Career Point Edutech Secures Work Order from Government Institute for Coaching Services
Career Point Edutech Ltd has secured a significant work order from Vasantrao Naik Research and Training Institute (VANARTI), an autonomous institute of the Government of Maharashtra. The contract, valued at Rs. 1,50,90,000/-, was awarded on June 05, 2026.The company has been empanelled by VANARTI to deliver comprehensive online and offline coaching services. These services are designated for candidates sponsored by VANARTI who belong to the Other Backward Bahujan Welfare Department categories within Maharashtra.
The scope of work is detailed and extensive, covering various aspects of student preparation for competitive examinations including JEE, NEET, and CET. The provided services include live interactive online lectures, dedicated offline mentoring sessions, provision of digital study material, online test practice modules, performance tracking mechanisms, and the supply of tablets with data connectivity where necessary.
The contract specifies that payments will be made in installments, directly linked to defined course completion milestones. This work order holds a validity period of two years and contains provisions for annual extension by both parties for up to two additional years, subject to similar terms.
Key details regarding the contract execution are summarized below:
| Particulars | Details |
|---|---|
| Awarding Entity | Vasantrao Naik Research and Training Institute (VANARTI) |
| Nature of Services | Education online and offline coaching services for JEE/NEET/CET examinations |
| Contract Value | Rs. 1,50,90,000/- (for 300 students) |
| Term Period | Two years, with potential for two annual extensions |
| Status | Domestic entity awarding the order; Not a related party transaction |
CPEDU Stock Price Movement
Career Point Edutech Limited shares edged higher in the market, closing today at ₹183.99 after gaining 0.02%. The stock recorded a total traded volume of 3,262 shares during the session.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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