Zee Learn Limited — Important, 05-06-2025: Disclosure of material issue
05-06-2025 | 01:16 pm
05-06-2025 | 01:16 pm
Zee Learn’s subsidiary Digital Ventures Private Limited had entered insolvency due to a petition by Axis Bank, with debt assigned to ACRE. ACRE has now decided not to pursue the insolvency process, signaling progress toward an amicable resolution. This removes near-term insolvency risk for DVPL and could enhance credit stability. Zee Learn is actively working with stakeholders to finalize the settlement and exit the process smoothly.
No comments yet. Be the first to comment!
