S Chand and Company gets nod for term loan from Axis Finance

20 Dec 2018

S Chand and Company has received approval for a term loan of Rs 65 crore from Axis Finance. The company has entered into term loan agreement with Axis Finance for acquisition of 26% stake in Chhaya Prakashani. The Board of Directors at its meeting held on December 19, 2018, approved 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.

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