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| Exchange Disseminated Time | With reference to the Outcome of Board meeting held on August 10, 2015 vide which it was intimated that Board of Directors had accorded enabling approval for investment(s) upto Rs. 20 Million (Rupees Twenty Million Only) under Company’s employee initiatives towards talent and entrepreneurship encouragement, entailing inter-corporate investment(s), inter-alia, into the equity capital of investee company(ies).
eClerx Services Ltd has now informed BSE that the Company has partly invested aforesaid fund, into BuyTestSeries.com which is an e-commerce marketplace for online test series and courses and is co-founded by Shirish Bhatt, Himanshu Jain and Gaurav Golwalkar with an aim of becoming the leading aggregator for eLearning products and technology partner of choice for coaching classes. BuyTestSeries was picked out of about 28 employee business plans under an initiative to promote one of Company’s core values of entrepreneurship. |
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