Zee Learn logo

Zee Learn CEO, MD, chairman, board of directors and AGM

NSE: ZEELEARNBSE: 533287Other Consumer ServicesSmall Cap

Last close ₹5.55down ₹0.22 (3.81%)BSE ₹5.51

Share price at the NSE close on 23 Oct 2026. Previous close ₹5.77.

52-week range of traded prices to 23 Oct 2026
₹4.17Low, 30 Mar 2026₹10.10High, 24 Jun 2026
Market cap
₹182 Cr2,397th largest listed
P/E
Owners' profit not stated
P/B
0.7
Dividend yield
Nonein the last 12 months
ROCE
11.0%
Debt to equity
1.44
Volume, NSE
3,04,90884.3% delivered

Zee Learn board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonSurender Singh
  • Chief executiveManish Rastogi
  • Company Secretary and Compliance OfficerAnil Gupta

7 directors3 independent1 executive3 non-executive

  • Nanette D'sa RalphNon-executive · joined Apr 2026 · reappointed Apr 2026 · 0 months as independent · 3 listed boards · 2 as independent · 5 committee seats, 1 as chair
  • Dattatraya Ramchandra KelkarNon-executive · joined Dec 2019 · reappointed Dec 2025 · 0 months as independent · 2 listed boards · 1 as independent · 2 committee seats
  • Surender Singh · ChairpersonNon-executive · joined Jul 2020 · reappointed Jul 2020 · 0 months as independent · 3 listed boards · 3 committee seats
  • Karunn KandoiIndependent · joined Mar 2021 · reappointed Mar 2024 · 64 months as independent · 2 listed boards · 2 as independent · 1 committee seat
  • Manish Rastogi · Chief executiveExecutive · joined Mar 2023 · reappointed Mar 2023 · 40 months as independent · 1 listed board
  • Parag AgarawalIndependent · joined Aug 2025 · reappointed Aug 2025 · 11 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • Shiv Kumar GuptaIndependent · joined Jan 2026 · reappointed Jan 2026 · 6 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

1 director who left
  • Roshalal Kamboj, left 17 May 2025: Tenure Completion

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 29 May 20266 of 7 present3 independent · 6 days in between
    • 22 May 20266 of 7 present3 independent · 100 days in between
    • 10 Feb 20267 of 7 present4 independent

  • Audit Committee

    Chair Shiv Kumar Gupta

    Karunn Kandoi, Parag Agarawal, Nanette D'sa Ralph

    • 22 May 20264 of 4 present3 independent · 100 days in between
    • 10 Feb 20264 of 4 present3 independent

  • Nomination and remuneration committee

    Chair Parag Agarawal

    Shiv Kumar Gupta, Karunn Kandoi, Nanette D'sa Ralph

    • 29 May 20264 of 4 present3 independent · 107 days in between
    • 10 Feb 20264 of 4 present3 independent

  • Stakeholders Relationship Committee

    Chair Parag Agarawal

    Surender Singh, Manish Rastogi

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair Surender Singh

    Manish Rastogi, Parag Agarawal

    • 10 Feb 20264 of 4 present3 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • Ford Rhodes Parks & Co. LLPPeer-review certificate valid to Sep 2027

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Zee Learn AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Zee Learn dividend history

Annual general meeting, 25 Sep 2026

1,54,270 shareholders on the register on 18 Sep 2026; present: 6 promoters and 102 others; votes counted by Mita Sanghavi / M P Sanghavi & Associates LLP.The company's voting result (opens in a new tab)

  1. Adoption of Standalone and Consolldated Financial Statements of the Company for the financial year ended March 31, 2026.
    Ordinary
    97.03% for2.97% against

    Against: promoters 0.00% · institutions 100.00% · other public 5.00%

    Turnout: all 18.79% · promoters 100.00% · institutions 5.79% · other public 4.38%

  2. To re-appoint Mr. Manish Rastogi (DIN: 10056027), Director of the Company, liable to retire by rotation, being eligible, offers himself for re-appointment.
    Ordinary
    91.51% for8.49% against

    Against: promoters 0.00% · institutions 0.00% · other public 52.10%

    Turnout: all 18.36% · promoters 100.00% · institutions 5.79% · other public 3.82%

  3. Payment of Remuneration to M/s. Valbhav P. Joshi & Associates., Cost Accountants (Firm Registration No. 101329), the Cost Auditors of the Company for the Financial Year 2026-27
    Ordinary
    99.06% for0.94% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.76%

    Turnout: all 18.36% · promoters 100.00% · institutions 5.79% · other public 3.82%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 29 Aug 2026, 1 resolution

1,55,538 shareholders on the register on 29 Jul 2026; votes counted by Mita Sanghavi / M P Sanghavi & Associates LLP.The company's voting result (opens in a new tab)

  1. To approve disposal of equity shares and ceding control over Liberium Global Resources Private Limited, a Material Subsidiary
    Special
    97.26% for2.74% against

    Against: promoters 0.00% · institutions 100.00% · other public 2.89%

    Turnout: all 21.11% · promoters 100.00% · institutions 6.14% · other public 7.31%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 28 Jun 2026, 1 resolution

1,58,064 shareholders on the register on 22 May 2026; votes counted by Mita Sanghavi / M P Sanghavi & Associates LLP.The company's voting result (opens in a new tab)

  1. Appointment of Ms. Nanette D’sa (DIN: 05261531) as Director of the Company liable to retire by rotation.
    Ordinary
    96.85% for3.15% against

    Against: promoters 0.00% · institutions 100.00% · other public 5.96%

    Turnout: all 17.99% · promoters 100.00% · institutions 6.22% · other public 3.28%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 22 Mar 2026, 3 resolutions

1,59,162 shareholders on the register on 13 Feb 2026; votes counted by Mita Sanghavi / M P Sanghavi & Associates LLP.The company's voting result (opens in a new tab)

  1. Appointment of Mr. Dattatraya Kelkar (DIN: 00118037) as Director of the Company liable to retire by rotation.
    Ordinary
    97.59% for2.41% against

    Against: promoters 0.00% · institutions 99.94% · other public 0.40%

    Turnout: all 17.53% · promoters 100.00% · institutions 6.26% · other public 2.69%

  2. Appointment of Mr. Shiv Kumar Gupta (DIN: 11493537) as an Independent Director of the Company
    Special
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.37%

    Turnout: all 17.53% · promoters 100.00% · institutions 6.26% · other public 2.69%

  3. Approval for Repricing / Modification of Exercise Price of Outstanding Stock Options Granted under ZLL ESOP 2010 – Amended 2015
    Special
    97.51% for2.49% against

    Against: promoters 0.00% · institutions 99.94% · other public 1.07%

    Turnout: all 17.53% · promoters 100.00% · institutions 6.26% · other public 2.69%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 26 Sep 2025, 7 resolutions

1,64,383 shareholders on the register on 19 Sep 2025; present: 6 promoters and 102 others; votes counted by Mita Sanghavi / M P Sanghavi & Associates LLP.The company's voting result (opens in a new tab)

  1. Adoption of Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2025.
    Ordinary
    97.77% for2.23% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.13%

    Turnout: all 18.75% · promoters 100.00% · institutions 6.44% · other public 4.23%

  2. To re-appoint Mr. Surender Singh (DIN: 08206770), as Director of the Company, liable to retire by rotation, and being eligible, offers himself for re-appointment.
    Ordinary
    97.75% for2.25% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.23%

    Turnout: all 18.75% · promoters 100.00% · institutions 6.44% · other public 4.23%

  3. 3 - To re-appoint Ford Rhodes Parks & Co LLP; Chartered Accountants (ICAI Firm Registration no. 102860W/ W100089) as the Statutory Auditor of the Company and fix their remuneration.
    Ordinary
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.22%

    Turnout: all 18.75% · promoters 100.00% · institutions 6.44% · other public 4.23%

  4. Payment of Remuneration to M/s. Vaibhav P. Joshi., Cost Accountants (Firm Registration No. 101329), the Cost Auditors of the Company for the Financial Year 2025-26.
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.17%

    Turnout: all 18.75% · promoters 100.00% · institutions 6.44% · other public 4.23%

  5. To appoint M P Sanghavi & Associates LLP; Company Secretaries (Firm Registration No. L2020MH007000) as the Secretarial Auditors of the Company.
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.15%

    Turnout: all 18.75% · promoters 100.00% · institutions 6.44% · other public 4.23%

  6. To approve payment of commission to Non-Executive Directors (including Independent Directors) of the Company.
    Ordinary
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.33%

    Turnout: all 18.75% · promoters 100.00% · institutions 6.44% · other public 4.23%

  7. 7 - To appoint Mr. Parag Agarawal (DIN: 10652558) as Independent Director of the Company.
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.17%

    Turnout: all 18.75% · promoters 100.00% · institutions 6.44% · other public 4.23%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 26 Sep 2024, 5 resolutions

Present: 6 promoters and 77 others.The company's voting result (opens in a new tab)

  1. Adoption of Standalone and Consolidated Financial Statements of the Company for thenfinancial year ended March 31, 2024
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 17.27% · promoters 100.00% · institutions 0.00% · other public 2.86%

  2. To appoint a Director in place of Mr. Manish Rastogi (DIN: 10056027) who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.10%

    Turnout: all 17.27% · promoters 100.00% · institutions 0.00% · other public 2.86%

  3. Payment of Remuneration to M/s. Vaibhav P. Joshi., Cost Accountants (Firm Registration No. 101329), the Cost Auditors of the Company for the Financial Year 2024-25.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 17.27% · promoters 100.00% · institutions 0.00% · other public 2.86%

  4. Approval for modification to the ZLL – ESOP 2010 AMENDED 2015 (ESOP Scheme) of the Company.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.11%

    Turnout: all 17.27% · promoters 100.00% · institutions 0.00% · other public 2.86%

  5. Approval for extending benefits of amended ZLL ESOP 2010 - AMENDED 2015 to Employees/Directors of Subsidiary(ies)/Holding Company/Associate Company.
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.13%

    Turnout: all 17.27% · promoters 100.00% · institutions 0.00% · other public 2.86%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 27 Sep 2023, 4 resolutions

Present: 6 promoters and 88 others.The company's voting result (opens in a new tab)

  1. Adoption of Standalone and Consolidated Financial Statements of the Company for thenfinancial year ended March 31, 2023.
    Ordinary
    99.81% for0.19% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.67%

    Turnout: all 16.93% · promoters 100.00% · institutions 0.00% · other public 2.55%

  2. To appoint a Director in place of Mr. Surender Singh (DIN: 08206770) who retires by rotation and being eligible offers himself for appointment.
    Ordinary
    99.78% for0.22% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.00%

    Turnout: all 16.93% · promoters 100.00% · institutions 0.00% · other public 2.55%

  3. Payment of Remuneration to M/s Vaibhav P Joshi Cost Accountants (Firm Registration no. 101734) the Cost Auditors of the Company fir the financial year 2023-24
    Ordinary
    99.66% for0.34% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.05%

    Turnout: all 16.93% · promoters 100.00% · institutions 0.00% · other public 2.55%

  4. To re-appoint Mr. Karunn Kandol as the Independent Director of the Company.
    Ordinary
    99.78% for0.22% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.00%

    Turnout: all 16.93% · promoters 100.00% · institutions 0.00% · other public 2.55%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 19 Jun 2023, 2 resolutions

The company's voting result (opens in a new tab)

  1. Appointment of Mr. Manish Rastogi as Director of the Company liable to retire by rotation
    Ordinary
    99.62% for0.38% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.20%

    Turnout: all 17.09% · promoters 100.00% · institutions 0.00% · other public 2.77%

  2. Appointment and payment of remuneration to Mr. Manish Rastogi as Whole-Time Director
    Ordinary
    99.52% for0.48% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.03%

    Turnout: all 17.09% · promoters 100.00% · institutions 0.00% · other public 2.77%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Fines and tax disputes

Reported in the filing for the quarter to Jun 2026.

  • Fine or penaltyBSE LimitedSince 27 May 2026

    imposition of a penalty amounting to Rs. 5000 on account of non-compliance with Regulation 17(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, pertaining to the composition of the Board of Directors.

    Delay in compliance of Regulation 17(1)of the listing Regulations pertaining to Board Composition.
  • Fine or penaltyNational Stock Exchange of India LimitedSince 27 May 2026

    imposition of a penalty amounting to Rs.5000 on account of non-compliance with Regulation 17(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, pertaining to the composition of the Board of Directors.

    Delay in compliance of Regulation 17(1) of the listing Regulations pertaining to Board Composition.
  • Tax disputeThe Central Sales Tax Act, 1956Since 31 Mar 2006
    Pending with Deputy Commissioner of Sales Tax, Appeals
  • Tax disputeThe Maharashtra Value Added Tax Act, 2002Since 31 Mar 2006
    Pending with Deputy Commissioner of Sales Tax, Appeals
  • Tax disputeFinance Act, 1994Since 31 Mar 2012
    Pending with Central Excise and Service Tax Appellate Tribunal
  • Tax disputeFinance Act, 1994Since 31 Mar 2011
    Pending with Central Excise and Service Tax Appellate Tribunal
  • Tax disputeFinance Act, 1994Since 31 Mar 2013
    Pending with Central Excise and Service Tax Appellate Tribunal
  • Tax disputeFinance Act, 1994Since 31 Mar 2015
    Pending with Central Excise and Service Tax Appellate Tribunal
2 more
  • Tax disputeFinance Act, 1994Since 30 Jun 2017
    Pending with Central Excise and Service Tax Appellate Tribunal
  • Tax disputeCGST/DGST Act, 2017Since 8 Aug 2024
    Pending with State Appellate Authority

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

At most 4 complaints open, quarter to Dec 2025.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
No
The filing has a part on fines and penalties
Yes
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.