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Career Point invests Rs 13.55 crore in Srajan Capital

31 Mar 2017 Evaluate

Career Point has invested Rs 13.55 crore in its wholly owned subsidiary Srajan Capital by subscribing for 5 lakh equity shares at issue price of Rs 100 per share as well as subscribing for 8.55 lakh 10% Optionally Convertible Non-Cumulative Redeemable Preference Shares (OCRPS) at issue price of Rs 100 per OCRPS.

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.

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