saturday, the 18th day of September, 2021 at 11:30 Hrs. through Video Conferencing ("VC") or Other Audio-Visual Means ("OAVM");
c) the book closure date/s for the Tenth (10th) AGM and Payment of Final Dividend, if approved by the Members of the Company at the Tenth (10th) Annual General Meeting Purpose.
The Register of Members, Share Transfer Books, Demat Records and Register of Beneficiaries through NSDL and CDSIL will remain closed from Saturday, the 11" day of September, 2021 to Saturday, the 18th day of September, 2021 (both days inclusive).
In accordance with Regulation 42 of the SEB1 (Listing Obligations and Disclosure Requirements) Regulations, 2015, the above Book Closure Date/s for the Tenth (10th) AGM and Payment of Final Dividend if approved by the Members of the Company be noted;
d) the Cut-off date for remote e-voting relating to ensuing Tenth (10'") AGM, is fixed as Saturday, the 11" Day of September, 2021.
(e) The Record date for payment of Final Dividend (subject to approval of shareholders) is fixed as Saturday, 1 1th Day of September. 2021
A separate communication containing an intimation of book closure date/s pursuant to Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) is attached as an Annex.
- The Board of Directors of the Company, has also duly noted, considered, reviewed, approved and recommended the following agenda item/s, for the approval of the members of the Company, at the ensuing Tenth (10th) Annual General Meeting (AGM) of the Company, namely:- ,
a) appointment of Mr. Inder Krishen Bhat (DIN: 08901891), as a Director [Category - Non-executive, Independent] of the Company not liable to retire by rotation, for a fixed first term of consecutive Five (05) years, i. e from the conclusion of Tenth (10th) Annual General Meeting for the financial year 2020-2021 up to the conclusion of Fifteenth (15th) Annual General Meeting to be held for the financial year 2024-2025 as an Independent Director of the Company, as per the provisions of the Companies Act, 2013 read with the rules made there under. The Company has received a declaration of Independence in
CORPORATE IDENTIFICATION NUMBER(CIN) - L80301MH2011PLC219291 Registered Office : Office No.306,3rd Floor Jaisingh Business Center Premises CHSL,Sahar Road, Parsiwada, Andheri(E), Mumbai - 400099, Maharashtra - India Tel No. +91 22 49242584, e-mail id : [email protected], Website : www.globaledu.net.in
terms of Regulation 16(b) of SEBI (LODR) Regulations, 2015 (as amended) and Section 149(6) of the Companies Act, 2013.
In this context, we do hereby confirm that the appointee namely Mr. Inder Krishen Bhat (DIN: 08901891), has not been debarred from holding the office of a Director of any Company by virtue of any Order of the SEBI or of any other authority and do not have any 'inter-se relationship with any other Director/s, Key managerial Personnel, Management and Promoters of the Company.
b) appointment of Mrs. Surekha Mulraj Thacker [DIN: 09253043], as a Director [Category - Non-executive, Independent] of the Company not liable to retire by rotation, for a fixed first term of consecutive One (01) year, i. e¢ from the conclusion of Tenth (10th) Annual General Meeting for the financial year 2020-2021 up to the conclusion of Eleventh (11th) Annual General Meeting to be held for the financial year 2021-2022 as an Independent Director of the Company, as per the provisions of the Companies Act, 2013 read with the rules made there under. The Company has received a declaration of Independence in terms of Regulation 16(b) of SEBI (LODR). Regulations, 2015 (as amended) and Section 149(6) of the Companies Act, 2013.
In this context, we do hereby confirm that the appointee namely Mrs. Surekha Mulraj Thacker [DIN: 09253043], has not been debarred from holding the office of a Director of any Company by virtue of any Order of the SEBI or of any other authority and do not have any inter-se relationship with any other Director/s, Key managerial Personnel, Management and Promoters of the Company
(c) the Re-appointment of Mr. Aditya Praneet Bhandari (DIN: 07637316), as the Wholetime Director (Category - Non-independent, Executive), designated Key Managerial Personnel of the Company, liable to retire by rotation, for the period of Five (5) years, commencing from 16 March, 2022, whose existing tenure is expiring on 15" March 2022.
In this context, we do hereby confirm that Mr. Aditya Praneet Bhandari (DIN: 07637316), has not been debarred from holding the office of a Director (Whole-time Director) of any Company by virtue of any Order of the SEBI or of any other authority and do not have any inter-se relationship with any other Director/s and Key managerial Personnel of the Company.
The brief profile of the Director/s seeking appointment / re-appointment at the ensuing Tenth[ 10] AGM of the Shareholders (Members) of the Company is also enclosed herewith.
CORPORATE IDENTIFICATION NUMBER(CIN) - L80301MH2011PLC219291 Registered Office : Office No.306,3rd Floor Jaisingh Business Center Premises CHSL,Sahar Road, Parsiwada, Andheri(E), Mumbai - 400099, Maharashtra - India Tel No. +91 22 49242584, e-mail id : [email protected], Website : www.globaledu.net.in
Please be noted that the Meeting No. 4 of Financial Year 2021-2022 of the Board of Directors of the Company was commenced at 13.30 Hrs and concluded at 16.10 Hrs on Friday, the 06" August, 2021 at Nagpur.
You are therefore, kindly requested to place the aforesaid information on records and do the needful. Meantime, kindly acknowledge the receipt.
Sincerely,
FOR GLOBAL EDUCATION LIMITED
as : 4 ; ) pie L. Q. ¢ hee soot
CS PREETI PACHERIWALA COMPANY SECRETARY ICSI MEM. NO: F7502 Address: Pacheriwala Building, Opposite Ganraj Hotel, Temple Bazar Sitabuldi, Nagpur — 440012, Maharashtra, India
CORPORATE IDENTIFICATION NUMBER(CIN) - L80301MH2011PLC219291 Registered Office : Office No.306,3rd Floor Jaisingh Business Center Premises CHSL,Sahar Road, Parsiwada, Andheri(E), Mumbai - 400099, Maharashtra - India Tel No. +91 22 49242584, e-mail id : [email protected], Website : www.globaledu.net.in
Through Online Filing
GEL/CS/163 Dated: Friday, the 06" August, 2021
To, The Manager, Listing Department, National Stock Exchange of India Limited Exchange Plaza, C-1, Block —G, Bandra Kurla Complex, Bandra (East), Mumbai — 400051, Maharashtra, India
Reference: Symbol: GLOBAL ISIN No: INE 291 WO1011
Sub: Intimation of Record Date pursuant to Regulation 42 of the Securities & Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended)..
Dear Sir/Madam,
This is in continuation to our Letter GEL/CS/162 Dated: Friday, the O6th August, 2021 regarding Outcome of the Board Meeting held on Friday, the 06th August, 2021 at Nagpur.
In this context, we wish to inform you that pursuant to Regulation 42 of the Securities & Exchange Board of India(Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended),
(i) for the purpose of the Tenth [10]Annual General Meeting and for the said payment of Final Dividend (if declared); The Record date for payment of Dividend (subject to approval of shareholders) is fixed as Saturday, September 11, 2021.
(ii) the Register of Member and Share Transfer Books of the Company will remain closed from Saturday, the 11" day of September, 2021 to Saturday, the 18" September, 2021 (both days inclusive)
CORPORATE IDENTIFICATION NUMBER(CIN) - L80301MH2011PLC219291 Registered Office : Office No.306,3rd Floor Jaisingh Business Center Premises CHSL,Sahar Road, Parsiwada, Andheri(E), Mumbai - 400099 , Maharashtra - India
| Registered Office | GLOBAL | EDUCATION CORPORATE IDENTIFICATION NUMBER(CIN) - |
LIMITED L80301MH2011PLC219291 : Office No.306,3rd Floor Jaisingh Business Center Premises CHSL,Sahar Road, Parsiwada, |
|---|---|---|---|
| Andheri(E), Mumbai - 400099 , Maharashtra - India | Tel No. +91 22 49242584, e-mail id : [email protected], Website : www.globaledu.net.in | ||
| Symbol | Type of security |
Record Date | Purpose |
| GLOBAL | EQUITY Saturday, | September 11, 2021 |
payment Record date The for of Final Dividend (subject to approval |
| shareholders) fixed of as is September Saturday, 2021 11, (If Declared) at the ensuing Tenth (10" |
|||
| Annual Meeting General of the Company. |
|||
| Symbol | Type of | Book Closure both days |
Purpose |
| security | inclusive From To |
| Registered Office | CORPORATE IDENTIFICATION NUMBER(CIN) Andheri(E), Mumbai - 400099 , Maharashtra - India |
- | L80301MH2011PLC219291 : Office No.306,3rd Floor Jaisingh Business Center Premises CHSL,Sahar Road, Parsiwada, Tel No. +91 22 49242584, e-mail id : [email protected], Website : www.globaledu.net.in |
|
|---|---|---|---|---|
| Symbol | Type of security |
Record Date | Purpose | |
| GLOBAL | EQUITY Saturday, | 2021 | September 11, |
payment Record date The for of Final Dividend (subject to approval shareholders) fixed of as is September Saturday, 2021 11, (If Declared) at the ensuing Tenth (10" Annual Meeting General of the Company. |
| Symbol | Type of security |
Book Closure both | days inclusive |
Purpose |
| From | To | |||
| GLOBAL | EQUITY | Saturday, 11 September, 2021 |
Saturday, the day of Saturday, the 1g September, 2021 |
The Register of Members and Share Transfer Books of the Company will remain closed from Saturday, 11" day of September, 2021to Saturday, 18 September, Saturday, the the |
| 2021 days inclusive) (both the for purpose of Payment of Final Dividend Declared) ensuing Tenth the (If at (10 ) Annual General Meeting. |
You are therefore, kindly requested to place the aforesaid information on records and do the needful. Meantime, kindly acknowledge the receipt. ,
Sincerely, FOR GLOBAL EDUCATION LIMITED
Pre \e Nag eat WD ND
CS PREETI PACHERIWALA COMPANY SECRETARY ICSI MEM. NO: F7502
Address: Pacheriwala Building, Opposite Ganraj Hotel, Temple Bazar Sitabuldi, Nagpur — 440012, Maharashtra, India
CORPORATE IDENTIFICATION NUMBER(CIN) - L80301MH2011PLC219291 Registered Office : Office No.306,3rd Floor Jaisingh Business Center Premises CHSL,Sahar Road, Parsiwada, : Andheri(E), Mumbai - 400099, Maharashtra - India Tel No. +91 22 49242584, e-mail id : [email protected], Website : www.globaledu.net.in
ANNEXURE I
BRIEF PROFILE OF MRS. Dr. S UREKHA THACKER
Mrs. Surekha Thacker, aged about 71 Years holds a degree of Doctorate and presently is the Senior Vice President at HRD Corporation, Nagpur and has also served as Vice Chancellor of ADAMAS University, Kolkata (West Bengal), Dr. C.V. Raman University, Bilaspur, (Chhattisgarh) and ITM University, Raipur (Chhattisgarh) respectively.
Mrs. Surekha Thacker has excellent track record of 45+ years' experience, with an impressive success story in end-to-end administration, broadcasting, operation management of academic, non-academic & Social Activities of leading Media institutions, Educational Institutions & Social Organizations. The Notable accomplishments across her career are as follows:
Worked as Professional Soft Skill Trainer and conducted various training programs and workshops for governmental and corporate institutions on various motivational and human skill development techniques
> Acknowledged with:
National Akashvani Annual Award Winner twice (in 1983 & 1986) Felicitation by Akashvani for Excellence Best Writer Award (LOKMAT and SWADESH) for three times Participated as Veteran Athlete and received Gold Medals (in 1990 & 1998)
> Certifications
Course in Corporate Strategy from IIT Bombay through VNIT, Nagpur
Computer Operations Course in MS Office (Word/ Excel/ PowerPoint) from FACIT Commerce Institute, Nagpur
First class Diploma in Naturopathy from All India Nature Cure Federation, New Delhi.
She has presented 5 International, 15 National Paper Presentations, Publications & Workshops Conducted as Resource Person/Trainer. Few of her international and national papers include: ,
-
Paper Presentation on Communication & Reality: Life without Paper VI International Conference on Communication & Media at Barcelona, Spain
-
Paper Presentation & Chairing the Session on Managing in Turbulent Times: Visionary Leadership
- 14" International Conference on Management, NIRMA Uni. Ahmedabad, Gujarat (India)
- Paper publication- Awareness of Intellectual Property Rights (IPR) in India The International Journal of Commerc ehavioral Science, at Singapore Vv
CORPORATE IDENTIFICATION NUMBER(CIN) - L80301MH2011PLC219291 Registered Office : Office No.306,3rd Floor Jaisingh Business Center Premises CHSL,Sahar Road, Parsiwada, Andheri(E), Mumbai - 400099 , Maharashtra - India Tel No. +91 22 49242584, e-mail id : [email protected], Website : www.globaledu.net.in
-
Paper presentation on Modern Media: Alternative & Communicative Media National conference on Modern Media- KTUJM, Raipur, CG
-
Paper presentation on Soft Skills for Technocrats: Emotional Competence National Conference on Soft Skills for Technocrats, BITCON, Bhilai, CG
She has published more than 150 articles in Journals, and conferences/seminars etc. He has delivered more than 200 invited lectures. Mrs. Surekha Thacker is a resource person on accreditation and staff development in the country and has conducted several dozen training programmes in teaching Pedagogy across the country.
Relationship with the Company:
Mrs. Surekha Thacker does not have any shareholding of the Company nor does have any relationship with any of the Directors, Key Managerial Personnel's (KMP) or the Promoters of the Company.
CORPORATE IDENTIFICATION NUMBER(CIN) - L80301MH2011PLC219291 Registered Office : Office No.306,3rd Floor Jaisingh Business Center Premises CHSL,Sahar Road, Parsiwada, Andheri(E), Mumbai - 400099 , Maharashtra - India Tel No. +91 22 49242584, e-mail id : [email protected], Website : www.globaledu.net.in
Annexure -II
Brief profile of the Appointee - CS Riddhita Agrawal, Company Secretary in Practice, Mumbai as the Secretarial Auditors of the Company for the financial year 2021- 2022 ending 31st March, 2022 is as follows;-
CS Riddhita Agrawal Company Secretary in Practice, Mumbai (ICSI COP Number; 12917) is a qualified Company Secretary with more than eight years of professional experience. Her expertise lies in the matter pertaining to Corporate Laws and compliance related to SEBI Regulations.
Brief profile of the Appointee - CS Riddhita Agrawal, Company Secretary in Practice, Mumbai as the as the Annual Secretarial Compliance Auditor of the Company for the financial year 2021- 2022 ending 31st March, 2022 is as follows;-
CS Riddhita Agrawal Company Secretary in Practice, Mumbai (ICSI COP Number; 12917) is a qualified Company Secretary with more than eight years of professional experience. Her expertise lies in the matter pertaining to Corporate Laws and compliance related to SEBI Regulations.
Brief profile of the Appointee - M/s C. R. Sagdeo & Co.; Chartered Accountants, Nagpur (ic AI Firm Registration on No. 108959W) as the Internal Auditor of the Company for the financial year 2021-2022 ending 31st March, 2022 is as follows;-
M/s C. R. Sagdeo & Co.; Chartered Accountants, Nagpur (IC AI Firm Registration on No. 108959W) is a well known firm of Chartered Accountants having expertise of more than 55 Years in Audit & Assurance (Internal, Concurrent & Statutory) Taxation (Direct & Indirect), Advisory Services, Tax Litigation Service up to Tribunal including internal financial controls and management consultancy in manufacturing, finance, banking, expertise in accounts costing, marketing legal .The firm consists of thirteen [13] partners and have it branches at Pune, Mumbai and Nashik with Head Office at Prabha Niwas, Jail Road, Rahate Colony, Nagpur.
CORPORATE IDENTIFICATION NUMBER(CIN) - L80301MH2011PLC219291 Registered Office : Office No.306,3rd Floor Jaisingh Business Center Premises CHSL,Sahar Road, Parsiwada, Andheri(E), Mumbai - 400099 , Maharashtra - India
Annexure — III
Details of the directors seeking appointment/re-appointment in the 10th Annual General Meeting is as follows:-
| GLOBAL | EDUCATION LIMITED |
||||
|---|---|---|---|---|---|
| CORPORATE IDENTIFICATION NUMBER(CIN) - L80301MH2011PLC219291 | |||||
| Registered Office | : Office No.306,3rd Floor Jaisingh Business Center Premises CHSL,Sahar Road, Parsiwada, Andheri(E), Mumbai - 400099 , Maharashtra - India |
||||
| Tel No. +91 22 49242584, e-mail id : [email protected], Website : www.globaledu.net.in | |||||
| Annexure — III | |||||
| seeking directors Details of the |
appointment/re-appointment Annual 10th the in |
||||
| General Meeting is as follows:- NAME OF THE DIRECTOR |
|||||
| Director Identification Number | INDER KRISHEN BHAT 08901891 |
||||
| Date of Birth | 13/04/1953 | ||||
| Date of Appointment as Director Nationality |
07/10/2020 Indian |
||||
| Qualifications | B.E. (Hons) in Mechanical Engineering, M.Tech. and Ph.D. degrees | ||||
| Brief Profile . | from IIT Kanpur Mr. Inder Krishen Bhat, aged about 67 Years holds a degree of |
||||
| Doctorate and presently is the Vice Chancellor of Manav Rachna University and has also served as Director of National Institute of |
|||||
| Technology Hamirpur Malaviya National (H.P.), Institute of |
|||||
| Technology Jaipur (Rajasthan), NIT Delhi, NIT Jalandhar (Punjab) and IIIT Kota(Rajasthan). |
|||||
| Mr. Bhat has excellent track record of quality teaching, research and institution building. He has supervised 12 Ph.Ds and several |
|||||
| M.Tech theses area of Energy, Wear, Fatigue, Material in the |
|||||
| Academic Management. He published Characteristics, and has more than 150 articles in Journals, and conferences/seminars etc. |
|||||
| He has delivered more than 200 invited lectures. Mr. Bhat is a staff development resource person accreditation and on the in |
|||||
| country and has conducted several dozen training programmes in teaching Pedagogy across the country. |
|||||
| Contributed Bhat being associated Mr. policy has level at in developing: NBA Vision 2002;. AICTE Vision 2015;. Member, of |
|||||
| Regulations for NAAC the Committee for framing of Appeal , Member, Central Advisory Board of Education (CABE) since 2015; |
|||||
| Drafting first Statutes of NITs; Drafting IIIT Bill under PPP mode; | |||||
| AICTE Tenth Regulations Strategic Plan Plan Period; of for National Board of Accreditation. |
|||||
| widely abroad Bhat travelled and Mr. visited several has |
|||||
| Yale-India participated prestigious universities. He has the in |
|||||
| USA Programme Leadership Yale University, and Visited at Columbia University, New York State Stony Brook University, |
|||||
| Cooper Union University College under the and aegis of this Programme |
|||||
| Functional Expertise Specific in Area |
Administration & Management Expertise in |
||||
| Number Shares held of the in |
Nil | ||||
| Company Directorship held the List of in |
No, Hence Not Applicable | ||||
| Listed other companies Member Chairman/ the in committees Board |
aN No, Hence Not Applicable |
Registered Office : Office No.306,3rd Floor Jaisingh Business Center Premises CHSL,Sahar Road, Parsiwada, Andheri(E), Mumbai - 400099 , Maharashtra - India
| GLOBAL | EDUCATION LIMITED |
|---|---|
| CORPORATE IDENTIFICATION NUMBER(CIN) - L80301MH2011PLC219291 | |
| Registered Office | : Office No.306,3rd Floor Jaisingh Business Center Premises CHSL,Sahar Road, Parsiwada, |
| Andheri(E), Mumbai - 400099 , Maharashtra - India Tel No. +91 22 49242584, e-mail id : [email protected], Website : www.globaledu.net.in |
|
| Companies which he/she the in is Director |
|
| between Disclosure relationship of directors (inter-se) |
Not related to any Director, Manager and other Key Managerial |
| Personnel of the Company | |
| NAME OF THE DIRECTOR | ADITYA PRANEET BHANDARI |
| Director Identification Number | 07637316 |
| Date of Birth | 12/10/1990 |
| GLOBAL | EDUCATION LIMITED |
|---|---|
| CORPORATE IDENTIFICATION NUMBER(CIN) - L80301MH2011PLC219291 | |
| Registered Office | : Office No.306,3rd Floor Jaisingh Business Center Premises CHSL,Sahar Road, Parsiwada, Andheri(E), Mumbai - 400099 , Maharashtra - India |
| Tel No. +91 22 49242584, e-mail id : [email protected], Website : www.globaledu.net.in | |
| Companies which he/she the in is Director |
|
| between Disclosure relationship of |
Not related to any Director, Manager and other Key |
| directors (inter-se) | Managerial Personnel of the Company |
| NAME OF THE DIRECTOR | ADITYA PRANEET BHANDARI |
| Director Identification Number Date of Birth |
07637316 12/10/1990 |
| Date of Appointment as Director | 16/03/2017 |
| Nationality | Designated as Whole Time Director (Executive Director) Indian |
| Qualifications | M.Sc in International Management |
| Brief Profile | Mr. Aditya Bliandari, aged about 31 years is in charge of the day to-day affairs of the Company, being responsible for several key |
| administration important functions, including and with liaising |
|
| including government bodies. He is a, alumni of stakeholders, University of Southampton, UK with specialization in International |
|
| Management. Education Limited, he was Before joining Global |
|
| associated with JSW Steel Limited, Mumbai, Bangur Cement (A unit of Shree Cement Limited), Jaipur, Indian Tobacco Company |
|
| Mumbai Group, Nagpur. Fuelco He hands (ITC), and has on |
|
| experience advisory, markets, portfolio strategic capital in a company performance acquisition integration well post- as as |
|
| management in India, Asia and Europe along with the expertise in Management. |
|
| hands-on Export He significant operational has conducting experience due diligence, structuring, strategic in |
|
| planning and has mastered the fine art of publishing, its myriad processes from content creation to printing, product development, |
|
| marketing, sales and distribution of stationery product. | |
| Expertise in Administration & Management | |
| Functional Expertise Specific in |
|
| Area Number Shares held the of in |
73 (Seventy Three) (0.0000074%) |
| Company Directorship held List the of in |
No, Hence Not Applicable |
| Listed other companies Member Chairman/ the in |
No, Hence Not Applicable |
| committees Board other of of |
|
| Companies which he/she the in is Director |
|
| between Disclosure relationship of |
Not related to any Director, Manager and other Key Managerial Personnel of the Company |
| directors (inter-se) | |
| NAME OF THE DIRECTOR Director Identification Number |
SUREKHA MULRAJ THACKER 09253043 |
| Date of Birth Date of Appointment as Director |
13/06/1950 06/08/2021 |
| Director Identification Number | 09253043 |
|---|---|
| Date of Birth | 13/06/1950 |
| Date of Appointment as Director | 06/08/2021 |
| Indian |
CORPORATE IDENTIFICATION NUMBER(CIN) - L80301MH2011PLC219291 Registered Office : Office No.306,3rd Floor Jaisingh Business Center Premises CHSL,Sahar Road, Parsiwada, Andheri(E), Mumbai - 400099 , Maharashtra - India
| Registered Office | CORPORATE IDENTIFICATION NUMBER(CIN) - L80301MH2011PLC219291 : Office No.306,3rd Floor Jaisingh Business Center Premises CHSL,Sahar Road, Parsiwada, Andheri(E), Mumbai - 400099 , Maharashtra - India |
|---|---|
| Tel No. +91 22 49242584, e-mail id : [email protected], Website : www.globaledu.net.in | |
| Qualifications | Doctoral degree holder in Effective Communication Skills |
| Brief Profile | Dr. Surekha Thacker is a multifaceted, multilingual professional, having of 45+ impressive excellent track record with an years success story. Aged about 71 Years, she has a Doctorate degree (Ph.D) in Communication and currently in the role of Senior Vice President with HRD Corporation, Nagpur. |
| private universities as a VICE She has been at the helm of 3 CHANCELLOR and headed ADAMAS University, Kolkata (West Bengal), DrC.V. Raman University, Bilaspur and ITM University, Raipur (Chhattisgarh), respectively. |
|
| Dr. Surekha Thacker has had a long career in media industry & has vast experience of operations & management of academic & non- academic Media, Educational & leading Social activities of accomplishments Notable organizations. The across career her Akashvani Annual Awards & 2 (Two) include; 2 (Two) National (LOKMAT). Awards Writer She Certification Best has in Corporate Strategy from IIT Mumbai and a 3 year diploma in Yoga & Naturopathy. authored & presented International & National She has 15 5 An speaker & research excellent been papers. she has trainer, empanelled for various FDPs & training in Pedagogy & myriad subjects at reputed Institutes such as National Academy of Defence Production, Western Coal Field Ltd's Management Development Instt. & UGC-HRD Centre of Nagpur University. |
|
| articles in English, Hindi & Marathi have been published in Her esteemed Journals & periodicals. She is fluent in seven languages published collections English and short story has her in (Rendezvous) and in Hindi ( Rishton ki Website). |
|
| Functional Expertise Specific in |
Administration & Management Expertise in Public relations, |
| Area Number Shares held the of in Company |
Nil |
| Directorship held List the of in Listed other companies |
No, Hence Not Applicable |
| Member Chairman/ the in committees Board other of of Companies which he/she the in is Director |
No, Hence Not Applicable |
| between Disclosure relationship of directors (inter-se) |
Manager and other Key Not related to any Director, of the Company Managerial Personnel / |
PATEL, SHAH & JOSHI
Chartered Accountants
PARTNERS : CONSULTANT : : M. S. SHAH, B. A. (Econ.), FCA, A.T.I.1. (England) V. N. Shah M. A. (Cantab) ACA (England J. 1. MEHTA, B. Com., FCA.
501-503, Sheel Chambers, 5th Floor, 10, Cawasji Patel Street, Fort, Mumbai - 400 001 India TEL :+022-2287 1591/49703398. FAX :+022-2282 5865, E-mail :[email protected]
Independent Auditor's Review Report on the Quarterly Unaudited Standalone Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended for the Quarter ended June, 30, 2021.
Review Report to The Board of Directors Global Education Limited.
-
- We have revicwed the accompanying statement of unaudited standalone financial results of Global Education Limited (the "Company") for the quarter ended June 30, 2021 (the "Statement") attached herewith, being prepared and submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations")
-
- This Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review.
-
- We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily.of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit . opinion.
- 4, Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standards ('Ind AS') specified under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed
Page 1 of 2
the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement.
For Patel Shah & Joshi Chartered Accountants Firm Registration No. 107768W
Jayant I Mehta Partner Membership No: 042630 UDIN: 21042630AAAAEE7421
Place: Mumbai Date: 06 /08/2021
Page 2 of 2
Global Education Limited
Registered Office : 306, 3rd floor Jaisingh business Centre Premises CHSL, Sahar Road, Block sector : Parsiwada, Andheri (E) ,[Mumbai-400099.
CIN No. : L80301MH2011PLC219291
| Registered Office : 306, 3rd floor Jaisingh business Centre Premises CHSL, Sahar Road, Block sector : Parsiwada, Andheri (E) | Global Education Limited | ,[Mumbai | |||
|---|---|---|---|---|---|
| 400099. | |||||
| CIN No. : L80301MH2011PLC219291 | |||||
| Statement of Standalone Un-audited Financial Results for | the Quarter ended 30th June, 2021 | ||||
| Sr se, |
Particulars | 30-06-2021 | Quarter ended 31-03-2021 |
30-06-2020 | Year Ended 31-03-2021 |
| ' 1 |
Income | Unaudited | Audited | Unaudited | Audited |
| I. Revenue From Operations | |||||
| ll. Other Operating Income | 6,95,41,349 67,18,843 |
8,50,24,578 45,66,216 |
1,51,185 54,58,673 |
25,59,68,577 1,94,47,185 |
|
| Total Income From Operations (I+Il) | 7,62,60,192 | 8,95,90,794 | 56,09,858 | 27,54,15,762 | |
| 2 | Expenses a) Operational Expenses |
3,08,99,372 | 3,20,78,098 | 37,18,027 | 10,07,99,596 |
| b) Cost Of Traded Goods Sold d) Employees benefits expense |
46,73,224 93,79,009 |
50,73,725 1,13,71,963 |
4,37,712 69,16,023 |
1,01,50,814 3,69,77,575 |
|
| e) Finance costs f) Depreciation and amortisation expense |
6,527 13,60,010 |
34,292 14,61,866 |
24,066 51,44,102 |
1,16,987 1,36,65,463 |
|
| g) Other expenses | 47,10,099 | 5,48,73,216 | 27,49,612 | 7,00,28,382 | |
| 3 | Total expenses Profit/ (Loss) From before Exceptional and |
5,10,28,240 2,52,31,952 |
10,48,93,160 (1,53,02,366) |
1,89,89,542 (1,33,79,685) |
23,17,38,817 4,36,76,944 |
| 4 | Extraordinary Items and Tax (1-2) Exceptional items |
- | - | - | - |
| : | bef di Profit/ (Li Ext id T; It 3- i tity (Lose) Extraordmary Tax ( betore teins ced |
2,52,31,952 | _(1,53,02,366) | (1,33,79,685) | 4,36,76,944 |
| 6 | Extraordinary items But Bef Profit/ After E ti lit Ti (Li |
- | - | = | = |
| 8 | ee eee eg en Tax expense for the year |
2,52,31,952 | _(1,53,02,366) | (1,33,79,685) | 4,36,76,944 |
| a) Current tax b) Deferred tax |
61,52,970 1,27,375 |
(36,19,095) 9,32,853 |
- (4,95,989) |
1,20,48,053 96,860 |
|
| 9 | Net Profit/ (Loss) for the period (7-8) | 1,89,51,607 | (1,26,16,124) | (1,28,83,696) | 3,15,32,032 |
| 10 Other Comrehensive Income 11 Total Compherensive income for the period |
- 1,89,51,607 |
1,74,953 (1,24,41,171) |
- (1,28,83,696) |
1,74,953 3,17,06,984 |
|
| 12 | Faulty Sharectapifahrave Value Rae lo ie fa |
10,18,03,000 | 10,18,03,000 | 2,48,30,000 | 10,18,03,000 |
| 13 | eac Weighted Average No.of Shares for EPS* Earnings per Share in Rupees (.10/- each) (Not |
1,01,80,300 | 1,01,80,300 | 24,83,000 | 1,01,80,300 |
| 14 | 5 annualised)** a) Basic and diluted EPS |
1.86 | -1.22 | -5.19 | 3.11 |
** All the EPS has been calculated considering the issue of Bonus Share since inception of the period
Notes:
1 Figures for corresponding previous period have been restated regrouped and rearranged wherever considered necessary.
-
- The standalone financial results have been reviewed by the Audit Committee and approved by the Board of Directors of the Company at their respective meeting held on O6th August, 2021. Limited review under regulation 33 of the SEBI (Listing obligations and disclosure requirements) Regulations. 2015 has been carried out by the statutory auditors of the company. The auditors have expressed an unqualified opinion on the above results.
- 3 The standalone financial results have been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (IND AS) prescribed under section 133 of the companies Act, 2013 as amended and other recognised accounting practices and policies to the extent possible. The standalone financial results for the quarter ended 30th June 2021, have been prepared in accordance with the recognition and measurement principles laid down in IND AS- 34 "Interim Financial Reporting".
4 Un-audited Standalone Statement of Assets and Liabilities as on 30th June, 2021
| Un-audited Standalone Statement of Assets and Liabilities as on 30th June, 2021 | ||
|---|---|---|
| As at 30-Jun-21 |
As at 31-Mar-21 |
|
| Particulars | In Rs | In Rs |
| Unaudited | Audited | |
| Assets | ||
| Non - current assets | ||
| (a) Property, Plant and Equipment (i) Tangible Assets |
1,26,92,450 | 1,40,40,534 |
| (ii) Intangible Assets | 35,935 | 42,651 |
| (iii) Capital Work in Progress (b) Financials Assets |
39,11,123 | 19,00,873 |
| (i) Investments | 19,93,637 | 24,93,637 |
| (c) Other Non-Current Assets (d) Deferred Tax Asset (Net) |
1,15,17,047 49,79,209 |
4,60,16,503 51,06,584 |
| 3,51,29,401 | ||
| Total non - current assets | 6,96,00,782 | |
| Current assets | 1,190 | 855 63,52,197 |
| (a) Inventories (b) Financial Assets |
76,37,569 | |
| (i) Trade Receivables | 15,36,07,797 | 14,24,90,127 |
| (ii) Cash & Bank Balances (iii) Short Term Loans & Advances |
6,39,289 23,30,21,796 |
63,68,825 21,23,59,187 |
| (c) Other current assets | 1,33,44,078 | 4,95,242 |
| Total current assets | 40,82,51,719 | 36,80,66,433 |
| TOTAL ASSETS | 44,33,81,119 43,76,67,216 | |
| Equity and liabilities A. Equity |
||
| (a) Equity Share Capital | 10,18,03,000 | 10,18,03,000 |
| (b) Reserves & Surplus Total Equity |
30,02,98,931 | 29,66,17,775 40,21,01,931 _39,84,20,775 |
| Non current liabilities (a) Financial Liability |
||
| (i) Other Financials Liabilities | 59,30,591 | 67,77,331 |
| (b) Other Non-Current liabilities Total non - current liabilities |
59,30,591 | 67,77,331 |
| Current liabilities | ||
| (a)Financial liabilities | ||
| (i) Trade Payables (b) Other Current Liabilities |
2,57,10,920 52,29,576 |
2,68,04,378 35,45,875 |
| (c) Short Term Provisions | 44,08,101 | 21,18,857 |
| Total current liabilities | 3,53,48,597 | 3,24,69,110 |
| TOTAL EQUITIES & LIABILITIES | 44,33,81,119 | 43,76,67,216 |
| 5 | Un-Audited Standalone Cash Flow Statement for quarter ended 30th June , 2021: | ||||
|---|---|---|---|---|---|
| Particulars | For the quarter ended 30.06.2021 | For the year ended 31.03.2021 | |||
| A) CASH FLOW FROM OPERATING ACTIVITIES | Unaudited | Audited | |||
| Net profit before Tax & Extraordinary items Adjustments for : |
2,52,31,952 | 4,36,76,944 | |||
| Depreciation Interest & Finance Charges Income |
13,60,010 (65,76,610) |
1,36,65,463 (1,93,50,666) |
|||
| Interest & Finance Charges expenses Gain on measurement of defined benefit plan |
- - |
- 2,33,794 |
|||
| Provision for dimunition of investment Loss on sale of investment & fixed assets Investments written off |
(334) - |
(206) 57,288 4,70,95,965 |
|||
| WDV of assets written off Operating profit before working capital changes |
- | 2,00,15,017 | 16,15,944 | 8,69,94,527 | |
| Working Capital Changes : | |||||
| Changes in Inventories Changes in Payables |
(12,85,372) - |
(2,90,440) | |||
| Changes in Receivables Changes in Loans advances & deposits |
(1,11,17,671) G |
1,90,24,961 = |
|||
| Other Assets Financial liabilities |
(1,28,48,835) - |
42,19,151 : |
|||
| Non current liabilities Trade Payables |
(8,46,740) (10,93,458) |
10,37,525 2,75,006 |
|||
| Changes in Other Current Liabilities Provisions |
16,83,701 22,89,245 |
(50,09,691) 5,77,207 |
|||
| Changes in Current Assets Changes in other non current assets |
- 0 |
- 1,30,080 |
|||
| Changes in Other financial assets Cash generated from operations |
3,44,99,456 | 1,12,80,325 | (3,76,65,361) | (1,77,01,561) | |
| Direct Taxes (Income Tax) Income Tax of earlier years |
61,52,970 - |
1,20,48,053 | |||
| NET CASH FLOW FROM OPERATING ACTIVITIES (A) | 2,51,42,373 | 5,72,44,913 | |||
| B) | CASH FLOW FROM INVESTING ACTIVITIES | ||||
| Purchase of Fixed Assets Bank Deposits |
(20,15,460) - |
(48,80,591) | |||
| Current/Non Current Investments Long term loans & advances |
(334) (2,06,62,609) |
(19,93,844.54) (6,18,59,181) |
|||
| Interest & Finance Chgs. Income Sale of investment |
65,76,610 5,00,000 |
1,93,50,666 10,00,000 |
|||
| Profit /(Loss on sale of investment) Provision for diminution in value of Investment Receipts on account of the repayment of advances |
- 334 |
(57,288) 206 |
|||
| and loans given / (Advances and loans made) | |||||
| NET CASH FLOW FROM INVESTING ACTIVITIES [B] | (1,56,01,459) | (4,84,40,032) | |||
| CASH FLOW FROM FINANCING ACTIVITIES Interest Expense |
< | ||||
| Dividend Paid Dividend Distribution Tax |
(1,52,70,450) | (37,24,500) | |||
| NET CASH FLOW FROM FINANCING ACTIVITIES [C] | (1,52,70,450) | (37,24,500) | |||
| (57,29,536) | 50,80,381 | ||||
| NET INCREASE/DECREASE IN CASH AND CASH | 63,68,825 | 12,88,444 | |||
| C) | OPENING BALANCE OF CASH AND CASH EQUIVALENTS |
5 Un-Audited Standalone Cash Flow Statement for quarter ended 30th June , 2021:
- The Company has two operating segments ie Educational Training & Development Activities and Business Support Activities, and their operations are within India
- The outbreak of Coronavirus (COVID-19) pandemic globally and in India has caused significant disturbance and slowdown of economic activity. The Company has made an assessment of the impact of the pandemic on its operations and the carrying value of current and non-current assets and financial position based on the internal and external sources of information and indicators of economic forecasts. Based on such assessment, the Company is confident of recovering the carrying value of these assets as at June 30, 2021 and fulfil its obligations as and when they fall due. The future impact of the global health pandemic may be different from that estimated as at the date of approval of these financial results and the Company will continue to closely monitor any material changes to future
- The figure for the quarter ended March 31st 2021 are the balancing figure between the audited figures in respect of the full financial year and the published audited year to date figures upto the third quarter of the relevant financial year.
- The results of the company are also available on stock exchange website -www.nseindia.com and on the company website.
For and on behalf of the Board of Directors Global Education Limited
Mr. Aditya Bhandari Whole Time Director DIN: 07637316 Nagpur, August 6, 2021
Standalone a Quarter ended Yearly S. No. Particulars 30.06.2021 31.03.2021 30.06.2020 31.03.2021 Unaudited Audited Unaudited Audited z Segment Revenues Educational Training & Development Activities 1,00,16,961 79,19,552 10,13,187 4,17,12,671 Business Support Activities 5,95,24,388 7,71,05,026 (8,62,002) 21,42,55,906 Total revenue 6,95,41,349 8,50,24,578 1,51,185 25,59,68,577 Less: Inter Segment Revenue : i : = Net Segment Revenue 6,95,41,349 8,50,24,578 1,51,185 25,59,68,577 2 Segment Results Educational Training & Development Activities 23,99,517 (11,65,857) (53,21,984) 1,00,54,001 Business Support Activities 1,62,63,063 (1,86,18,643) (1,34,92,217) 1,44,54,476 Total 1,86,62,579 (1,97,84,500) (1,88,14,202) 2,45,08,477 Less : Interest and Financial Charges 7,238 83,726 24,156 1,82,198 Add: Interest income 65,76,610 45,65,860 54,58,673 1,93,50,666 Total Profit before Tax 2,52,31,952 (1,53,02,366) (1,33,79,685) 4,36,76,944.68 Less : Loss from associate company - - - - Profit before tax after associate company 2,52,31,952 (1,53,02,366) (1,33,79,685) 4,36,76,945 3a) |Segment Assets Educational Training & Development Activities 5,10,47,742 4,83,38,778 7,04,47,842 4,83,38,778 Business Support Activities 38,18,37,620 34,42,05,305 30,57,83,674 34,42,05,305 Unallocated 1,04,95,757 4,51,23,132 1,10,93,371 4,51,23,132 Total 44,33,81,119 43,76,67,216 38,73,24,887 43,76,67,216 3b) |Segment Liabilities Educational Training & Development Activities 1,37,94,292 1,21,50,725 1,81,89,152 1,21,50,724 Business Support Activities 2,13,31,926 1,50,47,665 1,03,63,151 1,50,47,664 Unallocated 61,52,970 1,20,48,053 12,17,988 1,20,48,053 Total 4,12,79,188 3,92,46,442 2,97,70,291 3,92,46,442 3c) _|Capital Employed 40,21,01,931 39,84,20,774 35,75,54,596 39,84,20,774
Global Education Limited
SEGMENTWISE REVENUE, RESULTS, ASSETS & LIABILITIES FOR THE QUARTER ENDED 30TH JUNE, 2021.
