Veranda Learning Solutions Limited has approved the grant of 12,000 Employee Stock Options (ESOPs) to eligible employees of the company and its subsidiaries. The decision was made by the Nomination Remuneration Committee during its meeting held on Thursday, May 21, 2026. The options have been issued under the Veranda Learning Solutions Limited Employees Stock Option Plan, 2022.

Details of the Grant

The ESOPs have been specifically granted to employees forming part of the Strategic Team. Each option is exercisable into one fully paid-up equity share with a face value of ₹10. The pricing formula for the exercise of these stock options has been fixed at ₹68.50 per Equity Share.

Vesting and Exercise Schedule

The options granted come with a structured vesting period. The vesting will not occur earlier than one year from the date of grant and will not extend later than four years from the same date. Once the options are vested, employees will have a maximum period of six years from the date of vesting to exercise them.

The scheme is compliant with the SEBI (Share Based Employee Benefits) Regulations, 2021. The total number of shares covered by these options is limited to 12,000, matching the number of options granted.

Veranda Learning Solutions Limited has disclosed that its promoters and Persons Acting in Concert (PACs) have not created any encumbrance on the shares held by them during the financial year ended March 31, 2026. The declaration was made in compliance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The confirmations were submitted by three key promoters of the company: Kalpathi S. Aghoram, Kalpathi S. Ganesh, and Kalpathi S. Suresh. They stated that no encumbrance, direct or indirect, was created on their shares other than those already disclosed to the stock exchanges.

Promoter Disclosures

The disclosures were sent to BSE Limited, National Stock Exchange of India Limited, and the Audit Committee of veranda learning solutions . The promoters confirmed that their shareholding remains free from new charges or liens for the specified period.

The letters requested the exchanges to place the information on record. The confirmations provide transparency regarding the financial standing of the promoters' shareholdings in Veranda Learning Solutions Limited for the financial year 2025-26.