Western Overseas UDIT Madrid Student Recruitment Agreement

Agreement Details

Western Overseas Study Abroad Limited has entered into an Agreement with the University of Design, Innovation and Technology (UDIT), Madrid, Spain. The company has been authorized to act as a representative of UDIT for the purpose of selection and recruitment of students for higher education programmes offered by the university.

Transaction Characteristics

The Agreement was entered into in the ordinary course of business. The promoter/promoter group of the Company does not have any interest in the University, and the Agreement does not fall within the ambit of related party transactions.

Expected Impact

This collaboration is expected to enhance the Company's international presence and strengthen its position in the overseas education consultancy sector, thereby contributing positively to its growth. No specific financial impact or quantification provided in the disclosure.