Zee Learn Ltd signs settlement agreement with J C Flowers Asset Reconstruction Pvt Ltd

Zee Learn Limited has signed settlement agreement with J.C. Flowers Asset Reconstruction Private Limited on August 7, 2023 to settle its obligations with respect to loans borrowed by certain trusts and entities. Till the time the loans are settled in terms thereof and legal proceedings initiated in connection therewith are either settled/withdrawn, the matters covered under the legal proceedings remain sub judice.

Shares of Zee Learn Limited was last trading in BSE at Rs. 3.37 as compared to the previous close of Rs. 3.31. The total number of shares traded during the day was 305492 in over 80 trades.

The stock hit an intraday high of Rs. 3.37 and intraday low of 3.37. The net turnover during the day was Rs. 1029508.00.

Source : Equity Bulls

Keywords

ZeeLearn INE565L01011 SettlementAgreement JCFlowersAssetReconstruction