Veranda Learning Solutions Debt & Borrowing: ₹110 Cr
Veranda's related entity, J.K. Shah Commerce Education Ltd, allotted Non-Convertible Debentures (NCDs) worth ₹110 Crore to investors. The funds will repay existing RBL Bank loans.
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- ₹110.0 Cr
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Veranda's related entity, J.K. Shah Commerce Education Ltd, allotted Non-Convertible Debentures (NCDs) worth ₹110 Crore to investors. The funds will repay existing RBL Bank loans.
Veranda Learning Solutions has fixed October 06, 2026, as the record date for allotment of shares under its composite scheme of arrangement.
Veranda Learning Solutions' subsidiary, J.K. Shah Commerce Education, approved the issuance of unlisted NCDs worth ₹143 Crore to repay existing RBL Bank loan facilities.
Veranda Learning Solutions Limited disclosed that its promoters executed an unattested pledge agreement for a Rs. 111 Crore personal loan. The company is not party to this.
Veranda Learning Solutions' promoters created a pledge over 1.2 crore equity shares in favor of Authum Investment and Infrastructure Ltd as security for personal term loans.
Veranda Learning Solutions announced the Regional Director's approval for the Scheme of Amalgamation involving its subsidiaries Veranda IAS, Neyyar Academy, and Veranda Race.
Veranda Learning Solutions Limited has increased its authorised share capital to ₹147.50 Crore, following the effectiveness of a previously announced Composite Scheme of Arrangement.
Veranda Learning Solutions has implemented its composite scheme of arrangement, effectively merging VXLS and demerging its Commerce Business into JSCEL, effective August 31, 2026.
Veranda Learning Solutions Limited forfeited Rs. 5.00 Crore after 6,23,054 convertible warrants lapsed. The non-promoter warrant holders failed to pay the remaining 75% balance within the 18-month exercise period.
Veranda Learning Solutions announced the NCLT, Chennai Bench, has sanctioned its Composite Scheme of Arrangement. The company will now proceed with the necessary implementation steps.
Veranda reports robust revenue growth and its sixth consecutive quarter of positive PAT, driven by the commerce segment and a significant de-leveraging through lower-cost debt refinancing.
Veranda Learning Solutions Limited submitted its Monitoring Agency Report for the quarter ended June 30, 2026. The report confirms no deviations in the utilization of preferential issue proceeds.
Veranda reported strong Q1FY27 results with 42% YoY revenue growth and a 472% jump in PAT, driven by Commerce and Government test prep segments.
Veranda Learning Solutions reported Q1FY27 revenue of ₹149.5 Crore, up 42% YoY. PAT grew 472% YoY to reach ₹33.9 Crore.
Veranda Learning Solutions Ltd reported revenue from operations of ₹149.5 Cr (+41.4% YoY) and net profit of ₹33.9 Cr (+474.6% YoY) for Q1 FY27.