CORE Education & Technologies Ltd

CORE launches its first International MBA program in association with Wilfrid Laurier University Program to be conducted across Canada, UAE and India CORE International Institute of Higher Education FZE, Ras Al Khaimah, United Arab Emirates (UAE), a subsidiary of CORE Education & Technologies has launched its first residential one-year full-time international MBA program in association with The School of Business & Economics of the 100 year old Wilfrid Laurier University, Waterloo, Ontario Canada. The students will get an opportunity to work on three live immersion projects that run across three countries and three terms namely leadership, applied business research & contemporary issues. Laurier will hold the prime responsibility of the academic elements of the program while CORE will provide facilities, as well as administrative and marketing support, for the delivery of the program. The fees for the one year program will be around $ 41,000 and the batch will have international mix of students from different cultural backgrounds. The degree will be awarded by Wilfrid Laurier University, Canada and a certificate of participation will be issued by CORE International Institute of Higher Education FZE. The company made this announcement during the trading hours today, 20 February 2013.

CORE Education & Technologies allots equity shares Under ESOS The committee of CORE Education & Technologies in its meeting on 13 February 2013 has approved allotment of 9,650 equity shares of Rs 2 each to employees of the company under CORE Employee Stock Option Scheme 2009.

CORE Education & Technologies to announce Q3 results Board meeting on 13 February 2013 The board meeting of CORE Education & Technologies will be held on 13 February 2013 to consider and take on record the unaudited financial results for the quarter (Q3) and nine months ended 31 December 2012.

CORE Education & Technologies allots equity shares On 15 January 2013 The committee of CORE Education & Technologies in its meeting on 15 January 2013 has approved the allotment of 37,660 equity shares of Rs 2 each to the eligible employees of the company and an employee of the subsidiary company under CORE Employee Stock Option Scheme, 2007 & CORE Employee Stock Option Scheme, 2009. The committee has approved the allotment of 49,039 equity shares of Rs 2 each on conversion of foreign currency convertible bonds (FCCBs).

CORE Education & Technologies allots equity shares On 11 December 2012 The committee of CORE Education & Technologies in its meeting on 11 December 2012 has approved the allotment of 16,346 equity shares of Rs 2 each on conversion of foreign currency convertible bonds. The committee has approved the allotment of 30,160 equity shares of Rs 2 each to the eligible employees of the company and employees of the subsidiary companies under CORE Employee Stock Option Scheme, 2007 & CORE Employee Stock Option Scheme, 2009.

CORE Education & Technologies allots equity shares To employees The shareholders & investors grievance committee of CORE Education & Technologies has approved allotment of 22,492 equity shares of Rs 2 each to employees of the company and subsidiary company under CORE employee stock option scheme 2007 and CORE employee stock option scheme 2009. The paid up equity share capital of the company post this allotment stands increased to Rs 22,86,81,942 comprising of 11,43,40,971 equity shares of Rs 2 each.

CORE Education & Technologies to announce Q2 results Board meeting on 10 November 2012 The board meeting of CORE Education & Technologies will be held on 10 November 2012 to consider and take on record the unaudited financial results for the quarter (Q2) and half year ended 30 September 2012.

Core Education & Technologies allots equity shares Under ESOS The committee of CORE Education & Technologies in its meeting on 15 October 2012 has allotted 68,461 equity shares of Rs 2 each to the eligible employees of the company and employees of the subsidiary companies under CORE Employee Stock Option Scheme 2007 and CORE Employee Stock Option Scheme 2009.

Higher colleges of technology & CORE partner in UAE`s flagship education project To implement next generation solutions In one of the United Arab Emirates` most ambitious campaigns to radically transform its education sector, higher colleges of technology and CORE Education & Consulting Solutions FZ LLC, the UAE subsidiary of CORE Education & Technologies, a leading global education solutions provider, announced their joint collaboration to implement next-generation solutions for teaching, learning and assessment. The historic partnership firmly places the UAE as a frontrunner in the field of digital education in the world by making it one of the few countries to adopt revolutionary technologies in mobile learning (m- learning) and cloud computing through hand-held devices. Building on the popularity of tablet PCs and smartphones, the initiative has revolutionised traditional concepts of teaching and learning, firmly aligning them with cutting-edge 21st century education processes. The objective of this project is to leverage the power of handheld devices such as tablet PCs to transform teaching and learning by bringing the world into the classroom and extending the classroom to the world. The initiative brings knowledge and information to the students and break down the virtual walls of the classroom, allowing students to become the co-creators of their own learning environment through collaborations with their own peers and faculty. Another important feature that has been incorporated into the solution is ipGrowth (Ipsative Growth), a powerful formative assessment solution that measures growth in student achievement by reviewing and interpreting key student data. ipGrowth provides uniquely actionable insights into both a student`s current academic performance as well as his/her understanding.

CORE Education & Technologies bags order Worth Rs 157.45 crore CORE Education & Technologies has signed an agreement with Himachal Pradesh state Government for implementing next-generation solutions for teaching and learning in the state. This will help the state provide computer aided learning solutions in 1471 schools across 12 districts. The total value of the project is Rs 157.45 crore. With this addition, CORE Education would be providing education solutions to around 12,000 schools across India. The company made this announcement during the trading hours today, 27 September 2012.

CORE Education & Technologies to allot equity shares On conversion of FCCBs The shareholders` & investors` grievance committee of CORE Education & Technologies has approved allotment of 10,62,526 equity shares of Rs 2 each against conversion of foreign currency convertible bonds (FCCBs). The paid up equity share capital of the company post this allotment stands increased to Rs 22,85,00,036 comprising of 11,42,50,018 equity shares of Rs 2 each. Post these conversions the total FCCBs outstanding are US$ 49.337 million. The remuneration/compensation committee approved grant of stock options to employees of the company and subsidiary company under CORE employees stock option scheme 2009. The board of directors of the company at its meeting held on 30 August 2012 has approved the above transactions.

Core Education & Technologies allots equity shares Under ESOS The board of CORE Education & Technologies in its meeting on 14 August 2012 has accepted the resignation of K C Ganjwal as independent director from the board of the company due to other assignments undertaken by him. Further, the committee has allotted 47,854 equity shares of Rs 2 each to employees of the company and subsidiary companies under CORE Employee Stock Option Scheme 2007 and CORE Employee Stock Option Scheme 2009.

CORE Education bags Rs 22 crore school contract in Bihar CORE Education & Technologies has announced that Bihar State Government has signed a letter of intent with the company to provide computer aided learning solutions in 168 schools across eight districts, such as Nalanda, Jamul, Nawada, Lakhisarai, Sheikhpura, Khagarai, Saharsa and Begusarai. The total value of the project is Rs 22 crore. With this project, CORE Education is providing education solutions to over 10,000 Government schools in India.

Core Education & Technologies allots equity shares Under ESOS The committee of CORE Education & Technologies in its meeting on 17 July 2012 has approved the allotment of 20,219 equity shares of Rs 2 each to the eligible employees of the company and employees of the subsidiary companies under CORE Employee Stock Option Scheme, 2007 & CORE Employee Stock Option Scheme, 2009. Further, the committee has approved the allotment of 81,732 equity shares of Rs 2 each on conversion of foreign currency convertible bonds (FCCBs).

Core Education & Technologies allots equity shares Under ESOS The committee of CORE Education & Technologies in its meeting on 18 June 2012 has approved allotment of 68,236 equity shares of Rs 2 each to the eligible employees of the company and employees of the subsidiary companies under CORE Employee Stock Option Scheme 2007 & CORE Employee Stock Option Scheme 2009. Further, the committee has approved the allotment of 2,86,065 equity shares of Rs 2 each against conversion of FCCBs.

CORE education in historic joint venture with Mackeen for Qatar`s education transformation Mackeen Holding, a quasi-government business group with diversified interests in Qatar and CORE Education & Consulting Solutions FZ LLC (CORE), a wholly owned subsidiary of CORE Education & Technologies announced their joint venture for developing world-class education environment in Qatar. The joint venture will allow Mackeen and CORE align their educational products and solutions offerings to Qatar`s National Vision 2030 where education is a major focus. Currently, the Qatar government spends an estimated US$ 5.20 billion annually on education alone. As per the terms of the joint venture, Mackeen will own 51% while the rest will be owned by CORE. CORE and Mackeen will also design, conceptualize and implement `CORE Thinking Schools` across the country, further transforming the educational system of Qatar, while introducing global best practices in education project implementation, evaluation and monitoring.

Core Education & Technologies allots equity shares Under ESOS The committee of CORE Education & Technologies in its meeting on 18 May 2012 has allotted 29,570 equity shares of Rs 2- each to the eligible employees/ director of the company under CORE Employee Stock Option Scheme 2007 & CORE Employee Stock Option Scheme 2009. Further, the committee has allotted 1,63,465 equity shares of Rs 2 each against conversion of FCCBs.

CORE Education & Technologies recommends dividend Of Re 0.60 per share The board of CORE Education & Technologies in its meeting on 30 April 2012 has recommended dividend at the rate of Re 0.60 per share (30%) for the financial year 2011-2012.

Core Education & Technologies to consider dividend Board meeting on 30 April 2012 The board meeting of Core Education & Technologies will be held on 30 April 2012 to consider and take on record the audited financial results for the quarter and year ended 31 March 2012 and to consider recommendation of dividend, if any for the financial year 2011-12.

CORE Education & Technologies allots equity shares Under ESOS The committee of CORE Education & Technologies in its meeting on 16 April 2012 has approved the allotment of 18,010 equity shares of Rs 2 each to the employees of the company under CORE Employee Stock Option Scheme, 2007 & CORE Employee Stock Option Scheme, 2009.

Core Education & Technologies allots equity shares Under ESOS The committee of Core Education & Technologies in its meeting on 19 March 2012 has approved the allotment of 18,776 equity shares of Rs 2 each to the employees of the company and employees of the subsidiary companies under Core Employee Stock Option Scheme, 2007 & Core Employee Stock Option Scheme, 2009.

Core Education forays into Middle East Core Education & Technologies has announced its first international foray in higher education by entering Middle East. This venture is in partnership with the Government of Ras Al Khaimah & Birla Institute of Technology, Ranchi (BIT), a premier engineering institute of India.

Core Education & Technologies allots equity shares Under ESOS The committee of Core Education & Technologies has approved allotment of 56,849 equity shares of Rs 2 each to employees of the company and subsidiary companies under Core Employee Stock Option Scheme 2007 and Core Employee Stock Option Scheme 2009. Further, the committee has approved the allotment of 81,732 equity shares of Rs 2 each against conversion of FCCBs.

Core Education & Technologies allots equity shares On 11 January 2012 The committee of Core Education & Technologies in its meeting on 11 January 2012 has approved the allotment of 1,63,465 equity shares of Rs 2 each on conversion of Foreign Currency Convertible Bonds (FCCBs). Further, the committee has approved the allotment of 21,664 equity shares of Rs 2 each to employee of the Subsidiary Company Scheme, 2007 & Core Employee Stock Option Scheme 2007 & Core Employee Stock Option scheme, 2009.

Core Education & Technologies allots equity shares On 20 December 2011 The committee of Core Education & Technologies in its meeting on 20 December 2011 has approved the allotment of 87,309 equity shares of Rs 2 each to the employees of the company and employees of the subsidiary companies under CORE Employee Stock Option Scheme, 2007 & CORE Employee Stock Option Scheme, 2009. Further, the committee has approved the allotment of 1,63,465 equity shares of Rs 2 each on conversion of Foreign Currency Convertible Bonds (FCCBs). The paid-up share capital of the company post these allotments stands enhanced to Rs 22.43 crore comprising 11,21,29,855 equity shares of Rs 2 each.

Core Education & Technologies allots equity shares Under ESOS The committee of Core Education & Technologies in its meeting on 28 November 2011 has approved the allotment of 26,689 equity shares of Rs 2 each to the employees of the company and employees of the subsidiary companies under CORE Employee Stock Option Scheme, 2007 & CORE Employee Stock Option Scheme, 2009. The committee has approved the allotment of 2,45,197 equity shares of Rs 2 each on conversion of Foreign Currency Convertible Bonds (FCCBs).

CORE Education & Technologies allots equity shares On conversion of FCCBs The committee of CORE Education & Technologies has approved the allotment of 3,75,152 equity shares of Rs 2 each against conversion of FCCBs. The paid up equity share capital of the company post this allotment stands increased to Rs 22.32 crore comprising of 11,16,07,195 equity shares of Rs 2 each.

CORE Education & Technologies allots equity shares Under ESOS The committee of CORE Education & Technologies in its meeting on 18 October 2011 has allotted 62,159 equity shares of Rs 2 each to the employees of the company and employees of the subsidiary companies under CORE Employee Stock Option Scheme, 2007 & CORE Employee Stock Option Scheme, 2009.

CORE Education & Technologies allots equity shares On conversion of FCCBs The committee of CORE Education & Technologies in its meeting on 30 September 2011 has approved the allotment of 1,63,465 equity shares of Rs 2 each on conversion of Foreign Currency Convertible Bonds (FCCBs).

Core Education & Technologies allots equity shares Under ESOS The committee of Core Education & Technologies in its meeting on 20 September 2011 has allotted 62,651 equity shares of Rs 2 each to the employees / director of the company and employees of the subsidiary companies under CORE Employee Stock Option Scheme, 2007 & CORE Employee Stock Option Scheme, 2009. Further, the committee has allotted 32,693 equity shares of Rs 2 each against conversion of FCCBs.

Core Education & Technologies to allot equity shares On conversion of FCCBs The Shareholders / Investors Grievance Committee of Core Education & Technologies at its meeting held on 09 September 2011 approved the allotment of 49,203 equity shares of Rs 2 each on conversion of foreign currency convertible bonds (FCCBs). The paid-up capital of the company after the above allotment stands increased to Rs 22,18,22,150 comprising of 11,09,11,075 number of equity shares of Rs 2 each.

Core Projects & Technologies allots equity shares Under ESOS The committee of Core Projects & Technologies in its meeting on 22 August 2011 has allotted 54,356 equity shares of Rs 2 each to the eligible employees / director of the company and an employee of the subsidiary company under Core Employee Stock Option Scheme, 2007 and Core Employee Stock Option Scheme 2009. The paid-up share capital of the company, post this allotment stands enhanced to Rs 22.17 crore comprising 11,08,61,872 equity shares of Rs 2 each.

Core Projects & Technologies changes its name To Core Education & Technologies Core Projects & Technologies has received approval from the Registrar of Companies, Mumbai, Maharashtra, Ministry of Corporate Affairs, Government of India for the change in name of the company from Core Projects & Technologies to Core Education & Technologies with effect from 17 August 2011.

Core Projects and Technologies bags order worth Rs 124 crore From Gujarat Government Core Projects and Technologies has crossed a major milestone crossing a tally of over 9,000 schools in India in a record span of just over a year. Core has bagged its second large contract from Gujarat Government to implement Computer Aided Learning (CAL) in 3236 Primary Schools in the State of Gujarat for Rs 124 crore. Core is already present in 645 schools in Gujarat through an earlier Information and Communication Technology (ICT) contract. The company has also bagged similar CAL & ICT contracts for 2,622 schools in Haryana, 1,250 in Punjab, 947 in Maharashtra, 267 in Meghalaya and 73 schools in Nagaland.

Core Projects & Technologies allots equity shares On conversion of FCCBs The committee of Core Projects & Technologies in its meeting on 30 July 2011 has approved allotment of 81,732 equity shares of Rs 2 each against conversion of FCCBs. The paid up equity share capital of the company, post this allotment stands increased to Rs 22.16 crore comprising of 11,08,07,516 equity shares of Rs 2 each.

Core Projects & Technologies to announce Q1 results Board meeting on 30 July 2011 The board meeting of Core Projects & Technologies will be held on 30 July 2011 to consider and take on record the un-audited financial results of the company for the quarter ended 30 June 2011 (Q1).

Core Projects & Technologies allots equity shares Under ESOS The committee of Core Projects & Technologies in its meeting on 20 July 2011 has approved the allotment of 1,48,643 equity shares of Rs 2 each to the eligible employees, directors and employees of the company and employees subsidiaries Companies under Core Employees Stock Option Scheme, 2007 & Core Employees Stock Option Scheme, 2009. The paid-up equity share capital of the company, post this allotment stands enhanced to Rs 22.15 crore comprising of 11,07,25,784 equity shares of Rs 2 each.

Core Projects & Technologies` committe approves allotment of equity shares Under ESOS The shareholders & investors grievance committee of the Core Projects & Technologies in its meeting on 17 June 2011 has approved the allotment of 1,07,373 equity shares to the eligible employees of the company, directors and employees of the subsidiaries under CORE Employees Stock Option Scheme, 2007 & CORE Employees Stock Option Scheme, 2009. The paid-up equity share capital of the company post this allotment stands enhanced to Rs 22.12 crore compris!ng of 11,05,77,141 equity shares of Rs 2 each.

Core Projects & Technologies appoints director With effect from 10 June 2011 The board of Core Projects & Technologies in its meeting on 10 June 2011 has approved the appointment of Maya Sinha as executive director of the company, subject to approval of shareholders.

Core Projects & Technologies allots equity shares Under ESOS The board of Core Projects & Technologies in its meeting on 26 May 2011 has approved the allotment of 7,777 equity shares of Rs 2 each to the employee of subsidiary company under CORE Employee stock Option Scheme, 2007. The paid up share capital of the company post this allotment will be Rs 22.09 crore comprising 11,04,69,768 equity shares of Rs 2 each.

Core Projects acquires US$ 35 million UK based education firm Core Projects & Technologies has announced its acquisition of ITN Mark Education, an UK based education solutions company. Core acquired ITN Mark of about US$ 25 million through its subsidiary Core Education and Consulting Solutions (UK). ITN Mark has topline of US$ 33-35 million and current EBIT margins are round 12 percent. The company made this announcement on 24 May 2011.

Core Projects & Technologies to consider dividend Board meeting on 26 May 2011 The board meeting of Core Projects & Technologies will be held on 26 May 2011 to consider the audited financial results for the quarter and year ended 31 March 2011 and to consider recommendation of dividend, if any.

Core Projects & Technologies allots equity shares Under ESOS The committee of Core Projects & Technologies in its on 16 May 2011 has allotted 40,976 equity shares of Rs 2 each to the employees of the company and employee of the subsidiary company under CORE Employee Stock Option Scheme, 2007 & CORE Employee Stock Option Scheme, 2009. The paid-up share capital of the company post this allotment stands enhanced to Rs 22.09 crore comprising 11,04,61,991 equity shares of Rs 2 each.

Core Projects & Technologies allots equity shares On conversion of FCCBs The committee of Core Projects & Technologies in its meeting on 06 May 2011 has allotted, 7,19,248 equity shares of Rs 2 each to bond holders against conversion of FCCBs. The paid up share capital of the Company post this allotment will be Rs 22.08 crore comprising 11,04,21,015 equity shares of Rs 2 each.

Core Projects gets Government approval to establish industrial training center Core Projects & Technologies has received approval from the Ministry of Higher and Technical Education, Maharashtra for establishing industrial training center (ITC) in Mahape, Navi Mumbai. The company made this announcement during the trading hours today, 18 April 2011.

Core Projects & Technologies appoints additional director Core Projects & Technologies has approved appointment of Arun Nigavekar as additional director of the company. Sanjeev Mansotra will step down as managing director of the company and will continue as non-executive chairman.

Core Projects & Technologies allots equity shares On preferential basis The committee of Core Projects & Technologies in its meeting on 30 March 2011 has allotted 36,50,451 equity shares of Rs 2 each of the company to Core InfraPower on preferential basis.

Core Projects & Technologies allots equity shares Under ESOS The committee of Core Projects & Technologies in its meeting on 18 March 2011 has allotted 25,736 equity shares of Rs 2 each to the eligible employees / director of the company and employee of the subsidiary company under CORE Employee Stock Option Scheme, 2007 and CORE Employee Stock Option Scheme, 2009. Further, the committee has allotted 35,472 equity shares of Rs 2 each against conversion of FCCBs. The paid-up share capital of the company, the post allotment stands at Rs 21.10 crore comprising 10,54,95,185 equity shares of Rs 2 each.

Core Projects bags one of India`s biggest education projects Worth Rs 295 crore In one of the biggest ICT (Information and Communication Technology) projects, Core Projects and Technologies has bagged a prestigious contract from Haryana Government aimed at benefiting five million students in 2622 schools of which 5 schools will be developed as `Smart schools. The ICT project, valued at about Rs 295 crore is a part of the Government program aimed at strengthening school education across the country. This project is expected to augment the focus of the Government to improve the quality of education in schools by ushering in enhanced use of technology.

Core Projects & Technologies allots equity shares Under ESOS The committee of Core Projects & Technologies in its meeting on 11 February 2011 has approved the allotment of 24,705 equity shares of Rs 2 each to the eligible employees, who have exercised their stock options granted under Core Employee Stock Options Scheme, 2007 and Core Employee Stock Options Scheme, 2009. Further, the committee has approved the allotment of 15,49,549 equity Shares of the Company to CORE Infrapower forming part of promoter group company against exercise of outstanding warrants allotted on preferential basis.