“Zee Learn Limited announced [in February] that it has signed definitive agreements to Invest Rs 200 crores in MT Educare Limited 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 Limited, the company said in a stock exchange filing,”, according to NDTV.

Cyril Amarchand Mangaldas advised MT Educare Limited, Mumbai led by partner Gautam Gandotra.

Also advising was ALMT Legal, Mumbai.

2018-02-14

Deal value: INR 200 crores

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