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Board of CL Educate approves transfer of digital business to subsidiary

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Capital Market
Last Updated : Jun 25 2021 | 9:51 AM IST

At meeting held on 24 June 2021

The Board of CL Educate at its meeting held on 24 June 2021 has approved the sale/ transfer of Digital Business of CL Educate to its Wholly Owned Subsidiary, Career Launcher as a going concern through a Slump Sale. The Board also approved investment up to Rs 2 crore in equity share capital of Career Launcher by accepting the rights offer made by Career Launcher.

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First Published: Jun 25 2021 | 9:38 AM IST

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