ZEE LEARN LTD. - Allotment of Shares upon exercise of Stock Option

Zee Learn Ltd has informed BSE that the ESOP Allotment Sub-Committee of the Company at its meeting held on February 20, 2017 has approved allotment of total 24,723 equity shares consisting of 16,598 Equity Shares of Re. 1/- at an exercise price of Rs. 20.85 per Equity Share; 8,125 Equity Shares of Re. 1/- at an exercise price of Rs. 35.25 per Equity Share; under the ZLL ESOP 2010 - AMENDED 2015 Scheme.<BR><BR>Consequent to the above allotment, the paid up share capital of the Company has increased from 321,536,058 equity shares of Re. 1/- each aggregating Rs. 321,536,058/- to 321,560,781 equity shares of Re. 1/- each aggregating Rs. 321,560,781/-.