StockWatch
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Education
Board Meeting29 Jul 2026, 09:30 pm

Zee Learn Board Approves Q1 FY27 Unaudited Results, Divestment of Subsidiary

AI Summary

Zee Learn Limited's Board of Directors met on July 29, 2026, to approve the unaudited financial results for the quarter ended June 30, 2026, on both standalone and consolidated basis. The board also approved the divestment of the company's entire shareholding in its wholly-owned subsidiary, Liberium Global Resources Private Limited, to Creantum Security Solutions Private Limited, subject to shareholder approval. Liberium contributed ₹10,490 Lakhs in turnover and incurred a loss of ₹809 Lakhs in FY26.

Key Highlights

  • Board approved Q1 FY27 unaudited financial results.
  • Divestment of entire stake in Liberium Global Resources approved.
  • Proposed divestment is to an unrelated third party.
  • Shareholder approval is required for the divestment.
  • Liberium contributed significantly to FY26 turnover and PAT loss.