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S Chand And Company Limited ( (IN:SCHAND) ) has shared an announcement.
S Chand And Company Limited has announced that its wholly owned subsidiary, New Saraswati House (India) Private Limited, has signed definitive agreements to acquire 100% of CPD Singapore Education Services Pte. Ltd., a Singapore-based provider of education-support services and publisher of International Curriculum (IB/IGCSE) school books and children’s materials. The cash deal, valued at SGD 1.5 million and expected to close by February 28, 2026, will make CPD Singapore a step-down subsidiary of S Chand, giving the group exposure to the international curriculum segment, filling a gap in its current portfolio, and expanding its reach in key overseas markets including the Middle East, South Asia and SAARC, with no related-party involvement or regulatory approvals required.
More about S Chand And Company Limited
S Chand And Company Limited is an India-based educational publishing group that produces school and higher education textbooks and learning materials. Through its subsidiaries, such as New Saraswati House (India) Private Limited, the company focuses on curriculum-based content and is increasingly targeting international education markets, particularly in segments like international curricula and children’s publishing.
Average Trading Volume: 2,453
Technical Sentiment Signal: Sell
Current Market Cap: 5.69B INR
See more insights into SCHAND stock on TipRanks’ Stock Analysis page.