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Date: April 25, 2022 | |
To, | |
BSE Limited | The National Stock Exchange of India Limited |
Corporate Relationship Department, | Exchange Plaza, |
Phiroze Jeejeebhoy Towers, | Block G, C-1, Bandra-Kurla Complex, |
Dalal Sh·eet, Fort, | Bandra (East), |
Mumbai-400 001 | Mumbai-400 051 |
BSE Scrip Code: 533287 | NSE SYMBOL: ZEELEARN |
Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015.
Dear Sir/Ma'am,
Pursuant to Regulation 30 read with Clause 16 of Para A of Part A of Schedule Ill of SEBI (Listing Obligahons 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 the Company, before the Hon'ble 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) 301/MB/2022} on April 25, 2022.
As per the above said petition, Yes Bank Limited has allegedly claimed that the total amount in default with respect to the financial facility is Rs. 468 Crores . However, the Company is compiling information to verify the facts claimed in said petition filed by Yes Bank Limited.
The Company shall keep the exchange updated of the further developments in the matter.
We request you to kindly take the aforesaid information on your record.
Thanking you.
Yours faithfully,
Fo~
N LIMITED
ANIL GUPTA
COMPANY SECRETARY & COMPLIANCE OFFICER
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Zee Learn Ltd. published this content on 25 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 April 2022 13:48:04 UTC.