Grandeur Peak International Opportunities Fund has bought 2.05 lakh shares of MT Educare through the open market route. The shares were purchased on an average price of Rs 123.08 valuing the transaction to Rs 2.52 crore.
MT Educare provides educational coaching services for classes 9 and 10 (state boards, CBSE and ICSE), classes 11 and 12, graduation (commerce), preparatory/entrance tests (engineering, medical and MBA) and professional courses such as chartered accountancy under the brand name ‘Mahesh Tutorials’.