Corporate Announcement
Security Code : 532363    Company : CTIL    
 
Outcome of Board MeetingDownload PDF
  Exchange Disseminated Time     
Comp U Learn Tech India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 21, 2012, has been considered and approved the following:

1. Chairman of the Meeting placed detailed note along with financial implications on Joint venture with M/s. Sreeven Infocom Limited. The Board had discussed in detail various pros and cons of the proposed joint venture, The Board approved the term sheet for entering into joint venture and authorized Mr. PVV Satyanarayana, chairman to execute necessary documentation.

2. The Board of Directors considered acquisition of 51% stake in M/s. Doctorstime Health Service Pvt. Ltd. and for this purpose, constituted a committee to study various aspects of the acquisition and carry out due diligence of the said Company.
 

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