New Delhi, October 28, 2018: Aakash Educational Services Limited (AESL), that provides comprehensive test preparatory services for students preparing for medical and engineering entrance examinations and foundation courses (covering school boards and junior competitive examinations), carried out one of its scholarship exams, Aakash National Talent Hunt Exam (ANTHE) on October 28. Students studying in Class 8, 9 and 10 gave the exam which aims to offer up to 100% scholarship and cash scholarship awards to students. The exam was conducted in both pen & paper and Computer Based Test (CBT) format to correspond with the government’s decision to conduct entrance examinations such as JEE (Main) in CBT format. While 308912 students wrote the pen & paper test, 5250 students took the test in the CBT mode.
Aakash conducted ANTHE with a hope to motivate students to aim for an enriching career in medical & engineering stream. The exam received the support and appreciation from school community and parents resulting in over 314162 students participating in ANTHE 2018.
The objective of ANTHE has always been to identify students so that they can be nurtured and groomed for better performance in school & various entrance/competitive exams.
A total of 314162 students appeared for ANTHE 2018 to earn the ANTHE scholarship.
Mr. Aakash Chaudhry, Chief Executive Officer (CEO) and Whole-time Director at Aakash Educational Services Limited (AESL) said “This year a total of 314162 students appeared for ANTHE 2018 to earn the ANTHE scholarship. For us at Aakash, ANTHE symbolizes what we as a corporate can and should do to promote and empower students who aim to achieve their goals. It offers students a platform, where they can compete with the intellectual young minds of the country and know their potential at All India Level. Like every year, this year’s recipients have a spirit of learning and dedication. It is our pleasure to help them aim for their educational goals through this program.”
Top 50 students from each Class, 8, 9 and 10 respectively, will be eligible for 100% scholarship as per the terms and policies of AESL. From Class 10, Top 1000 students (Engineering Aspirants) and Top 500 students (Medical Aspirants) are eligible for up to 100% Scholarship. In addition, Top 150 students from Class 8 and 9 will be given up to 100% scholarship. Additionally, Top 150 ranking students in each class will also be eligible for Cash Scholarship Awards. Through this scholarship, Aakash is aiming to empower a number of students to fulfill their aspirations. The monetary incentives may encourage more and more candidates to utilize AESL’s coaching without financial constraints.
The countrywide talent hunt exam which has been conducted across 23 States/union territories aimed to cover all the zones- North, South, East and West with all the major states and union territories of India. In alphabetical order, the names of states include Andhra Pradesh, Assam, Bihar, Chhattisgarh, Delhi, Goa, Gujarat, Haryana, Himachal Pradesh, Jammu and Kashmir, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Odisha, Punjab, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh, Uttarakhand and West Bengal.
About Aakash Educational Services Limited (AESL)
We provide comprehensive test preparatory services for students preparing for medical and engineering entrance examinations, school board exams and competitive exams such as NTSE, KVPY and Olympiads. We believe our “Aakash” brand is associated with quality coaching and a proven student selection track record in various medical and engineering entrance examinations. We have 30 years of operational experience in the test preparatory industry with a number of selections in Medical & Engineering entrance exams. As of March 31, 2018, we have a pan India network of 170 Aakash Centres across 103 cities and 23 states/ union territories, of which we operate 67 through franchisee arrangements, and a student count of 193,313 in our long-term classroom courses (including at Franchisee centres), and a student count of 16,250 in our digital and distance learning courses.
“Aakash Educational Services Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offering of its equity shares and has filed a Draft Red Herring Prospectus “DRHP” with the Securities and Exchange Board of India “SEBI”. The DRHP is available on the websites of the SEBI, the BSE Limited and the National Stock Exchange of India Limited at www.sebi.gov.in, www.bseindia.com and www.nseindia.com, respectively, and the respective websites of the Book Running Lead Managers at http://www.investmentbank.kotak.com/offer-documents/, http://www.online.citibank.co.in/rhtm/citigroupglobalscreen1.htm and www.india.clsa.com
Investors should note that investment in equity shares involves a high degree of risk. For details, potential investors should refer to the Red Herring Prospectus/Prospectus which may be filed with the Registrar of Companies, National Capital Territory of Delhi and Haryana, located at New Delhi, in future including the section titled “Risk Factors”. Potential investors should not rely on the DRHP in making any investment decision.”