09:24 PM, 7th Dec 2022
Pursuant to Regulation 30 read with Clause 16 of Para A of Part A of Schedule Ill of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 this is to inform you that a petition under Section 7 of the Insolvency and Bankruptcy Code 2016 has been filed by Yes Bank Limited to initiate Corporate Insolvency Resolution Process (CIRP) of Digital Ventures Private Limited (Wholly Owned Subsidiary of Zee Learn Limited) before the Honble National Company Law Tribunal Mumbai.In this context we would like to inform you that the Company has received the notice of said Case: CP (IB) 1188/MB/2022) from Honble NCLT Mumbai. The Company is compiling information to verify the facts claimed in said petition filed by Yes Bank Limited.