The company was incorporated as ‘S. Chand & Co. Private Limited’ on September 9, 1970 as a private limited company under the Companies Act, 1956 with the Registrar of Companies, Delhi (RoC Delhi). It became a deemed public limited company under Section 43A(1) of the Companies Act, 1956 and, the RoC Delhi certified its change of name to ‘S. Chand & Co. Limited’ 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 its change of name to ‘S. Chand and Company Private Limited’ was issued by the Registrar of Companies, NCT of Delhi and Haryana, at New Delhi (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, its name was changed to ‘S. Chand and Company Limited’.

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 its change of name to ‘S. Chand and Company Limited’ 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 its change of name to ‘S Chand and Company Private Limited’ 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 its change of name to ‘S Chand and Company Limited’ was issued by the RoC on September 8, 2016.

The company is the leading K-12 education content company in terms of revenue from operations in Fiscal 2016, with a strong presence in the CBSE/ICSE affiliated schools and increasing presence in the state board affiliated schools across India. As of December 31, 2016, it offered 55 consumer brands across knowledge products and services including S. Chand, Vikas, Madhubun, Saraswati, Destination Success and Ignitor. These brands have benefited by the company’s strong brand management philosophy which embraces consistent efforts to upgrade content quality and to update content regularly. The company’s textbooks and instructional materials are supported by its offering of technology driven methods of education and digital learning. It sells its knowledge products and services to schools and to students across their lifecycle through its extensive pan-India network of sales offices, distributors and dealers.

Business area of the company

The company is a leading Indian education content company in terms of revenue from operations in Fiscal 2016. It delivers content, solutions and services across the education lifecycle through its K-12, higher education and early learning segments.

Major events and milestones

• 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 course curriculum in Science and Mathematics for classes 9-12, funded by International Development Association.
• 2007: The company filed an application in the High Court 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.
• 2010: 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.
• 2012: Everstone invested ` 1,700 million into the company.
• 2012: The company acquired 100% stake in VPHPL.
• 2014: Printing plant set up at Sahibabad by VPHPL.
• 2014: The company acquired majority shareholding of 51% in NSHPL.
• 2014: The company achieved consolidated revenue of more than Rs 3,000 million.
• 2014: Safari Digital, one of the company’s Subsidiaries, acquired minority shareholding of 31.21% on a fully diluted basis in ETIPL.
• 2014: The company and Safari Digital acquired 49.99% shareholding of EMPG BV in its joint venture S Chand Harcourt (India) Private Limited (now DSDPL).
• 2015: Everstone and International Finance Corporation invested Rs 600 million and Rs 1,100 million respectively in the company.
• 2015: The company exceeded consolidated revenue of Rs 4,000 million.
• 2015: The company acquired minority equity stake of 25.5% on a fully diluted basis in SLPL.
• 2015: Safari Digital launched its mobile application, myStudyGear.
• 2015: 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.
• 2016: The company exceeded consolidated revenue of Rs 5,000 million.
• 2016: Safari Digital acquired minority shareholding of 15.34% on a fully diluted basis in Testbook Edu Solutions Private Limited (formerly Share Infotech Private Limited).
• 2016: Safari Digital acquired minority shareholding of 10.15% on a fully diluted basis in Gyankosh Solutions Private Limited.
• 2016: Safari Digital launched its curriculum solutions for K-12 under the brand ‘Mylestone’.
• 2016: The company and EPHL, one of the company’s Subsidiaries, together, acquired 74% shareholding of Chhaya Prakashani Private Limited.