Career Point Edutech Secures ₹18.15 Crore Work Order for Online Coaching Services
Career Point Edutech Limited has secured a significant work order valued at Rs. 18,15,00,000/- from the Mahatma Jyotiba Phule Research and Training Institute (MAHAJYOTI). The contract, finalized on July 28, 2026, involves providing specialized online coaching services to students in Maharashtra.The work order was awarded by MAHAJYOTI, an autonomous institute of the Government of Maharashtra, for the provision of educational services. This contract marks a major business development opportunity for Career Point Edutech Limited.
Contract Details and Scope
The contract involves providing comprehensive online coaching for 11th JEE/NEET/CET examinations to candidates sponsored by MAHAJYOTI from other Backward Bahujan Welfare Department categories in Maharashtra. The services encompass several components, including live interactive lectures, digital study materials, performance tracking, online test practice, and offline mentoring sessions. Where applicable, the provision of tablets with data connectivity is also included.The work order carries a value of Rs. 18,15,00,000/- and covers the needs of 3000 students.
Key contractual terms and details are summarized in the table below:
| Particulars | Details |
|---|---|
| Awarding Entity | Mahatma Jyotiba Phule Research and Training Institute (MAHAJYOTI), State of Maharashtra, Nagpur |
| Nature of Services | Education online coaching services for 11th JEE/NEET/CET examinations |
| Transaction Type | Domestic entity award |
| Work Order Value | Rs. 18,15,00,000/- |
| Duration | The work order is valid for two years and may be extended annually for up to two additional years by mutual consent. |
The terms state that payments will be made in installments linked to course completion milestones. The transaction was conducted with the MAHAJYOTI institute, which holds no interest related to the promoter or promoter group of Career Point Edutech Limited, and the contract does not fall under related party transactions.
CPEDU Stock Price Movement
Shares of Career Point Edutech Limited shed 1.18%, settling at ₹194.20 in post-market trading today. Throughout the session, the stock traded between a low of ₹192.00 and a high of ₹205.01, recording a volume of 10,766 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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