Western Overseas Study Abroad Ltd Partners with RACUS Group for Student Recruitment in Russia
Western Overseas Study Abroad Limited has entered into an agreement with the RACUS GROUP, a collective of Russian State Universities based in Saint Petersburg. The partnership is set to support the company's operations in the overseas education consultancy sector.Under the new arrangement, Western Overseas Study Abroad Ltd has been granted authorization to serve as a representative for the Group of Russian State Universities. This role involves attracting and recruiting citizens of India who wish to pursue higher education at the specified institutions within Russia. Furthermore, the company will manage the preparation and transfer or sending of application documents for candidates to the University, ensuring compliance with the requirements set by both the admission committees and the Ministry of Science and Higher Education of the Russian Federation.
The agreement was established in the ordinary course of business operations. The promoter group of Western Overseas Study Abroad Ltd has no vested interest in the University, confirming that the collaboration does not constitute a related party transaction.
Stock Price Movement
As of 10:25, shares of Western Overseas Study Abroad Ltd are holding steady at ₹19.50 in the market.The stock is currently locked into a completely flat intraday range, maintaining its price stability at ₹19.50.
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