Zee Learn Limited to Strike Off Subsidiary, Academia Edificio Private Limited
Zee Learn Limited announced on March 18, 2026, that its Board of Directors has approved the filing of an application under Section 248(2) of the Companies Act, 2013, to strike off Academia Edificio Private Limited, a wholly-owned subsidiary. The decision was made through a resolution passed via circulation.Academia Edificio Private Limited has not commenced any business operations or undertaken any activities since its incorporation and is not considered a material subsidiary of Zee Learn Limited.
The move is not expected to have a material impact on the company’s operations or financial position.
According to financial data for fiscal year 2024-25, the subsidiary's contribution to Zee Learn Limited was minimal, with zero turnover (0%) and a net worth of Rs. 18.38 lakh (0%).
Financial Contribution of Academia Edificio Private Limited (FY 2024-25)
| Particulars | Information |
|---|---|
| Turnover | Nil (0%) |
| Net Worth | Rs. 18.38 lakh (0%) |
The transaction does not involve any sale, disposal, or agreement, and is not classified as a related party transaction.
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