Board of CL Educate approves transfer of digital business to subsidiary

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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