S Chand & Company has announced a strategic acquisition to expand its international education presence. The company will acquire full ownership of CPD Singapore Education Services in a transaction valued at SGD 1.5 million.

Acquisition Details

The acquisition represents S Chand And Company's move to gain complete control over CPD Singapore Education Services. The transaction details are outlined below:

Strategic Expansion

This acquisition marks S Chand And Company's continued expansion into international education markets. By acquiring full ownership of CPD Singapore Education Services, the company will have direct control over education service operations in Singapore, positioning itself to serve the Southeast Asian education market more effectively.

The transaction demonstrates the company's commitment to growing its international footprint beyond the Indian education market. Singapore's strategic location and established education infrastructure make it an attractive base for regional expansion in the education services sector.

S Chand & Company has announced a strategic acquisition that will expand its presence in international education markets. The company's wholly owned subsidiary New Saraswati House (India) Private Limited (NSHIPL) has executed definitive agreements to acquire 100% ownership in CPD Singapore Education Services Pte. Limited for SGD 1.50 million.

Transaction Structure and Timeline

The acquisition is structured as a two-tranche deal with specific payment allocations:

The transaction is expected to be completed by February 28, 2026, subject to the terms and conditions outlined in the Framework Agreement and Share Purchase Agreement. Upon completion, CPD Singapore will become a wholly owned subsidiary of NSHIPL and consequently a step-down subsidiary of S Chand And Company Limited.

Target Company Profile

CPD Singapore Education Services Pte. Limited was incorporated in Singapore on November 27, 2015, under the Companies Act 1967. The company operates from its registered office at 63 Hillview Avenue, Singapore, and specializes in education support services and international curriculum publishing.

The company's business activities include:

• Publishing of International Curriculum (IB/IGCSE) school books
• Education support services
• Publishing and distributing children's books
• Educational flashcards and related materials

Financial Performance

CPD Singapore has demonstrated consistent operational performance over the past three years:

The company has maintained stable revenue levels, with turnover ranging between SGD 891,000 and SGD 958,000 over the three-year period.

Strategic Rationale

The acquisition aligns with S Chand's expansion strategy and addresses specific portfolio gaps. The company has identified two primary strategic objectives:

• International Curriculum Exposure: The acquisition fills a significant gap in S Chand Group's portfolio by adding International Baccalaureate (IB) and International General Certificate of Secondary Education (IGCSE) curriculum capabilities
• Market Expansion: Increased exposure to international markets, particularly in the Middle East, South Asia, and SAARC regions

The transaction does not fall within the scope of related party transactions, and no promoter, promoter group, or group companies have any interest in the entity being acquired. The deal is structured as a cash consideration transaction and requires no governmental or regulatory approvals for completion.

Compliance and Disclosure

S Chand And Company Limited made this announcement pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was signed by Company Secretary Jagdeep Singh on January 10, 2026, ensuring full compliance with regulatory requirements for material corporate actions.