Further to intimation of Outcome of Board Meeting held on 31st December 2019, regarding the approval for Incorporation of a subsidiary company with 51% shareholding of TCM, TCM has informed that the said subsidiary company with 51% shareholding of TCM is Incorporated on 07th January 2020 in the name of Ispark Learning Solutions (CIN:U74999KL2020PTC061044) which will provide IT/ Internet enabled solutions for training and education, Live tutoring using Internet/VC, Professional coaching or Tuitions, Training and Research in to Robotics, Consulting services, developing software products in the field of training, education and further selling, licensing and franchising software products.
The above information is a part of company’s filings submitted to BSE.