Announced Wed, 16 Sept · 23:05 IST
Corporate guarantee invoked by ACRE, demand of Rs 818.23 Cr
ZEELEARN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.8%1-day move
₹7.05
prior close
₹6.60
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.0+4.4+3.2+3.5-2.8-3.7————————
Up moveDown movePending
AI summary
Zee Learn received a letter from Assets Care and Reconstruction Enterprise (ACRE) on September 15, 2026, invoking the corporate guarantee and demanding payment of Rs 818.23 Crores. The company is evaluating next steps. ACRE is an asset reconstruction company typically involved in recovery of stressed or non-performing loans.
Likely market impact
A demand of Rs 818.23 Cr is a major liability that could severely strain cash flows and raise serious solvency concerns for shareholders.