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Outcome of board meeting of CORE Education & Technologies

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Held on 10 June 2014

CORE Education & Technologies announced that the Board of Directors of the Company at its meeting held on 10 June 2014, inter alia, has discussed the revival strategy of the Company and took note of the following:-

Appointment of a leading real estate consultant for developing or disposing off non-core assets and real estate properties of the Company, currently having a value of approximately Rs 400 crore.

Bringing in additional investment and / or divesting its investments in overseas subsidiaries.

Sourcing of appropriate Joint Venture Equity Partners for the India business, in the backdrop of the positive business environment prevailing currently.

 

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First Published: Jun 11 2014 | 9:59 AM IST

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