Educomp Solutions has informed that M/s Educomp Intelliprop Ventures Pte Ltd, subsidiary of Educomp Solutions Limited, has sold its entire stake in Wiz Learn Technology, Singapore to V-cube Global Services. Further, corresponding to such sale the investment of Wiz Learn Technology Pte Ltd in 3 subsidiaries naming Singapore Learning .com ; Pave Education and Wiz Learn will also get sold. In this regard the Company has submitted a copy of Press Release dated October 05, 2015 titled ‘V-cube Global Services , Singapore acquires majority stake in Wiz Learn Technology from Educomp’.
The above information is a part of company’s filings submitted to BSE.