MoneyWorks4Me

Career Point makes further investment in Srajan Capital

31 Mar 2015 Evaluate

Career Point has made further investment in its wholly owned non material subsidiary company ‘Srajan Capital’ by allotment of 27,10,000 equity shares of Rs 10 each at face value aggregating to Rs 2.71 crore.

Career Point Accessories, a non material subsidiary company of Career Point, has sold its entire holding of 510,000 equity shares of Rs 10 each in its subsidiary company, Kota Automobiles (non material) at the price of Rs 10- per share aggregating to an amount of Rs 51 lakh to Pramod Maheshwari (Related Party).

Career Point caters to the needs of a student throughout the life cycle of a student (KG. to PhD.) while operating in both the Formal and Informal education streams. In the informal Education system, Career Point has established a strong niche in test preparation and school curriculum tutoring through a nationwide extensive network of Company operated branches; Franchisee centers; Technology enabled live classrooms; Online courses; School integrated programs; and Distance learning solutions.


Peers
Company Name CMP
Physicswallah 132.75
Crizac 185.55
Veranda Learning Sln 228.95
Zee Learn 6.78
CL Educate 54.71
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