Tag: pre-school

  • EuroKids Asia’s most trusted brand

    MUMBAI: EuroKids, the preschool chain, has been awarded as the Most Trusted Pre-School in Asia by IBC Infomedia, a global brand consultancy. This honour was bestowed on EuroKids as part of Asia’s Most Trusted Brand Awards at a ceremony held in Bangkok, Thailand.

    These awards are driven by market research and consumer insights; and are given to brands with global recall, international reach and proud legacies.

    EuroKids International CEO Prajodh Rajan said, “It is a testament to our efforts of nurturing young children in not just a pre-school, but in a second home-like environment. All our initiatives are directed keeping in mind our ‘Child First’ ideology which is at the core of our pedagogy, ensuring that a child’s development, safety and engagement needs are well fulfilled as they play, learn, grow and imbibe essential life skills.” He added, “We are being appreciated for our sustained efforts in offering an enriching, innovative and interactive learning process.”

    EuroKids has won over 17 awards, which reflect the unique training methodology coupled with NextGen advantages and 360 degree support in building the franchise business.

    Additionally, EuroKids is the only preschool in India that has received an International certification on safety standards at its preschools from global Testing, Inspection and Certification (TIC) firm Bureau Veritas.

    With a legacy of over 15 years, EuroKids has built a network of 900+ preschools across three countries and 350+ towns and cities and has nurtured over 300,000 children. Moreover, EuroKids has enabled more than 600 entrepreneurs to build a long term successful business, 80 per cent of whom are women.

  • Zee Learn-THEAL merger share swap ratio revised, approved

    Zee Learn-THEAL merger share swap ratio revised, approved

    MUMBAI: A revised scheme of amalgamation of Zee Learn Limited (ZLL) with Tree House Education & Accessories (THEAL) has been approved by the Boards of Directors of both the companies.

    The revised share swap ratio of 1:1 for the merger of THEAL with ZLL was agreed upon by shareholders at a meeting on 16 August 2016. Earlier, the plan was to issue 5:3 shares of Zee Learn for each share of Tree House.

    Both ZLL and THEAL are primarily engaged into business of pre-school activities.

    The Board of Directors of ZLL at its meeting held on 23 December 2015 had approved a merger of THEAL with ZLL subject to requisite statutory and regulatory approvals.

    As a part of evaluation of financial results of THEAL for the quarter ended 31 March , 2016 and for the financial year ended 31 March, 2016, ZLL decided to keep on hold the plan and the matter was referred to the Merger Evaluation Committee (MEC).

    “MEC was authorised to look into and suggest the way forward to re-work the deal of merger to ensure consolidation of business in the best interest of the shareholders,” said ZLL in an official statement to the Bombay Stock Exchange.

    The statement went on to add that the Board unanimously approved a revised scheme (including appointed date and share exchange ratio) for the merger of THEAL with ZLL. The scheme will be implemented subject to approval of shareholders and creditors of the company and applicable regulatory authorities.

    In another statement, THEAL informed its shareholders, “Your company is trying to overcome the challenges faced in recent quarters by bringing in several cost control measure along with closing down of its non profitable centres. We believe that your company will be benefited with the merger, as the synergies arising out of amalgamation will play an important role in strengthening the company’s business and improving its operational efficiency and future outlook.”

  • Zee Learn-THEAL merger share swap ratio revised, approved

    Zee Learn-THEAL merger share swap ratio revised, approved

    MUMBAI: A revised scheme of amalgamation of Zee Learn Limited (ZLL) with Tree House Education & Accessories (THEAL) has been approved by the Boards of Directors of both the companies.

    The revised share swap ratio of 1:1 for the merger of THEAL with ZLL was agreed upon by shareholders at a meeting on 16 August 2016. Earlier, the plan was to issue 5:3 shares of Zee Learn for each share of Tree House.

    Both ZLL and THEAL are primarily engaged into business of pre-school activities.

    The Board of Directors of ZLL at its meeting held on 23 December 2015 had approved a merger of THEAL with ZLL subject to requisite statutory and regulatory approvals.

    As a part of evaluation of financial results of THEAL for the quarter ended 31 March , 2016 and for the financial year ended 31 March, 2016, ZLL decided to keep on hold the plan and the matter was referred to the Merger Evaluation Committee (MEC).

    “MEC was authorised to look into and suggest the way forward to re-work the deal of merger to ensure consolidation of business in the best interest of the shareholders,” said ZLL in an official statement to the Bombay Stock Exchange.

    The statement went on to add that the Board unanimously approved a revised scheme (including appointed date and share exchange ratio) for the merger of THEAL with ZLL. The scheme will be implemented subject to approval of shareholders and creditors of the company and applicable regulatory authorities.

    In another statement, THEAL informed its shareholders, “Your company is trying to overcome the challenges faced in recent quarters by bringing in several cost control measure along with closing down of its non profitable centres. We believe that your company will be benefited with the merger, as the synergies arising out of amalgamation will play an important role in strengthening the company’s business and improving its operational efficiency and future outlook.”