IFCI sells stake in Core Education

IFCI has sold 5.88 lakh shares of Core Education & Technologies at Rs 13.20 per share in a bulk deal on National Stock Exchange (NSE). As on June 30, 2014, the promoters holding in the company stood at 20.62%, while institutions and non-institutions held 12.14% and 67.23% stake in the company, respectively

CORE Education & Technologies is an education company, with global headquarters in Atlanta, US and corporate headquarters in Mumbai. It operates in three segments; Education, Enterprise Resource Planning (ERP) and consulting and logistics.