Doshi, who fronts the Adani Group's logistics, ports and energy interests in Kenya, off-loaded the elite institution to London-based investor Sandcastle Education Holdings in a deal that raises eyebrows over the future of high-end private education assets in Nairobi. Market documents seen by investors reveal that the Sh130 symbolic figure was used as a nominal value in a debt-takeover transaction that allowed the new owners to assume liabilities likely running into hundreds of millions of shillings. Doshi's company, Centre for Education Investment Limited, which acquired Hillcrest in 2019 amid expansion plans linked to Adani's East African footprint, is understood to have faced rising operating costs, muted enrolment numbers and post-pandemic liquidity constraints. Selling the school for Ksh130 effectively transferred ownership while shedding heavy obligations tied to bank loans, suppliers and payroll that had become unsustainable.