Zee Learn

Zee Learn Limited appointed Rakesh Chaturvedi as Chief Financial Officer, effective November 7, 2025. The appointment was approved by the Board of Directors following recommendations from the Nomination and Remuneration Committee and Audit Committee. Chaturvedi brings nearly 30 years of experience in finance and risk management across media and technology sectors. He previously served as Executive Vice President-Risk, Internal Audit and Financial Controls at Zee Entertainment Enterprises Limited, where he managed internal audit strategy and risk management frameworks. He also worked as Chief Financial Officer at India Web portal Private Limited and held senior positions at BT Global Communication India and Allsec Technologies. Chaturvedi holds dual master's degrees in Commerce and MBA (Finance), along with a Bachelor of Laws and a Doctorate. The company has designated him as Key Managerial Personnel authorized to determine materiality of events for stock exchange disclosures.

Anish Shah has resigned from his position as Chief Financial Officer and Key Managerial Personnel of Zee Learn Limited with immediate effect from November 6, 2025. Shah cited his decision to pursue opportunities outside the company for professional growth and development. In his resignation letter, he confirmed there are no other material reasons for his departure beyond those stated. Shah expressed gratitude to the Board and organization for their support during his tenure and stated he will serve his full notice period to help with the transition.

Zee Learn Limited announced its quarterly results for the period ended September 30, 2025. On a standalone basis, the company reported revenue from operations of Rs 3,927.02 lakhs and net profit after tax of Rs 47.82 lakhs. On a consolidated basis, revenue reached Rs 7,425.28 lakhs but the company recorded a net loss of Rs 614.08 lakhs. The company continues to face significant financial challenges related to corporate guarantee obligations totaling Rs 65,339.49 lakhs owed to Assets Care Reconstruction Enterprise Limited (ACRE). The auditors issued qualified opinions on both standalone and consolidated results, citing concerns about impairment assessments of receivables worth Rs 73,487.04 lakhs from four trusts and the company's investments in subsidiary Digital Ventures Private Limited worth Rs 34,332.98 lakhs. The subsidiary DVPL remains under Corporate Insolvency Resolution Process proceedings, though an application for withdrawal has been filed. Despite these challenges, management believes the amounts will be recovered through asset monetization and has prepared the financial statements on a going concern basis.