ETC

ETC Networks Limited has informed the Exchange that the Hon'ble Bombay High Court has vide its order dated July 16, 2010, approved the Composite Scheme of Amalgamation and Arrangement between Zee Entertainment Enterprises Limited, ETC Networks Ltd and Zee Learn Limited and their respective Shareholders, for Merger of the Company with Zee Entertainment Enterprises Limited from March 31, 2010 (Appointed Date) and upon such Merger, de-merger of Education Business Undertaking of Zee Entertainment Enterprises Limited in favor of Zee Learn Limited from April 1, 2010. The aforesaid Scheme of Arrangem

Etc Networks Limited has informed the Exchange vide its letter dated July 16, 2010 that :"The Hon'ble High Court of Bombay has, at the hearing held today, approved the Composite Scheme of Amalgamation and Arrangement between Zee Entertainment Enterprises Limited, ETC Networks Limited and Zee Learn Limited and their respective shareholders, for the proposed Merger of ETC Networks Limited with the Zee Entertainment Enterprises Limited, with effect from March 31, 2010 (Merger Appointed Date) and upon such merger, demerger of Education Business Undertaking from Zee Entertainment Enterprises Limite

Etc Networks Limited has informed the Exchange that the Hon'ble High Court of Bombay has, at the final hearing held on April 16, 2010, approved the Scheme of Amalgamation of Cornershop Entertainment Company Private Limited, Cornershop Animation Company Private Limited, Digital Media Convergence Limited and Re-Med Services Private Limited, the four subsidiaries of the Company with the Company with effect from January 01, 2010 (Appointed Date).

Etc Networks Limited has informed the Exchange that the Board of Directors at their meeting held on December 29, 2009 has approved the draft Composite Scheme of Amalgamation and Arrangement between the Company, Zee Entertainment Enterprises Limited (ZEEL), Zee Learn Limited and their respective Shareholders and Creditors under provisions of Section 391 to 394 and other applicable provisions of the Companies Act, 1956, for merger of the Company with ZEEL and upon such Merger, demerger of Education Business from ZEEL into Zee Learn Limited (being incorporated).The details of the same shall be av

Etc Networks Limited has submitted to the Exchange that the Board of Directors of the Company at its meeting held on December 17, 2009, has considered and approved acquisition of 100% equity stake in Cornershop Entertainment Company Pvt. Ltd., which is into the animation business. Further, post such acquisition the Board of Directors of the Company has also considered and approved a Scheme of Amalgamation under Section 391-394 of the Companies Act, 1956 of Cornershop Entertainment Company Pvt. Ltd., together with its wholly owned subsidiaries i.e. Cornershop Animation Company Pvt. Ltd., Digita