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Zee Learn to invest Rs 200 cr in MT Educare

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Capital Market
Last Updated : Feb 15 2018 | 9:50 AM IST
Zee Learn announced that it has signed definitive agreements to:

Invest Rs. 200 crore in MT Educare through a preferential allotment of equity shares (face value Rs.10/- per share) for a stake of 44.53% in the expanded share capital of MT Educare.

The execution of definitive agreements has triggered the requirement to make an Open Offer and the regulations therewith will be complied.

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First Published: Feb 15 2018 | 9:42 AM IST

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