S Chand and Company Limited (NSEI:SCHAND) agreed to acquire unknown minority stake in Atozlearn Edutech Private Ltd. for INR 15 million on April 19, 2023. In related transaction, Chhaya Prakashani Limited entered into Subscription agreement to acquire unknown stake in Atozleam Edutech. During FY 2022-23 Atozlearn Edutech Private Ltd. had a revenue of INR 66 million.

As on April 28, 2023, the transaction is expected to complete on May 15, 2023.