Global Education Limited
Incorporated in 2011, Global Education Ltdis an educational service and consultancy provider
What Global files
- Others68
- Board Meeting27
- Important19
- Updates17
- Dividend/Bonus14
- Insider Trade13
Global Education (GEL) received 0.24 Cr equity shares of Rishiraj Infravision (RIPL) via a demerger. GEL now holds 24.28 lakh shares, maintaining its ~28.24% stake in RIPL. This non-cash allotment aligns with the NCLT-sanctioned demerger.
Global Education (GEL) secured a ~Rs 1.62 Cr order from 3C IT Solutions & Telecoms (India) for supplying 130 interactive digital display panels. This contract is expected to be executed within 15 days. #BusinessUpdate #EdTech
Sanctioned demerger transfers Yola Stays' real estate to Rishiraj Infravision. Global Education, as a shareholder, will receive 24,00,000 equity shares in Rishiraj Infravision without diluting its economic interest or shareholding.
NCLT approved the YSL-RIPL demerger. Global Education Limited, holding 2.4 Cr YSL shares, will receive 2.4 Cr RIPL shares (face value ₹1/- each). This transaction will not dilute Global Education Limited's economic interest.
Global Education's board approved financial results for the quarter, reporting a standalone net profit of ₹4.39 Cr and consolidated net profit of ₹3.75 Cr. It also approved a revised dividend policy and fully acquired OwnPrep Private Limited for ₹0.0049 Cr, strengthening its ed-tech presence.