04 Apr, 09:54 - Indian

SENSEX 75674.61 (-0.81)

Nifty 50 22986.2 (-1.14)

Nifty Bank 51578.4 (-0.04)

Nifty IT 33996.45 (-2.19)

Nifty Midcap 100 50896.7 (-2.43)

Nifty Next 50 61902.4 (-1.90)

Nifty Pharma 20448.3 (-4.55)

Nifty Smallcap 100 15829.45 (-2.62)

04 Apr, 09:54 - Global

NIKKEI 225 33444.7 (-3.72)

HANG SENG 22849.81 (-1.52)

S&P 5411.75 (-0.61)

LOGIN HERE

flagZee Learn Ltd

You are Here : Home > Markets > CompanyInformation > Company Background
BSE Code : 533287 | NSE Symbol : ZEELEARN | ISIN : INE565L01011 | Industry : Computer Education |


Company History

Zee Learn Ltd was incorporated on January 4, 2010 in the State of Maharashtra. The company obtained certificate of commencement of business on January 20, 2010. The Company is one of the most diversified premium education companies which deliver learning solutions and training to various segments of society through their multiple products viz. Kidzee, Mount Litera Zee Schools, Mount Litera World Preschool, Zee Institute of Media Arts (ZIMA), Zee Institute of Creative Arts (ZICA) and E - Learning Online Education and Testing.

The company's stated purpose is to improve human capital by providing quality education through their chain of Schools, pre-schools, youth vocational institutes and online ventures.

Mount Litera Zee Schools are the fastest growing chain of K-12 schools in India with over 65 schools coming up in the country. Kidzee is the largest chain of preschools with over 700 pre-schools. ZICA has now 25 Animation Training Institutes. Litmus, their test engine runs examinations and testing for Corporates.

As per the scheme of arrangement between ETC Networks Ltd, Zee Entertainment Enterprises Ltd and the company, the erstwhile ETC Networks Ltd merged and vested in Zee Entertainment Enterprises Ltd0 on March 31, 2010. Upon such merger, the education business undertaking of Zee Entertainment Enterprises Ltd was de-merged and vested in the company with effect from April 1, 2010.

In accordance with the Composite Scheme, upon merger and subsequent de-merger, the entire Business, assets, properties and liabilities of the Education Business Undertaking of Zee Entertainment Enterprises Ltd was transferred to and vested with the company with effect from April 1, 2010.

The company shares were listed on the Bombay Stock Exchange Ltd and National Stock Exchange Ltd with effect from December 20, 2010.

During the year 2010, the Company added 206 new Kidzees, 33 new Mount Litera Zee Schools and 10 new ZICAs into its franchise system; it added 310 new KidZee centers, 28 new Mount Litera Zee Schools, 4 new ZICA centers into its franchise system in 2011-12.

In 2011-12, the Scheme of Amalgamation for Merger of Essel Entertainment Media Limited (EEML) with the Company on March 28, 2011, became effective on June 30, 2011. Consequently, the entire undertaking of EEML along with all its assets and liabilities including its investment in wholly owned subsidiary Digital Ventures Private Limited as on March 31, 2011 (Appointed Date) got vested on the Company and accordingly, Digital Ventures Private Limited became wholly owned subsidiary of the Company effective from June 30, 2011.. In accordance with the said Scheme of Amalgamation, Company had on July 1, 2011 issued 14,00,00,000 Equity Shares of Re 1/- each of the Company for 70,00,00,000 Equity Shares held by the shareholders of EEML i.e. in the ratio of 1 Equity Share of Re 1/- each of the Company for every 5 Equity Shares of Re 1/- each held in EEML.

During year 2016, Academia Edificio Private Limited was incorporated on January 14, 2016 as Wholly Owned Subsidiary of Company.

During the year 2017, Liberium Global Resources Private Limited was incorporated on March 27, 2017 as wholly owned subsidiary of the Company.

In 2018-19, the Company subscribed for 3,19,64,200 Equity Shares as preferential allotment in MT Educare Ltd. and thru post preferential allotment, it owned a 44.53% stake in MT Educare Ltd. making it a subsidiary of the Company.

In 2020, Mount Litera Zee Schools (MLZS) made 139 schools operational.

Capital Market Publishers India Pvt. Ltd

401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071, India.

Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date.

Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements.

While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance.

The power of the database is harnessed by our fired-up reporters to generate interesting ideas. The reader-friendly presentation of the idea, supplemented by relevant data and information, can be accessed online through Capita Telefolio and Telefolio Gold. These ideas are used by individual investors as well as institutional investors to do further research and stay ahead.

Copyright @ Capital Market Publishers India Pvt.Ltd

Designed, Developed and maintained by CMOTS Infotech (ISO 9001:2015 Certified)

Site best viewed in Internet Explorer Edge ,   Google Chrome 115.0.5790.111 + ,   Mozilla Firefox 115.0.3 + ,   Opera 30.0+, Safari 16.4.1 +