Zee Learn and Subsidiary Face ₹821 Crore Insolvency Petition

Date: September 27, 2026

Insolvency Proceedings Initiation:

Zee Learn Limited and its wholly owned subsidiary Digital Ventures Private Limited (DVPL) have received emails dated September 26, 2026 from the advocate representing Asset Care & Reconstruction Enterprise Limited (ACRE)
The emails contain advance service of unnumbered petition(s) filed by ACRE before the Hon'ble National Company Law Tribunal, Mumbai Bench
ACRE, as a financial creditor, has filed application(s) under Section 7 of the Insolvency and Bankruptcy Code, 2016
The petition seeks initiation of Corporate Insolvency Resolution Process (CIRP) against both Zee Learn Limited and Digital Ventures Private Limited
The alleged amount of default specified in the application(s) is approximately ₹821 crores

Company Response and Legal Position:

The Company and DVPL will take steps as may be advised by their legal counsels
The disclosure is made without prejudice to their legal rights and remedies available under applicable law
The company commits to keeping stock exchanges informed of any material developments in the matter

Regulatory Compliance:

Disclosure made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Complies with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024
Detailed annexure (Annexure A) attached providing requisite details as per regulatory requirements