CORE Education & Technologies said on Wednesday the board of directors has discussed the revival strategy of the company and took note of appointment of a leading real estate consultant for developing or disposing off non-core assets and real estate properties of the company, currently having a value of approximately Rs 4 billion.
The board also takes note for bringing in additional investment and / or divesting its Investments in overseas subsidiaries; sourcing of appropriate joint venture equity partners for the India business, in the backdrop of the positive business environment prevailing currently.
The company shall further provide frequent updates on the above developments.
Shares of the company gained Rs 0.9, or 5%, to trade at Rs 18.90. The total volume of shares traded was 426,726 at the BSE (4.00 p.m., Tuesday).