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| Exchange Disseminated Time | Zee Learn Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 23, 2015, have accorded approval to following business;
1. Unanimously approved Scheme of Amalgamation (“Scheme”) between Tree House Education & Accessories Limited and Zee Learn Limited for merger of Tree House Education & Accessories Limited with Zee Learn Limited. The Scheme will be implemented subject to approval of shareholders and / or creditors of the Company and applicable regulatory authorities including SEBI / Stock Exchanges and Hon’ble Bombay High Court;
2. Took on record Valuation Report submitted by M/s SSPA & Co. (Chartered Accountants);
3. Took on record the Fairness Opinion on the Valuation Report of M/s SSPA & Co. (Chartered Accountants) by IDBI Capital Market Services Limited. |
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