Veranda Learning Solutions Ltd (VERANDA) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Veranda Learning Solutions Ltd on NSE and BSE, with an AI summary of each filing.
Please find the enclosed disclosure.
Others (Uncategorized) · 13 Oct 2026, 11:58 pm
JK Shah Commerce Education Executes Share Pledge to Secure Rs 143 Crore NCDs JK Shah Commerce Education Limited (JSCEL), part of Veranda Learning Solutions' composite scheme of arrangement, executed a pledge agreement on 13th Oct'26 with SBICAP Trustee Company. To secure up to 14,300 senior, unlisted, secured, unrated, redeemable NCDs aggregating Rs 143 crore (FV Rs 1,00,000 each), JSCEL pledged 5,100 equity shares in BB Publication Private Limited and 26,50,725 equity shares in Tapasya Educational Institutions Private Limited. The customary pledge does not alter subsidiary management, control, or operational performance.
Please find the enclosed disclosure.
Others (Uncategorized) · 12 Oct 2026, 6:20 pm
Veranda Learning Solutions Details Demerger Cost Apportionment Ratio Following NCLT sanction for the demerger of its Commerce Business into J.K.Shah Commerce Education Limited (JSCEL), Veranda Learning Solutions Limited (VLS) announced the share acquisition cost apportionment ratio. Shareholders receive JSCEL shares in a 1:1 ratio, with 9,65,06,610 equity shares of face value Rs.10 allotted based on the 6th Oct'26 record date. The total cost of acquisition is apportioned at 64.50% for VLS and 35.50% for JSCEL, calculated from net book asset values as of the effective date of 31st Aug'26.
Please find the enclosed disclosure.
Others (Uncategorized) · 07 Oct 2026, 10:25 pm
JK Shah Commerce Education Allots Shares Following Demerger From Veranda Learning Pursuant to the Composite Scheme of Arrangement, J.K. Shah Commerce Education Limited (JSCEL) allotted 9,65,06,610 equity shares (face value Rs 10 each) on 7th Oct'26 to Veranda Learning Solutions Limited (VLS) shareholders as of the 6th Oct'26 record date. The allotment executed a 1:1 share entitlement ratio. JSCEL cancelled its pre-scheme paid-up share capital of 1,000 equity shares held entirely by VLS, ceasing to be a wholly owned subsidiary. JSCEL is initiating listing and trading permissions with BSE and NSE, with shares remaining frozen pending approval.
Please find the enclosed Press Release titled "Veranda Learning announces constitution of Board of Directors of J.K. Shah Commerce Education Limited."
Press Release · 05 Oct 2026, 7:37 pm
Veranda Learning Constitutes Board for Demerged Commerce Arm JSCEL Ahead of Listing Veranda Learning Solutions constituted the eight-member Board of Directors for J.K. Shah Commerce Education Limited (JSCEL) ahead of the 6th Oct'26 record date for demerging its Commerce education vertical. Prof. J.K. Shah will serve as Chairman & MD, alongside four independent directors and CA Kalpesh J. Mehta as CFO. JSCEL unifies brands including J.K. Shah Classes, BB Virtuals, Navkar Digital Institute, Tapasya College, and Logic School of Management. Eligible Veranda shareholders will receive JSCEL equity shares, with subsequent listing planned on BSE and NSE.
Please find the enclosed disclosure.
Others (Uncategorized) · 05 Oct 2026, 7:24 pm
Veranda Learning Announces Board Reconstitution and Key Leadership Appointments at JSCEL Under its ongoing Composite Scheme of Arrangement, Veranda Learning Solutions announced that resulting entity J.K. Shah Commerce Education Limited (JSCEL) reconstituted its Board and appointed key managerial personnel on 5th Oct'26. Jitendra Kantilal Shah was appointed Chairman & Managing Director for three years effective 6th Oct'26. Pooja Jinit Dharia and Vishal Jitendra Shah joined as Whole-time Directors from 5th Oct'26. JSCEL appointed Kalpesh J. Mehta as CFO and Kailash S as CS, while Non-Executive Directors K Praveen Kumar and R Rangarajan resigned effective 6th Oct'26.
Please find the enclosed disclosure.
Others (Uncategorized) · 01 Oct 2026, 1:33 am
Veranda Learning's Resulting Unit JSCEL Allots Rs 33 Cr NCDs In connection with its Composite Scheme of Arrangement, Veranda Learning Solutions announced that resulting entity J.K. Shah Commerce Education Limited (JSCEL) allotted 3,300 senior, secured, unlisted NCDs aggregating to Rs 33.00 Cr on 30th Sep'26 on a private placement basis. The 5-year debentures mature on 29th Sep'31, carry a fixed coupon of 0.001% per annum payable on redemption, and are backed by a minimum 1x asset cover. Proceeds will fund the closure of an existing RBL Bank loan facility and general corporate purposes.
Please find the enclosed disclosure.
Change in Management · 28 Sept 2026, 8:44 pm
Veranda Learning Solutions Announces Resignation of Chief Human Resources Officer Vivek Sapre Veranda Learning Solutions Limited has disclosed the resignation of its Chief Human Resources Officer (CHRO), Vivek Sapre, effective from the close of business hours on 28th Sep'26. The departure is classified under senior management changes pursuant to SEBI Regulation 30. Sapre resigned to pursue an external career opportunity, confirming there were no other material reasons for his departure.
Please find the enclosed disclosure.
Others (Uncategorized) · 25 Sept 2026, 12:06 am
J.K. Shah Commerce Education Allots Rs 110 Crore Unlisted NCDs J.K. Shah Commerce Education Limited (JSCEL), the resulting company in Veranda Learning Solutions' composite scheme of arrangement, allotted 11,000 senior, secured, unlisted NCDs aggregating to Rs 110 crore on 24th Sep'26. Issued on a private placement basis to Kalpathi S Aghoram, Kalpathi S Ganesh, and Kalpathi S Suresh, the instruments carry a face value of Rs 1,00,000, a 5-year tenure maturing on 23rd Sep'31, and a 0.001% per annum coupon payable at redemption. Proceeds will fund the closure of an RBL Bank loan facility and general corporate purposes.
Please find the enclosed disclosure.
Others (Uncategorized) · 22 Sept 2026, 11:36 pm
Veranda Learning Promoters Pledge Shares for INR 111 Crore Credit Facility Veranda Learning Solutions Limited promoters—Kalpathi S. Aghoram, Kalpathi S. Ganesh, and Kalpathi S. Suresh—executed an unattested pledge agreement on 21st Sep'26 with Authum Investment & Infrastructure Limited. The agreement creates a first-ranking, exclusive pledge over certain company equity shares held by the promoters to secure personal credit facilities of INR 111 crore. Authum Investment holds a 10.8% equity stake in the company as of 18th Sep'26. The company is not a party to the agreement, with no immediate impact on management control.
The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on September 22, 2026 for Kalpathi S Aghoram, ....
Encumbered Shares - Invocation / Release · 22 Sept 2026, 11:17 pm
Veranda Learning Promoters Pledge 12.45% Stake to Authum Investment Promoters of Veranda Learning Solutions—Kalpathi S. Aghoram, Kalpathi S. Ganesh, and Kalpathi S. Suresh—created a pledge over 1.20 crore equity shares (12.45% of total share capital) on 19th Sep'26. Each promoter pledged 40.00 lakh shares (4.15% stake each) in favor of Authum Investment and Infrastructure Limited to secure term loan facilities for personal financial requirements. Following this transaction, total encumbered promoter holding increased from 99.00 lakh shares (10.29%) to 2.19 crore shares, representing 22.74% of the company's total equity base.
Please find the enclosed disclosure
Others (Uncategorized) · 19 Sept 2026, 12:34 am
Regional Director Approves Subsidiary Amalgamation Scheme for Veranda Learning Solutions The Regional Director, Southern Region, approved the Scheme of Amalgamation involving Veranda IAS Learning Solutions and Neyyar Academy (Transferor Companies) into Veranda Race Learning Solutions (Transferee Company), vide order dated 18th Sep'26. The merger takes effect upon filing the certified order with the RoC via Form INC-28, dissolving the transferor entities without winding up. Veranda Learning Solutions clarified that this internal consolidation is distinct from the proposed demerger of its Commerce vertical.
Allotment of Equity Shares upon conversion of warrants
Others (Uncategorized) · 04 Sept 2026, 11:23 pm
Veranda Learning Solutions Allots Shares on Warrant Conversion Veranda Learning Solutions approved the allotment of 1,55,763 equity shares of Rs. 10 face value at an issue price of Rs. 321 per share (including Rs. 311 premium) to non-promoter Goodday Enterprises LLP on 4th Sep'26 upon warrant conversion. The company received the remaining 75% consideration of Rs. 3.75 crore, completing total consideration of Rs. 5.00 crore. Consequently, paid-up share capital increased to Rs. 96.51 crore across 9,65,06,610 shares, raising the allottee's equity stake from 0.49% to 0.65%.
Please find the enclosed intimation regarding increase in Authorised Share Capital of the Company pursuant to the Composite Scheme of Arrangement
Others (Uncategorized) · 01 Sept 2026, 3:06 am
Veranda Increases Authorised Share Capital Post-Scheme of Arrangement Veranda Learning Solutions (VLS) has increased its authorised share capital following its Composite Scheme of Arrangement. Effective 31 Aug'26, the capital was enhanced by INR 37.5 Cr, rising from INR 110 Cr to INR 147.5 Cr. This adjustment results from merging the authorised capital of amalgamating company Veranda XL Learning Solutions. The new structure comprises 13.35 Cr equity shares and 1.40 Cr preference shares, both with a face value of INR 10 each. This corporate action modifies the company's Memorandum of Association.
Please find the intimation regarding receipt of certified true copy of the Order of the Hon''ble National Law Tribunal, Chennai, Bench - I and implementation of the Composite Scheme of Arrangement
Others (Uncategorized) · 01 Sept 2026, 2:53 am
Veranda Learning Implements Composite Scheme, Sets Key Dates Veranda Learning Solutions (VLS) has implemented its composite scheme of arrangement, effective 31 Aug'26. The scheme involves the amalgamation of Veranda XL Learning Solutions (VXLS) into VLS, also effective 31 Aug'26. Post-amalgamation, VLS's authorized share capital increased to INR 147.50 Cr. Subsequently, the Commerce Business of VLS was demerged into J.K. Shah Commerce Education (JSCEL), effective 01 Sep'26. Eligible VLS shareholders will receive one share of JSCEL for every one share held in VLS. A record date will be announced separately.
Please find the enclosed disclosure.
Others (Uncategorized) · 28 Aug 2026, 4:04 pm
Veranda Forfeits ₹5 Cr as 623,054 Warrants Lapse Veranda Learning Solutions has forfeited ₹5.00 crore following the lapse of 623,054 convertible warrants issued to non-promoters. The warrants, allotted on Feb 27, '25, at ₹321 each, expired on Aug 27, '26, as holders failed to pay the remaining 75% consideration. Consequently, the initial 25% upfront payment has been forfeited by the company. The lapse results in no change to Veranda's paid-up share capital, as no warrants were converted into equity shares. The forfeited amount will be retained by the company.
Please find the enclosed a copy of the press release titled "Veranda Learning receives NCLT approval for commerce Vertical Demerger"
Press Release · 24 Aug 2026, 2:36 pm
Veranda Learning Receives NCLT Approval for Commerce Vertical Demerger Veranda Learning Solutions (VERANDA) received NCLT approval on Aug 24, '26, to demerge its Commerce vertical into a separate entity, J.K. Shah Commerce Education Limited (JSCEL). This move is part of the Veranda 2.0 strategy to create focused, independently managed businesses. The demerger will consolidate brands like J.K. Shah Classes, BB Virtuals, and Navkar Digital Institute under JSCEL, which will seek its own listing. The restructuring aims to unlock shareholder value and accelerate growth in the professional commerce education platform.
Receipt of Copy of Order of Scheme of Arrangement obtained from the Hon''ble NCLT, Chennai Bench
Others (Uncategorized) · 22 Aug 2026, 1:12 am
NCLT Sanctions Veranda's Composite Scheme of Arrangement for Amalgamation and Demerger The NCLT Chennai Bench has sanctioned the Composite Scheme of Arrangement for Veranda Learning Solutions (VLS) vide order dated 20 Aug'26. The scheme involves the amalgamation of its wholly-owned subsidiary, Veranda XL Learning Solutions, into VLS. This is followed by the demerger of VLS's Commerce Education Business into J.K. Shah Commerce Education Limited (JSCEL). For the demerger, VLS shareholders will receive one equity share of JSCEL for every one share held in VLS. The scheme aims to unlock value by creating two focused listed entities.
Please find the attached disclosure.
Transcript · 18 Aug 2026, 12:25 am
Please find the enclosed Weblink of Audio Recording of the Earnings Call for the Quarter ended June 30, 2026
Audio / Video · 13 Aug 2026, 9:39 pm
Veranda Learning Solutions: Q1 FY27 Earnings Call Recording Available Veranda Learning Solutions (NSE: VERANDA) has released the audio recording of its earnings call held on 13 Aug'26. The call discussed the un-audited standalone and consolidated financial results for the first quarter ended 30 Jun'26. The recording is accessible via a link on the company's website, as per SEBI disclosure regulations.
Please find the attached Monitoring Agency Report for the Quarter ended June 30, 2026
Others (Uncategorized) · 13 Aug 2026, 6:33 pm
Veranda Learning: Monitoring Report on Preferential Allotment Fund Utilization As of 30th Jun'26, Veranda has fully utilized the INR 41.25 Cr raised through its preferential issue during Q4 FY25. This includes INR 35.00 Cr from 11.98 lac equity shares issued at INR 292/share and INR 6.25 Cr from the 25% upfront payment for 7.78 lac convertible warrants priced at INR 321/warrant. No proceeds were utilized in Q1 FY27. The remaining 75% of warrant proceeds are yet to be received. India Ratings, the monitoring agency, reported no deviation in the use of funds from the stated objects.
Please find the attached Investor Presentation.
Investor Presentation · 13 Aug 2026, 6:13 pm
Veranda Q1FY27: Strong PAT Growth and FY27 Guidance Veranda Learning posted robust Q1FY27 results with revenue at INR 149.5 Cr, up 42% YoY, and PAT soaring 472% YoY to INR 33.9 Cr from INR 5.9 Cr. EBITDA grew 10% YoY to INR 53.8 Cr. Growth was driven by Commerce Test Prep, with segment revenue up 53% and EBITDA up 58% YoY. The company issued FY27 guidance for revenue of INR 670 Cr and PAT of INR 144 Cr. A demerger of the Commerce vertical is expected to be listed separately by Sep'26.
Please find the enclosed Press Release.
Press Release · 13 Aug 2026, 6:06 pm
Veranda Learning Q1FY27: Strong Revenue Growth and Exceptional PAT Surge Veranda Learning reported robust Q1FY27 results, with revenue rising 42% YoY to ₹150 Cr. Profit After Tax (PAT) surged an impressive 472% YoY to ₹34 Cr, marking the sixth consecutive profitable quarter. EBITDA grew 10% YoY to ₹54 Cr. This performance was driven by strong momentum in the Commerce and Government Test Prep segments, with overall enrolments up 35% YoY to 1.03 lakh. Collections increased by 27% to ₹165 Cr, highlighting healthy demand and execution across all business segments for the quarter ended 30 Jun'26.
Please find the enclosed results.
Financial Result · 13 Aug 2026, 5:59 pm
Veranda Q1FY27 Results: PAT Grows on Higher Revenue and Segmental Strength Veranda Learning Solutions reported Q1FY27 consolidated results with revenue from operations at ₹149.54 crore, up 41.5% YoY. Profit After Tax (PAT) stood at ₹33.87 crore, a significant increase from ₹5.92 crore YoY, aided by higher revenue and lower finance costs. The Commerce segment was the primary revenue driver, contributing ₹108.58 crore. Basic EPS for continuing and discontinued operations was ₹3.03. The Board approved the unaudited results for the quarter ended Jun 30, '26, on Aug 13, '26.
Outcome of Board Meeting held on August 13, 2026
Outcome · 13 Aug 2026, 5:40 pm
Veranda Learning Q1FY27: Strong Revenue Growth and Profit Beat Veranda Learning Solutions reported strong Q1FY27 consolidated results with revenue from operations at ₹14,953.86 lakh, up 41.5% YoY. Profit Before Tax (PBT) surged to ₹3,042.03 lakh from ₹431.89 lakh YoY. Profit After Tax (PAT) stood at ₹3,387.35 lakh versus ₹591.83 lakh YoY. Basic EPS for continuing operations was ₹3.03. The Board approved the unaudited results for the quarter ended Jun 30, '26, which received an unmodified review from auditors. The Commerce segment remained the largest revenue contributor at ₹10,858.13 lakh.
Please find the enclosed Voting Result along with the Scrutinizer''s Report of the Annual General Meeting of the Company.
Annual General Meeting · 07 Aug 2026, 11:37 pm