Zee Learn Limited — Board Meeting, 18-11-2024: Outcome of Board Meeting

The Board of Directors of Zee Learn Limited has approved the execution of a Supplemental Facilities Agreement and other financing documents with Assets Care & Reconstruction Enterprises Limited (ACRE) to manage the repayment of outstanding loans associated with certain trusts and entities. Additionally, some promoter group entities have agreed to extend security on their assets to further secure these loans. This strategic move may enhance the company’s financial stability and demonstrate the commitment of its promoters.