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Navneet Education Absorbs Indiannica’s CBSE and ICSE Portfolio to Drive Growth Synergies

3 months ago

8 min read

The board of Directors of Navneet Education Limited (NEL) and Indiannica Learning Private Limited (ILPL) approved a composite scheme to consolidate its complementary publishing portfolios into a single entity, creating a more competitive market offering with stronger brand visibility and integrated content teams. The strategic move drives value for stakeholders and capital reduction shall allow ILPL to right-size its balance sheet.

Haresh Shah

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