Everonn Education ltd - Initiate legal proceedings

Everonn Education Ltd has informed BSE that the Company has decided to initiate legal proceedings against Mr. P. Kishore (former Managing Director), Mr. Nikhil Gandhi (former Director of the Company and promoter of SKIL Infrastructure Ltd, a company forming part of the promoter Group of Everonn Education Limited) and various other individuals and entities on account of the fraudulent transactions/ activities undertaken by them or at their behest against the Company.