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.
- Value
- ₹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' 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 confirmed it does not meet the 'Large Corporate' criteria specified in the SEBI circular as of March 31, 2026. This regulatory disclosure clarifies the company's status regarding specific debt-raising requirements for large entities.