Zee Learn Ltd to raise $30 million

The Board of Directors of Zee Learn Ltd at its meeting held on January 30, 2012, has decided to explore issuance of Global Depository Receipt (GDR) for raising long term funds of upto a maximum value of Indian Rupee equivalent to US$ 30 Million and for the purpose have appointed requisite intermediaries.

The Zee Learn Ltd stock was trading at Rs.14.26, down by Rs.0.54 or 3.65%. The stock hit an intraday high of Rs.15.08 and low of Rs.14.26.

The total traded quantity was 1.14 lakhs compared to 2 week average of 0.78 lakhs.

Source : Equity Bulls

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