Ascensive Educare Limited announced that company has received a work order from Maharashtra State Skill Development Society (MSSDS), Government of Maharashtra under the Pramod Mahajan Kaushalya and Udyojakta Vikas Abhiyaan 2022 for an amount of INR 183.1 million approximately. The said work order is related to empowering of individuals by providing comprehensive range of skill development programs designed to unlock the potential within each individual and equip them with the tools they need to thrive in their professional journey. The order is received mainly for the organizing and conducting the skill development program for preparing individuals for the roles of Automotive Sales Assistant, Beauty Therapist, Customer Relationship Manager, Fitness Instructor etc.

The more specific details are mentioned in the work orders attached to this letter of disclosure.