Veranda Learning Solutions Limited has announced a strategic restructuring of its subsidiary operations, involving both shareholding transfers and merger approvals aimed at consolidating its Government Test Preparation segment.

Shareholding Transfer Details

On March 11, 2026, Veranda Administrative Learning Solutions Private Limited, a wholly-owned subsidiary of the company, completed the transfer of 100% of its shareholding in two step-down subsidiaries to Veranda Race Learning Solutions Private Limited. The transaction was undertaken to rationalize and simplify the overall group structure.

Board Approval for Merger

The Board of Directors of the concerned entities approved a three-way merger on March 11, 2026, involving the consolidation of subsidiaries within the Government Test Preparation segment.

Merger Structure

Transferor Companies:

• Veranda IAS Learning Solutions Private Limited (wholly-owned subsidiary)
• Neyyar Academy Private Limited (step-down wholly-owned subsidiary)

Transferee Company:

• Veranda Race Learning Solutions Private Limited (wholly-owned subsidiary)

Financial Performance Overview

The merger involves entities with significant revenue contributions for the nine months ended December 31, 2025:

Business Operations and Rationale

The entities involved in the restructuring operate in complementary areas of competitive exam preparation:

• Veranda IAS Learning Solutions Private Limited: Provides comprehensive coaching for UPSC and TNPSC Group 1 exams through residential programs, online live classes, and test series
• Neyyar Academy Private Limited: Engaged in educational services for competitive exams training
• Veranda Race Learning Solutions Private Limited: Focuses on educational services in competitive exams training

The restructuring has been undertaken as part of the company's strategic initiative to reorganize and consolidate its Government Test Preparation segment, with objectives of improving operational efficiencies and enabling focused growth.

Regulatory Compliance

The company has confirmed that there will be no change in the shareholding pattern of Veranda Learning Solutions Limited as a result of these transactions. The restructuring complies with Regulation 30 of the SEBI Listing Regulations, with detailed disclosures provided to both BSE Limited and National Stock Exchange of India Limited.

Veranda Learning Solutions ' Commerce Vertical has delivered outstanding performance in the Chartered Accountancy January 2026 examinations, producing 190 All-India Rank holders across CA Final, CA Intermediate, and CA Foundation levels. The results announced by the Institute of Chartered Accountants of India (ICAI) showcase the company's continued excellence in commerce and finance education.

Top Performers Sweep CA Final Rankings

Students from BB Virtualls, part of Veranda's Commerce Vertical, achieved a historic milestone by securing the top three ranks in CA Final examination for the fourth consecutive time. The exceptional performers include:

All four top rankers were students of Direct Tax under BB Virtualls, while three of them also pursued the Audit course, highlighting the institute's comprehensive academic mentorship across core CA subjects.

Comprehensive Performance Across All Levels

Veranda's commerce vertical secured a total of 196 All-India Ranks across all CA examination levels. After accounting for six overlapping rankers who studied across multiple Veranda brands, the final tally stands at 190 unique rank holders.

Examination Statistics and Context

The achievement gains significance considering the competitive nature of CA examinations. In CA Final Group I, 53,652 candidates appeared with 11,282 clearing the examination, resulting in a pass percentage of 21.03%. Group II witnessed 38,169 candidates appearing, with 3,726 candidates passing at a pass percentage of 9.76%.

Leadership Perspectives

Diksha Goyal, who secured AIR 1, shared her preparation strategy: "When I learnt that I had secured AIR 1, I was completely overwhelmed. My family was ecstatic and celebrations began immediately. My preparation involved studying for about 10–11 hours a day, but I also made sure to take a couple of days off every month to recharge."

Bhanwar Borana, Founder of BB Virtualls, commented: "Seeing our students secure the top ranks yet again is immensely gratifying. The CA examination demands conceptual clarity, discipline, and relentless practice. Achieving the Top-3 sweep for the fourth consecutive time is a testament to the dedication of our students and the commitment of our faculty."

Suresh Kalpathi, Executive Director and Chairman of Veranda Learning Solutions, stated: "Seeing 190 of our students secure All-India Ranks across CA Final, Intermediate, and Foundation is a powerful validation of our focus on high-quality teaching, personalised mentorship, and outcome-driven learning."