Navneet Education’s arm increases stake in Genext
24th Sep 2021

Navneet Education’s wholly owned subsidiary -- Navneet Tech Ventures (NTVPL) has completed purchase of shares from existing shareholders of Genext Students (Genext) and Genext has allotted further Equity Shares to NTVPL. Upon completion of entire transaction, NTVPL holds 51.80% of Paid up Share Capital of Genext and accordingly Genext has become subsidiary of NTVPL and Step Down subsidiary of the company.

Navneet Education is engaged in publishing educational and children books and stationary products.