Luxor acquires 60% stake in Playhouse

New Delhi, July 17 (UNI) The Luxor Group, a major company dealing in writing instruments, has marked it's entry into the education sector by acquiring a 60 per cent stake in Playhouse, the second oldest preparatory school in New Delhi.

"Our aim is to see Playhouse as the most popular chain of preschools in Delhi within the next 18 months," Luxor Writing Instruments Executive Director Pooja Jain said speaking on this acquisition.

The Playhouse founded in 1955 by Mrs Bimla Nanda Bissellis has branches in Tughlaq Lane and New Friends Colony and concentrates on extracarricullar activities apart from education.

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