TCM Limited increases stake in iSpark Learning Solutions Pvt Ltd to 76%

TCM Limited had earlier announced an investment of Rs. 10,89,200/- in iSpark Learning Solutions Pvt Ltd, for purchase of 1,08,920 newly issued equity shares at face value of Rs.10/- per equity share, which would result in increase in Company's stake in iSpark Learning Solutions Pvt Ltd from 51% to 76%.

The Company has, in line with the approvals granted by the Board of Directors, completed the purchase of 1,08,920 newly issued equity shares of iSpark Learning Solutions Pvt Ltd, resulting an increase in the Company's stake in iSpark Learning Solutions Pvt Ltd from 51% (pre-acquisition) to 76% (post-acquisition).

Source : Equity Bulls

Keywords

TCM Approval Acquisition StakeIncrease iSparkLearningSolutions