MoneyWorks4Me

Navneet Education’s arm increases stake in Genext

24 Sep 2021 Evaluate

Navneet Education’s wholly owned subsidiary -- Navneet Tech Ventures (NTVPL) has completed purchase of shares from existing shareholders of Genext Students (Genext) and Genext has allotted further Equity Shares to NTVPL. Upon completion of entire transaction, NTVPL holds 51.80% of Paid up Share Capital of Genext and accordingly Genext has become subsidiary of NTVPL and Step Down subsidiary of the company.

Navneet Education is engaged in publishing educational and children books and stationary products.

Peers
Company Name CMP
D.B. Corp 147.15
Jagran Prakashan 59.86
HT Media 21.38
Navneet Education 120.50
S Chand And Company 129.95
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