Corporate Announcement
Security Code : 532696    Company : EDUCOMP    
 
Sale of stake by the subsidiary of Educomp Solutions Limited in Gateforum Educational Services Private Limited 
  Exchange Disseminated Time     
Educomp Solutions Ltd has informed BSE that M/s. Educomp Online Supplemental Service Limited, subsidiary of Educomp Solutions Limited, has executed definitive agreements to sell its entire 55.41% shareholding in Gateforum Educational Services Private Limited to ASK Pravi Private Equity Opportunities Fund ("Ask Pravi") acting through its trustee IL & FS Trust Company Limited.

The transaction completion is subject to fulfillment of customary conditions precedents. Appropriate announcement shall be made on deal completion.
 

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