Veranda Learning Solutions Limited has formally notified stock exchanges that it does not qualify as a 'Large Corporate' under current SEBI regulations, confirming its non-applicability status as of March 31, 2026.

Regulatory Compliance Filing

The company submitted its confirmation to both BSE Limited and the National Stock Exchange of India Limited on April 15, 2026. The filing specifically references SEBI Circular No. SEBI/HO/DDHS/DDHS-RACPODI/P/CIR/2023/172 dated October 19, 2023, along with any subsequent amendments to the regulation.

Non-Applicability Confirmation

Veranda Learning Solutions stated that it does not fulfill the applicability criteria specified in Para 3.2 of the aforementioned SEBI circular. This confirmation indicates that the company does not meet the threshold requirements that would classify it as a 'Large Corporate' entity under the regulatory framework.

Authorization and Documentation

The regulatory filing was digitally signed by S Balasundharam, who serves as the Company Secretary and Compliance Officer. The digital signature was applied on April 15, 2026, at 12:06:57 with timezone offset +05'30'. Balasundharam holds membership number ACS-11114 with the Institute of Company Secretaries of India.

This filing ensures the company remains compliant with SEBI's disclosure requirements regarding the applicability of Large Corporate regulations, providing transparency to investors and regulatory authorities about its current classification status.

Veranda Learning Solutions Limited has successfully concluded its postal ballot process, with shareholders decisively approving material related party transactions between Veranda XL Learning Solutions Private Limited and its related parties. The company announced the results on April 06, 2026, following the completion of the e-voting period on April 05, 2026.

Regulatory Compliance and Disclosure

The company filed its official disclosure with BSE Limited and National Stock Exchange of India Limited under Regulation 44 of the SEBI Listing Obligations and Disclosure Requirements Regulations 2015. The filing was signed by S Balasundharam, Company Secretary & Compliance Officer, confirming the successful completion of the postal ballot process.

Overwhelming Shareholder Support

The postal ballot results demonstrated strong shareholder confidence in the proposed transactions. The voting outcome reflects broad-based support across different investor categories with minimal dissent.

Category-wise Voting Pattern

The voting results showed varied participation across different shareholder categories. Public institutional investors demonstrated complete unanimity in their support, while non-institutional public shareholders also showed overwhelming approval.

Scrutinizer Report and Process Validation

S Sandeep of S Sandeep & Associates served as the appointed scrutinizer for the postal ballot process. The scrutinizer was appointed by the Board of Directors on March 04, 2026, and submitted the final report on April 06, 2026. The entire process was conducted in accordance with Section 110 of the Companies Act, 2013, and relevant SEBI regulations.

The company conducted the postal ballot exclusively through remote e-voting facilities provided by KFintech Technologies Limited. The comprehensive voting process spanned nearly a month to ensure maximum shareholder participation among the 13,092 total shareholders as of the record date. The company maintained transparency throughout the process by publishing the postal ballot notice on its website and stock exchange platforms, with advertisements in Financial Express and Makkal Kural newspapers on March 07, 2026.