MoneyWorks4Me

ACE EduTrend gets nod to raise $20 million through FCCBs

11 Jul 2014 Evaluate

ACE EduTrend has received an approval for issue of Foreign Currency Convertible Bonds (FCCBs) up to $20 million. The board of directors at its meeting held on July 10, 2014 has approved for the same.

ACE EduTrend was initially engaged in the business of Leasing, Bill Discounting and investment in shares and securities and providing financial and management consultancy services. The company has now diversified into merchant banking services and is already providing project consultancy services to different projects.

Peers
Company Name CMP
Physicswallah 133.75
Crizac 178.00
Veranda Learning Sln 226.85
Zee Learn 6.84
CL Educate 54.65
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