Zee Learn, a leading player in Core Education, announced that consequent to exercise of stock options granted by the company under its ESOP Scheme, the company has allotted total 15,925 equity shares of Rs 1 each at an exercise price of Rs 14.50 an equity share.

The stock had underperformed the market over the past one month till Mar. 24, 2014, falling 15.79% compared with the Sensex's 5.98% rise. It underperformed the market in past one quarter, declining 30.43% as against 4.86% rise in the Sensex.

Shares of the company declined Rs 0.1, or 0.39%, to trade at Rs 25.40. The total volume of shares traded was 108 at the BSE (10.50 a.m., Tuesday).