S Chand and Company has informed that the Board of Directors of the Company at its meeting held on November 30, 2022 approved to sale the entire stake (i.e., 6.05% on fully diluted basis) held by the Company together with its wholly owned subsidiaries namely, Vikas Publishing House and Chhaya Prakashani in iNeuron Intelligence ('iNeuron'). The Company has entered into a non-binding term sheet with a prospective buyer for selling this entire stake.
The above information is a part of company’s filings submitted to BSE.