About
Zee Learn Ltd
Zee Learn Ltd was incorporated on January 4, 2010 in the State of Maharashtra. The company obtained certificate of commencement of business on January 20, 2010. The Company is one of the most diversified premium education companies which deliver learning solutions and training to various segments of society through their multiple products viz. Kidzee, Mount Litera Zee Schools, Mount Litera World Preschool, Zee Institute of Media Arts (ZIMA), Zee Institute of Creative Arts (ZICA) and E - Learning Online Education and Testing.
The company's stated purpose is to improve human capital by providing quality education through their chain of Schools, pre-schools, youth vocational institutes and online ventures.
Mount Litera Zee Schools are the fastest growing chain of K-12 schools in India with over 65 schools coming up in the country. Kidzee is the largest chain of preschools with over 700 pre-schools. ZICA has now 25 Animation Training Institutes. Litmus, their test engine runs examinations and testing for Corporates.
As per the scheme of arrangement between ETC Networks Ltd, Zee Entertainment Enterprises Ltd and the company, the erstwhile ETC Networks Ltd merged and vested in Zee Entertainment Enterprises Ltd0 on March 31, 2010. Upon such merger, the education business undertaking of Zee Entertainment Enterprises Ltd was de-merged and vested in the company with effect from April 1, 2010.
In accordance with the Composite Scheme, upon merger and subsequent de-merger, the entire Business, assets, properties and liabilities of the Education Business Undertaking of Zee Entertainment Enterprises Ltd was transferred to and vested with the company with effect from April 1, 2010.
The company shares were listed on the Bombay Stock Exchange Ltd and National Stock Exchange Ltd with effect from December 20, 2010.
During the year 2010, the Company added 206 new Kidzees, 33 new Mount Litera Zee Schools and 10 new ZICAs into its franchise system; it added 310 new KidZee centers, 28 new Mount Litera Zee Schools, 4 new ZICA centers into its franchise system in 2011-12.
In 2011-12, the Scheme of Amalgamation for Merger of Essel Entertainment Media Limited (EEML) with the Company on March 28, 2011, became effective on June 30, 2011. Consequently, the entire undertaking of EEML along with all its assets and liabilities including its investment in wholly owned subsidiary Digital Ventures Private Limited as on March 31, 2011 (Appointed Date) got vested on the Company and accordingly, Digital Ventures Private Limited became wholly owned subsidiary of the Company effective from June 30, 2011.. In accordance with the said Scheme of Amalgamation, Company had on July 1, 2011 issued 14,00,00,000 Equity Shares of Re 1/- each of the Company for 70,00,00,000 Equity Shares held by the shareholders of EEML i.e. in the ratio of 1 Equity Share of Re 1/- each of the Company for every 5 Equity Shares of Re 1/- each held in EEML.
During year 2016, Academia Edificio Private Limited was incorporated on January 14, 2016 as Wholly Owned Subsidiary of Company.
During the year 2017, Liberium Global Resources Private Limited was incorporated on March 27, 2017 as wholly owned subsidiary of the Company.
In 2018-19, the Company subscribed for 3,19,64,200 Equity Shares as preferential allotment in MT Educare Ltd. and thru post preferential allotment, it owned a 44.53% stake in MT Educare Ltd. making it a subsidiary of the Company.
In 2020, Mount Litera Zee Schools (MLZS) made 139 schools operational.
Zee Learn Ltd
Chairman Speech
Dear Esteemed Shareholders
It gives me immense pleasure to present to you the 12th Annual Report
of your Company.
With the era of pandemic-induced uncertainty mostly behind us and
normalcy returning to our socioeconomic life, we, at Zee Learn are optimistic about our
road ahead.
The year gone by had put a severe stress on all businesses and Zee
Learn was no different. Our team of professional educators and trainers were quick to
understand the gravity of the situation and shifted to online classes, so that students do
not lose precious learning hours. Our teachers were also trained to cope with the changed
circumstances. Despite the headwinds posed by the pandemic, our consolidated annual
revenue for FY'22 stood at Rs. 282 crore, with an EBIDTA of Rs. 47 crore.
Our primary objective across our network of 2,200+ educational centres
- including Kidzee, Mount Litera Zee School, Mount Litera School International, ZIMA,
ZICA, MT Educare, and other institutes is to elevate human capital through quality
education and development. We aim for holistic development of a student, which is not
restricted to rote learning. We have built an enabling ecosystem, where the intrinsic
potential of the student is allowed to blossom.
At Zee Learn, we are evolving towards a hybrid mode of teaching, which
is a mix of physical and digital teaching. It is a flexible approach that takes into
account any unpredictable circumstances that can adversely impact brick-and-mortar mode of
education. We will continue to innovate and develop new products or learning tools, which
will facilitate hybrid mode of learning. The hybrid mode is fast becoming popular across
the world, so there is no reason why India should be left behind in the race.
With our presence across 20,000+ teachers, trainers, and support staff,
Zee Learn, along with its affiliates and subsidiaries, has a profound
impact on the lives of lakhs of students.
Our portfolio includes the fastest expanding chain of K-12 schools in
India, Mount Litera Zee School, and the country's most extensively spread preschool chain
network, Kidzee.
We cater to the whole range of educational services with our array of
innovative service offerings, which goes beyond our core segment of Pre K, K-12, and
vocational courses to the supplementary categories as well, including Test Preparation and
Tutorials. We have developed robust digital education ecosystems that will boost our brand
offering. These ecosystems employ a pedagogically sound approach to improve learning
outcomes. Our digital ventures, which include the Kidzee App, Kidzee Tab, Robomate, R+
notepad, and more, enable our students to expand their horizons.
With our innovative approaches, we are fast moving forward towards our
overarching objective of serving the full lifecycle of educational needs. The strength of
Zee Learn lies in content developed by our highly qualified and dedicated faculty members,
who step out of the way to handhold students and deliver extraordinary outcomes. We are
exploring opportunities to reimagine education with flexible approaches that effectively
cater to the holistic needs and aspirations of all students, as well as offer life-long
learning.
With the motto of building the nation through education, we are
relentlessly contributing in the field of education across age groups, all the while
living up to our core values of integrity, ownership, leadership, trust and continuous
learning. We believe that every child has a unique and infinite potential and we are
committed to help children realise their capabilities. We are proud to partner our nation
in this journey of empowerment.
I appreciate the hard work and dedication of our teachers, students,
employees, and thank all stakeholders for keeping their faith in our vision and
capabilities.
Thank you,
Ritesh Handa
Whole-Time Director & Chief Executive Officer
Zee Learn Limited
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Zee Learn Ltd
Company History
Zee Learn Ltd was incorporated on January 4, 2010 in the State of Maharashtra. The company obtained certificate of commencement of business on January 20, 2010. The Company is one of the most diversified premium education companies which deliver learning solutions and training to various segments of society through their multiple products viz. Kidzee, Mount Litera Zee Schools, Mount Litera World Preschool, Zee Institute of Media Arts (ZIMA), Zee Institute of Creative Arts (ZICA) and E - Learning Online Education and Testing.
The company's stated purpose is to improve human capital by providing quality education through their chain of Schools, pre-schools, youth vocational institutes and online ventures.
Mount Litera Zee Schools are the fastest growing chain of K-12 schools in India with over 65 schools coming up in the country. Kidzee is the largest chain of preschools with over 700 pre-schools. ZICA has now 25 Animation Training Institutes. Litmus, their test engine runs examinations and testing for Corporates.
As per the scheme of arrangement between ETC Networks Ltd, Zee Entertainment Enterprises Ltd and the company, the erstwhile ETC Networks Ltd merged and vested in Zee Entertainment Enterprises Ltd0 on March 31, 2010. Upon such merger, the education business undertaking of Zee Entertainment Enterprises Ltd was de-merged and vested in the company with effect from April 1, 2010.
In accordance with the Composite Scheme, upon merger and subsequent de-merger, the entire Business, assets, properties and liabilities of the Education Business Undertaking of Zee Entertainment Enterprises Ltd was transferred to and vested with the company with effect from April 1, 2010.
The company shares were listed on the Bombay Stock Exchange Ltd and National Stock Exchange Ltd with effect from December 20, 2010.
During the year 2010, the Company added 206 new Kidzees, 33 new Mount Litera Zee Schools and 10 new ZICAs into its franchise system; it added 310 new KidZee centers, 28 new Mount Litera Zee Schools, 4 new ZICA centers into its franchise system in 2011-12.
In 2011-12, the Scheme of Amalgamation for Merger of Essel Entertainment Media Limited (EEML) with the Company on March 28, 2011, became effective on June 30, 2011. Consequently, the entire undertaking of EEML along with all its assets and liabilities including its investment in wholly owned subsidiary Digital Ventures Private Limited as on March 31, 2011 (Appointed Date) got vested on the Company and accordingly, Digital Ventures Private Limited became wholly owned subsidiary of the Company effective from June 30, 2011.. In accordance with the said Scheme of Amalgamation, Company had on July 1, 2011 issued 14,00,00,000 Equity Shares of Re 1/- each of the Company for 70,00,00,000 Equity Shares held by the shareholders of EEML i.e. in the ratio of 1 Equity Share of Re 1/- each of the Company for every 5 Equity Shares of Re 1/- each held in EEML.
During year 2016, Academia Edificio Private Limited was incorporated on January 14, 2016 as Wholly Owned Subsidiary of Company.
During the year 2017, Liberium Global Resources Private Limited was incorporated on March 27, 2017 as wholly owned subsidiary of the Company.
In 2018-19, the Company subscribed for 3,19,64,200 Equity Shares as preferential allotment in MT Educare Ltd. and thru post preferential allotment, it owned a 44.53% stake in MT Educare Ltd. making it a subsidiary of the Company.
In 2020, Mount Litera Zee Schools (MLZS) made 139 schools operational.
Zee Learn Ltd
Directors Reports
Zee Learn Ltd
Company Background
| Incorporation Year | 2010 |
| Registered Office | Continental Building,135 Dr Annie Besant Road Worli
Mumbai,Maharashtra-400018 |
| Telephone | 91-22-24831234,Managing Director |
| Fax | 91-22-24955974 |
| Company Secretary | |
| Auditor | Ford Rhodes Parks & Co LLP |
| Face Value | 1 |
| Market Lot | 1 |
| Listing | BSE,MSEI ,NSE, |
| Registrar | Link Intime India Pvt Ltd
C-101 247 Park,L B S Marg,Vikhroli West,Mumbai-400083 |
Zee Learn Ltd
Company Management
| Director Name | Director Designation | Year |
|---|
| Roshan Lal Kamboj | Addtnl Independent Director | 2019 |
| Dattatraya Ramchandra Kelkar | Independent Director | 2019 |
| Nanette Dsa | Independent Director | 2019 |
| Surender Singh. | Additional Director | 2019 |
| Karunn Kandoi | Independent Director | 2019 |
| Manish Rastogi | WTD & Additional Director | 2019 |
| Anil Gupta | Company Sec. & Compli. Officer | 2019 |
Zee Learn Ltd
Listing Information
Zee Learn Ltd
Finished Product
| Product Name | Unit | Installed
Capacity | Production
Quantity | Sales
Quantity | Sales
Value |
|---|
| Education goods and Equipments | No | 0 | 0 | 0 | 99.1789 |
| Course Fees | NA | 0 | 0 | 0 | 83.483 |
| Franchisee Fee | NA | 0 | 0 | 0 | 9.8925 |
| Other Operating Revenue | NA | 0 | 0 | 0 | 1.0434 |
| Others | NA | 0 | 0 | 0 | 0.7746 |
| Television Content | NA | 0 | 0 | 0 | 0 |
| Education and other Services | NA | 0 | 0 | 0 | 0 |