Career Point has informed that Board of Directors has transacted the following businesses at its meeting held on May 15, 2021: considered to formulate a Scheme of Arrangement (Scheme) between Career Point and its wholly-owned subsidiaries, namely, Career Point Edutech, Gyan Eduventure, Career Point Infra and Srajan Capital; appointed Registered Valuer for undertaking the valuation exercise to determine the share exchange ratio for the proposed scheme; appointed Dhruva Advisors LLP as advisors to the proposed Scheme; considered and approved the change in the objects clause of the Company and the consequent alteration of the MOA by way of Postal Ballot through e-voting. The Board of Directors shall take necessary steps and will notify adequately.
The above information is a part of company’s filings submitted to BSE.
