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S Chand and Company gets nod to invest in its subsidiary company

18 Nov 2017 Evaluate

S Chand and Company has received an approval for investment in equity shares of S. Chand Edutech (subsidiary of the company) up to an amount of Rs 3.60 crore.  The company has also received an approval to enter into a strategic alliance with PDM Inc. (Affiliate of Sigong Media) for early education curriculum business for the pre-school market in India. The board of directors at their meeting held on November 17, 2017, has approved for the same.

S Chand and Company delivers content, solutions and services across the education lifecycle through its K-12, higher education and early learning segments.

Peers
Company Name CMP
D.B. Corp 147.10
Jagran Prakashan 64.12
HT Media 23.03
Navneet Education 130.55
S Chand And Company 133.05
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