S Chand & Company Ltd. Company History and Annual Growth Details

The Company was incorporated as =S. Chand & Co. Private LimitedÂ on September 9, 1970 as a private limited company under the Companies Act, 1956 with the RoC Delhi. the Company became a deemed public limited company under Section 43A(1) of the Companies Act, 1956 and, the RoC Delhi certified the change of name to 'S. Chand & Co. LimitedÂ on May 6, 1976 upon such conversion. Thereafter, pursuant to the approval of the Central Government dated April 30, 1986 under Section 43A(4) of the Companies Act, 1956, the Company was converted into a private limited company and a certificate of incorporation certifying the change of name to 'S. Chand And Company Private LimitedÂ was issued by the RoC on May 21, 1986. Subsequently, the Company became a deemed public limited company under Section 43A(1) of the Companies Act, 1956 on October 3, 1988 and accordingly, upon such conversion, the name was changed to =S. Chand And Company LimitedÂ. The Company, pursuant to a special resolution dated February 23, 2001, converted from a deemed public limited company under Section 43A(1) of the Companies Act, 1956 to a public limited company under Section 31 and Section 21 read with Section 44 of the Companies Act, 1956 and, upon such conversion, the RoC certified the change of name to "S. Chand And Company LimitedÂ on November 7, 2001. Pursuant to the approval of the Central Government dated August 8, 2012, the Company was converted into a private limited company and a certificate of incorporation certifying the change of name to "S Chand And Company Private LimitedÂ was issued by the RoC on August 8, 2012. the Company was converted into a public limited company under the Companies Act, 2013 and a certificate of incorporation certifying the change of name to S Chand And Company Limited was issued by the RoC on September 8, 2016.

Major events and milestones

The table sets forth some of the major events in the history:

1970

-S Chand & Co., a partnership firm transferred its business into the Company

1971

-The Company signed an agreement with Maneckji Cooper Trust for exclusive publication rights for certain ?Wren & Martin? titles

2005

-The Company was awarded the e-Class project by the Government of Uttaranchal for development of IT enabled cthese curriculum in Science and Mathematics for classes 9-12, funded by International Development Association

2007

-The Company filed an application in the High Cthet of Delhi for demerger of real estate and investments business into RKG Hospitalities Private Limited

2008

-The Company formed a joint venture, HMSC Learning Private Limited with Education Media and Publishing Group Holding BV (?EMPG BV?) for e-learning solutions

2010

-Publishing and printing facilities set up at Rudrapur under wholly owned subsidiary, Nirja Publishers recieved the factory license

-The Company entered into an agreement for acquiring a majority stake of 51% in BPI through its wholly owned subsidiary Blackie

2011

-The Company underwent corporate restructuring and all hospitality and real estate businesses were demerged to enable the Company to focus purely on education business

2012

-The Company acquired 100 % stakes in Rajendra Ravindra Printers Private Limited (which was subsequently merged with VPHPL), EPHL, and Blackie

-Everstone invested Rs. 1,700 million into the Company

-The Company acquired 100% stake in VPHPL

2014

-Printing plant set up at Sahibabad by VPHPL

-The Company acquired majority shareholding of 51% in NSHPL

-The Company achieved a consolidated revenue of more than Rs. 3,000 million

-Safari Digital, one of the Subsidiaries, acquired minority shareholding of 31.21% on a fully diluted basis in ETIPL

-The Company and Safari Digital acquired 49.99% shareholding of EMPG BV in its joint venture S Chand Harcthet (India) Private Limited (now DSDPL)

2015

-Everstone and International Finance Corporation invested Rs. 600 million and Rs. 1,100 million respectively in the Company

-The Company exceeded consolidated revenue of Rs. 4,000 million

-The Company acquired minority equity stake of 25.5% on a fully diluted basis in SLPL

-Safari Digital launched its mobile application, myStudyGear

-Safari Digital increased its shareholding from 31.21% to 37.54% on a fully diluted basis in ETIPL. Thereafter, Safari Digital further increased its shareholding from 37.54.% to 44.66% in ETIPL by purchasing shares from the existing shareholders of ETIPL

2016

-The Company acquired residual minority shareholding of 49 % in NSHPL

-The Company exceeded consolidated revenue of Rs. 5,000 million

-Safari Digital acquired minority shareholding of 15.34% on a fully diluted basis in Testbook Edu Solutions Private Limited (formerly Share Infotech Private Limited)

-Safari Digital acquired minority shareholding of 10.15% on a fully diluted basis in Gyankosh Solutions Private Limited

-Safari Digital launched its curriculum solutions for K-12 under the brand ?Mylestone?

-The Company and EPHL, one of the Subsidiaries, together, acquired 74% shareholding of Chhaya Prakashani Private Limited

Awards and Accreditations

The table below sets forth the awards and accreditations received in the history:

2006

-Award for excellence in publishing for catalogue on higher academic books (2nd recipient), inquisitive science (certificate of merit) by the Federation of Indian Publishers

2008

-Company won the ?Best Indian Publisher Award 2008? for computer aided learning awarded by the Federation of Publishers and Booksellers Associations in India

2010

-Project ?Destination Success? of Indian High School, Dubai awarded the #1 ICT enabled school at the eINDIA Citizen Choice Award 2010

-Second recipient in EnglishÂHindi dictionary of technical terms in Economics and Commerce awarded by the Federation of Indian Publishers

2013

-Delhi Safety Award conferred by Labthe Department, Government of Delhi, on Rajendra Ravindra Printers Private Limited (now VPHPL)

-Innovative Publisher of the Year Award conferred on Madhubun Educational Books at the Indian Education Congress 2013

2014

-First recipient of Diamond Award from the Federation of Publishers & Booksellers Associations in India upon completion of 75 years

-K-12 Education Publisher of the Year Award conferred on Madhuban Educational Books at the Indian Education Congress 2014

2016

-Company conferred with the 'Business Superbrands 2016' status.

2021
-S Chand Group Launched new App to Integrate Mylestone curriculum in an interactive format for schools, students and teachers.

2022
-iNeuron partners S Chand to upskill students of MGU in technical courses.

2023
-S Chand Publishing Launched Awareness Social Sciences. A Transformative Shift In Middle School Education.
-S Chand And Company LtdÂ secured the Third position under the category of Education at the PVLF People's Choice Publisher Award 2023.

2024
-S Chand Group and Embibe partner to integrate virtual labs into CBSE Science textbooks.

2025

-The Company BOD has approved to invest upto an amount of Rs. 35 crores for a potential acquisition of a Company engaged in the test preparation segment.

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