ITV

Tag: Debshankar Mukhopadhyay

  • Zee Learn-Tree House proposed merger off

    Zee Learn-Tree House proposed merger off

    MUMBAI: Zee Learn Ltd has informed the BSE that the Board of Directors meeting of the Company held on 16 December, 2016, the Board took cognizance of the recent adverse media reports of Tree House closing down hundreds of its playgroup centres abruptly leaving parents / students high and dry and of many parents filing police complaints against Tree House and its Promoters.

    The Board feels that this may change the complete business dynamics of Tree House and is not in the spirit of the Scheme of Amalgamation signed between ZLL and Tree House.

    This fact coupled with the steadily deteriorating financials of Tree House, allegations of irregularities by Tree House / its Promoters and the need to protect the interest of ZLL shareholders, led to the Board of ZLL to unanimously agree to withdraw from the merger process with Tree House.

    ZLL Board announced that in light of the recent inordinate developments at Tree House, it is withdrawing from the proposed Merger process with Tree House which has been awaiting various court,shareholder and related statutory approvals.

    The Board approved sending requisite communication to Tree House to this effect and also convey to them that ZLL reserves its rights to initiate further suitable action against Tree House, its Promoters for ZLL’s loss of reputation, goodwill and damages.

    ZLL, a company promoted by Essel group, which runs Asia’s largest play school chain (Kidzee) with 1600 plus centres, had agreed sometime back to participate in this Merger process with Tree House with great hopes of serving an even larger network of students. Recently, inspite of the reported worsening financial situation at Tree House, ZLL had agreed to keep the merger alive at renegotiated terms. However, the current media reports of Tree House, its Promoters closing down a huge number of centres mid-session without even a thought for the helpless students, parents has left everyone at ZLL aghast as this sort of an action is completely against the moral and professional values of ZLL.

    ZLL CEO Debshankar Mukhopadhyay said, “ZLL has already requested its Kidzee Franchisees to try and provide proper mid-term admissions to such ex Tree House students who are stuck and wish to seek help because of Tree House I its Promoters actions. I am sure that our Franchisees will help to whatever extent possible. We hope that other play school chains will also come forward to help the students in this time of their need.”

  • Zee Learn-Tree House proposed merger off

    Zee Learn-Tree House proposed merger off

    MUMBAI: Zee Learn Ltd has informed the BSE that the Board of Directors meeting of the Company held on 16 December, 2016, the Board took cognizance of the recent adverse media reports of Tree House closing down hundreds of its playgroup centres abruptly leaving parents / students high and dry and of many parents filing police complaints against Tree House and its Promoters.

    The Board feels that this may change the complete business dynamics of Tree House and is not in the spirit of the Scheme of Amalgamation signed between ZLL and Tree House.

    This fact coupled with the steadily deteriorating financials of Tree House, allegations of irregularities by Tree House / its Promoters and the need to protect the interest of ZLL shareholders, led to the Board of ZLL to unanimously agree to withdraw from the merger process with Tree House.

    ZLL Board announced that in light of the recent inordinate developments at Tree House, it is withdrawing from the proposed Merger process with Tree House which has been awaiting various court,shareholder and related statutory approvals.

    The Board approved sending requisite communication to Tree House to this effect and also convey to them that ZLL reserves its rights to initiate further suitable action against Tree House, its Promoters for ZLL’s loss of reputation, goodwill and damages.

    ZLL, a company promoted by Essel group, which runs Asia’s largest play school chain (Kidzee) with 1600 plus centres, had agreed sometime back to participate in this Merger process with Tree House with great hopes of serving an even larger network of students. Recently, inspite of the reported worsening financial situation at Tree House, ZLL had agreed to keep the merger alive at renegotiated terms. However, the current media reports of Tree House, its Promoters closing down a huge number of centres mid-session without even a thought for the helpless students, parents has left everyone at ZLL aghast as this sort of an action is completely against the moral and professional values of ZLL.

    ZLL CEO Debshankar Mukhopadhyay said, “ZLL has already requested its Kidzee Franchisees to try and provide proper mid-term admissions to such ex Tree House students who are stuck and wish to seek help because of Tree House I its Promoters actions. I am sure that our Franchisees will help to whatever extent possible. We hope that other play school chains will also come forward to help the students in this time of their need.”

  • Zee Learn appoints new CEO Debshankar Mukhopadhyay

    Zee Learn appoints new CEO Debshankar Mukhopadhyay

    Zee Learn Limited, a leading player in core education and India’s Most Trusted Diversified Education Brand has announced the appointment of Debshankar Mukhopadhyay as the new Chief Executive Office (CEO).  Mukhopadhyay has taken charge of the company from July 2016.

    Debshankar comes with over 20 years of experience in educational and financial sector across South Asia. Network and channel development is his forte, along with effective leadership in business and operational management. Prior to this, he was the Head of Educational Sales – Financial Services & Insurance at Manipal Global Education Services. His previous stints have been with Max Life Insurance Co. Ltd, Western Union, Scholastic India, Zee Interactive Learning Systems Ltd and DHL Worldwide.

    Speaking about Debshankar’s appointment, Zee Learn Board commented, “We welcome Debshankar to Zee Learn. We are delighted to have him at the helm of Zee Learn and are confident that his vast experience will further accelerate the growth of the company and further us on our path of excellence and growth.  We look forward to the rich experience and knowledge that Debshankar brings along, which will add immense value to the organization and to the extremely talented team at Zee Learn.”

    “It gives me immense pleasure to be associated with Zee Learn, which is one of the largest players in the core education sector. I am looking forward to working with the team to further strengthen the award winning education brands of Zee Learn. With brands like Kidzee – the largest preschool chain in Asia, Mount Litera Zee School – one of the fastest growing K-12 school chains in India, ZICA – one of the premiere institutes in the creative arts and ZIMA – one of the leading media arts institutes, the future of Zee Learn looks extremely bright for the company. I look forward to working with the board and the team at Zee Learn and building on the strong credentials of the company and help accelerate growth at the company,” Debshankar commented on his new assignment.

    A Commerce Graduate from Kolkata University, Mr. Mukhopadhyay has done Post Graduate Diploma in Business Management, IISWBM, Kolkata. He has also completed various professional workshops like Management Development Program from Jamnalal Bajaj Institute of Management, Service Excellence Training at Western Union, Rome, Certificate course from Indian Institute of Management, Kolkata in Project Management, and Transformational Leadership Program at Indian School of Business, Hyderabad.

     

  • Zee Learn appoints new CEO Debshankar Mukhopadhyay

    Zee Learn appoints new CEO Debshankar Mukhopadhyay

    Zee Learn Limited, a leading player in core education and India’s Most Trusted Diversified Education Brand has announced the appointment of Debshankar Mukhopadhyay as the new Chief Executive Office (CEO).  Mukhopadhyay has taken charge of the company from July 2016.

    Debshankar comes with over 20 years of experience in educational and financial sector across South Asia. Network and channel development is his forte, along with effective leadership in business and operational management. Prior to this, he was the Head of Educational Sales – Financial Services & Insurance at Manipal Global Education Services. His previous stints have been with Max Life Insurance Co. Ltd, Western Union, Scholastic India, Zee Interactive Learning Systems Ltd and DHL Worldwide.

    Speaking about Debshankar’s appointment, Zee Learn Board commented, “We welcome Debshankar to Zee Learn. We are delighted to have him at the helm of Zee Learn and are confident that his vast experience will further accelerate the growth of the company and further us on our path of excellence and growth.  We look forward to the rich experience and knowledge that Debshankar brings along, which will add immense value to the organization and to the extremely talented team at Zee Learn.”

    “It gives me immense pleasure to be associated with Zee Learn, which is one of the largest players in the core education sector. I am looking forward to working with the team to further strengthen the award winning education brands of Zee Learn. With brands like Kidzee – the largest preschool chain in Asia, Mount Litera Zee School – one of the fastest growing K-12 school chains in India, ZICA – one of the premiere institutes in the creative arts and ZIMA – one of the leading media arts institutes, the future of Zee Learn looks extremely bright for the company. I look forward to working with the board and the team at Zee Learn and building on the strong credentials of the company and help accelerate growth at the company,” Debshankar commented on his new assignment.

    A Commerce Graduate from Kolkata University, Mr. Mukhopadhyay has done Post Graduate Diploma in Business Management, IISWBM, Kolkata. He has also completed various professional workshops like Management Development Program from Jamnalal Bajaj Institute of Management, Service Excellence Training at Western Union, Rome, Certificate course from Indian Institute of Management, Kolkata in Project Management, and Transformational Leadership Program at Indian School of Business, Hyderabad.