S Chand and Company acquires 26% stake in Chhaya Prakashani

27 Feb 2019 Evaluate

S Chand and Company along with its wholly owned subsidiary -- Eurasia Publishing House has acquired the remaining stake of 26% in Chhaya Prakashani, from its existing shareholder on February 25, 2019, and Chhaya Prakashani has become the wholly owned subsidiary of the Company.

Earlier, the company had made an investment in Chhaya Prakashani in December 2016, by way of acquiring 74% of share capital of Chhaya.

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

S Chand And Co Share Price

193.95 11.10 (6.07%)
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