Mahesh Tutorials: Thousands of students and parents across Maharashtra have been left worried after Mahesh Tutorials abruptly shut 33 coaching centres, disrupting the academic plans of nearly 2,500 students.
The sudden closure has come at a crucial time, as admissions for the 2026-27 academic session had already been completed and many parents had paid full course fees. The unexpected move has forced students to urgently look for alternative coaching institutes midway through the academic year.
📌 Why Did Mahesh Tutorials Shut 33 Coaching Centres?
According to reports, MT Educare, the company operating Mahesh Tutorials, decided to suspend operations at 33 centres from July 10 following an internal meeting with branch heads held on July 7.
The decision has affected not only thousands of students but also teachers and non-teaching employees working across the closed centres.
The company has not yet publicly announced a detailed roadmap regarding refunds, continuation of classes, or future operations, leaving parents with several unanswered questions.
💼 MT Educare Has Been Under Insolvency Since 2022
The closures come against the backdrop of MT Educare’s long-running financial troubles.
The company has been undergoing insolvency proceedings since December 2022 after an order by the National Company Law Tribunal (NCLT).
Reports indicate that the company’s latest audit revealed significant financial stress, including outstanding dues of approximately ₹74.29 crore.
In 2024, the NCLT also admitted personal insolvency proceedings against promoter Mahesh Shetty, who reportedly defaulted on loans for which he had acted as a personal guarantor.
These developments have intensified concerns among parents about the future of the coaching chain.
💰 Parents Demand Fee Refunds and Transparency
Following the sudden shutdown, many parents are demanding clarity regarding:
- 💸 Refund of fees already paid
- 📚 Continuation of coaching classes
- 📄 Pro-rata fee refunds
- 🔍 Independent audit of collected fees
Several families say they enrolled their children only weeks ago, making the closure particularly distressing.
🎓 Arihant Academy Offers Relief to Students
In a significant relief for affected families, Arihant Academy has announced that it will accommodate eligible Mahesh Tutorials students at selected branches across the Mumbai Metropolitan Region (MMR).
According to a press release issued on July 17:
- ✅ No additional admission fee will be charged.
- ✅ Students will pay only the remaining balance fee applicable to their course.
- ✅ The offer is available for eligible students at selected branches.
However, Arihant Academy has clarified that it has not acquired, merged with, or taken over MT Educare or Mahesh Tutorials. The academy described the initiative purely as an effort to support students affected by the closures.
📚 Students Face Academic Uncertainty
For many students preparing for board examinations and competitive entrance tests, the closure has created unexpected challenges.
Students are now racing to:
- 📖 Find new coaching institutes
- 👨🏫 Adjust to different teaching methods
- 📝 Catch up with missed lessons
- 💰 Recover fees already paid
Education experts note that changing coaching institutes in the middle of an academic session can significantly disrupt preparation and increase stress for students.
🔎 Key Highlights
- 🚨 33 Mahesh Tutorials coaching centres shut across Maharashtra
- 👨🎓 Around 2,500 students affected
- 💼 MT Educare has been under insolvency proceedings since December 2022
- 💰 Company reportedly has outstanding dues of ₹74.29 crore
- ⚖️ Promoter Mahesh Shetty is facing personal insolvency proceedings
- 🎓 Arihant Academy to accommodate eligible students without charging extra admission fees
- 📢 Parents demand refunds and greater transparency
❓Frequently Asked Questions (FAQs)
Why did Mahesh Tutorials shut its coaching centres?
The centres were closed after MT Educare reportedly decided to suspend operations amid ongoing financial difficulties and insolvency proceedings.
How many students have been affected?
Approximately 2,500 students across Maharashtra have been impacted by the closure of 33 coaching centres.
Will parents receive refunds?
There has been no official announcement regarding refunds. Many parents are demanding pro-rata fee refunds and greater transparency from the company.
Has Arihant Academy taken over Mahesh Tutorials?
No. Arihant Academy has clearly stated that it has not acquired or merged with MT Educare. It is only offering admission support to eligible students.
📢 Disclaimer
This report is based on officially available information and multiple media reports. If MT Educare or Mahesh Tutorials issues any further clarification regarding refunds, reopening of centres, or student arrangements, this story will be updated accordingly.