Career Point Edutech Wins ₹35.75 Cr Orders From MAHAJYOTI

MUMBAI, INDIA — Educational services provider Career Point Edutech Limited secured two contracts valued at a combined ₹35.755 crore from Mahatma Jyotiba Phule Research and Training Institute (MAHAJYOTI), Nagpur, on July 28, 2026. The government-backed initiative provides state-sponsored digital competitive examination coaching to eligible students across Maharashtra.

The dual orders mandate Career Point Edutech to deliver online preparation programs for Joint Entrance Examination (JEE), National Eligibility cum Entrance Test (NEET), and Common Entrance Test (CET) assessments. The contracts target students sponsored by MAHAJYOTI under the Other Backward Bahujan Welfare Department of the Government of Maharashtra.

Contract Structure and Financial Scope

The two regulatory disclosures submitted to stock exchanges detail separate commitments for secondary school cohorts:

• 12th-Grade Coaching Order: Valued at ₹17,60,50,000 (₹17.6 crore) for 3,500 sponsored students.

• 11th-Grade Coaching Order: Valued at ₹18,15,00,000 (₹18.15 crore) for 3,000 sponsored students.

MAHAJYOTI Contract Distribution Breakdown:
├── Total Combined Value: ₹35,75,50,000 (₹35.755 Crore)
├── 12th-Grade Cohort: 3,500 Students | ₹17.605 Crore
└── 11th-Grade Cohort: 3,000 Students | ₹18.150 Crore

Both contracts maintain an initial execution validity of two years. The terms permit annual extensions for up to two additional years upon mutual agreement under identical operational parameters. Financial disbursements follow a milestone-based installment schedule tied to course completion.

Deliverables and Service Deliveries

Under the agreement, Career Point Edutech will supply an integrated digital learning suite to enrolled candidates. The service model encompasses:

1. Live interactive online lectures hosted by subject matter experts.

2. Offline mentoring and individual academic guidance sessions.

3. Distribution of digital study material and curated test prep resources.

4. Online practice tests integrated with continuous performance tracking.

5. Provision of hardware tablets paired with active data connectivity, where applicable.

Corporate Disclosures and Compliance

Career Point Edutech submitted official disclosures to the Bombay Stock Exchange (BSE: 544499) and the National Stock Exchange of India (NSE: CPEDU) pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company confirmed that neither promoter groups nor entity affiliates maintain ownership interest in MAHAJYOTI. The transactions do not fall under related party parameters and are conducted at arm's length.

Official Sources

According to corporate disclosures filed by Career Point Edutech Limited with regulatory authorities on July 28, 2026, the company confirmed the receipt of work orders from MAHAJYOTI, an autonomous institute under the Government of Maharashtra.

In exchange filings signed by Company Secretary Bhavika Sharma, the corporate entity outlined that course-completion milestones govern the payment disbursement schedule across both programs.

"According to official regulatory filings submitted to the stock exchange, Career Point Edutech Limited has been empanelled and awarded contracts by MAHAJYOTI to provide online coaching services for 11th and 12th JEE/NEET/CET examinations to candidates sponsored by the department."

Why It Matters

The contract allocation highlights government investment in digital education models to expand access to competitive exam coaching for underserved demographic segments. For Career Point Edutech, securing ₹35.75 crore in orders expands its multi-year revenue visibility and strengthens its institutional state-contract portfolio.

Key Facts at a Glance

• Total Order Value: Combined ₹35.755 crore across two awards.

• Awarding Body: Mahatma Jyotiba Phule Research and Training Institute (MAHAJYOTI), Nagpur.

• Beneficiaries: 6,500 total students (3,500 in 12th grade; 3,000 in 11th grade).

• Contract Validity: Initial term of two years, extendable up to two additional years.

• Filing Date: July 28, 2026.

Frequently Asked Questions (FAQ)

What is MAHAJYOTI?

MAHAJYOTI (Mahatma Jyotiba Phule Research and Training Institute) is an autonomous government institute located in Nagpur, Maharashtra, dedicated to social welfare and educational support programs.

What examinations do these work orders cover?

The coaching services focus on preparation for competitive entrance exams, including JEE (Joint Entrance Examination), NEET (National Eligibility cum Entrance Test), and state CET (Common Entrance Test).

How will students receive instruction?

Students receive live interactive online lectures, offline mentoring, digital materials, performance tracking, and internet-connected tablets where required.

What is the financial structure of the work orders?

The work orders are valued at ₹17.6 crore for 12th-grade coaching and ₹18.15 crore for 11th-grade coaching, with payments tied to milestones over a two-year period.

Sources: Career Point Edutech Official Portal, Company Disclosure to Stock Exchanges