- By Group 2

What were the advantages of each fund from

Suryas point of view ?

1. Higher Promoter Equity (78.5% + 9.5% )

2. Less interference on Board (1 Investor
Director)

3. Less dilution of Suryas stock.

4. Promise of not selling its share to Suryas
Competitors.
1. Higher Stock price offered.
(3000/share vs. 2151/share)

2. Low interference in future business plans of
Surya.

3. Good portfolio of international companies in
education sector.

1. More control should rests with Promoters.

2. People value relationship esp. in business
matters.

3. Strategic Alliance.

4. Negotiate with ZenCap using Blackgems
offer.