Veranda Learning Solutions
197.81
+0.12(+0.06%)
Market Cap₹1,893.67 Cr
PE Ratio-20.37
Company Performance:
1D+0.06%
1M+12.08%
6M-11.91%
1Y-8.49%
5Y+50.71%
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More news about Veranda Learning Solutions
08Nov 25
Veranda Learning Solutions Fully Utilizes Rs 357.42 Crore QIP Proceeds
Veranda Learning Solutions Limited has completely utilized Rs 357.42 crore raised through its Qualified Institutional Placement (QIP) from July 17-22, 2025. The funds were deployed as follows: Rs 310 crore for redemption of senior secured non-convertible debentures, Rs 39.94 crore for general corporate purposes, and Rs 7.48 crore for issue expenses. The QIP involved the placement of 1,58,71,173 equity shares. The utilization adhered to stated objectives with no deviations reported.
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06Nov 25
Veranda Learning Solutions Dominates CA Exams with Top 3 All India Ranks
Veranda Learning Solutions' Commerce Vertical secured the top three All India Ranks in the September 2025 CA Final exams, marking their third consecutive achievement. The company's students, Mukund Agiwal, Tejas Mundada, and Bakul Gupta, claimed the first, second, and third ranks respectively. Veranda's overall performance included 154 All-India Rankers across CA Final, Inter, and Foundation levels. The company operates through several brands offering comprehensive CA preparation programs. Leadership attributes success to quality instruction, personalized mentorship, and measurable student outcomes.
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05Nov 25
Veranda Learning Solutions Aligns Auditors Across Material Subsidiaries, Appoints Deloitte
Veranda Learning Solutions' material subsidiary, BB Virtuals Private Limited, has changed its statutory auditor. SCVJ Associates resigned, and Deloitte Haskins & Sells was appointed as the new auditor, effective November 04, 2025. This change is part of Veranda's strategy to appoint a common statutory auditor across all material subsidiaries, following the acquisition of BB Publication Private Limited. The transition complies with SEBI regulations, with SCVJ Associates completing their last audit for Q2 ended September 30, 2025.
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31Oct 25
Veranda Learning Reports Strong Q2 Results, Announces Strategic Restructuring
Veranda Learning Solutions reported robust Q2 results with 19% YoY revenue growth to Rs. 127.00 crores and 185% YoY adjusted PAT growth to Rs. 23.30 crores. The company announced strategic initiatives including the demerger of its Commerce Test Prep vertical, divestment of the vocational segment, and a new focus on government test prep and academic segments. Record cash collections of Rs. 173.00 crores and increased student enrollments were reported. The company provided FY26 guidance for the combined entity with projected revenue of Rs. 650.00 crores and EBITDA of Rs. 170.00 crores. Debt reduction efforts and expansion plans in an asset-light model were also highlighted.
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28Oct 25
Veranda Learning Solutions Reports Strong Q2 FY26 Performance, Completes Strategic Divestment, and Fully Utilizes QIP Proceeds
Veranda Learning Solutions announced Q2 FY26 results with 20% YoY revenue growth to INR 126.70 crore. EBITDA increased 63% YoY to INR 48.30 crore, and PAT jumped 185% YoY to INR 23.30 crore. The Commerce segment led with 68% growth. The company completed a QIP raising INR 357 crore, demerged its Commerce brands, divested its vocational segment, and reported improved operational efficiency with a 26% rise in collections and 45,000 new students.
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28Oct 25
Veranda Learning Reports Strong Q2 Results with Revenue Growth and Return to Profitability
Veranda Learning Solutions Limited (VERANDA) reported robust Q2 financial results. Revenue increased by 30% year-over-year to ₹1.30 billion. The company turned profitable with a consolidated net profit of ₹960.00 million, compared to a loss of ₹320.00 million in the same quarter last year. EBITDA improved to ₹462.00 million, with the EBITDA margin expanding to 36.44%. An exceptional gain of ₹902.00 million was recorded during the quarter. The company's operational performance showed significant improvement across key metrics, indicating enhanced efficiency and effective business strategies.
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03Oct 25
Veranda Learning Achieves 1.5 Lakh Student Enrollments in H1
Veranda Learning Solutions has enrolled over 1.5 lakh students in the first half of the fiscal year. The company attributes this growth to proven academic outcomes, diverse educational offerings, established brand reputation, an engagement-focused learning model, and strategic marketing initiatives. Executive Director and Chairman Suresh Kalpathi highlighted the company's commitment to a blended learning approach. The growth has been significantly driven by word-of-mouth referrals from satisfied learners.
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25Sept 25
Veranda Learning Divests Vocational Segment to SNVA Edutech in Strategic INR 390.11 Crore Share Swap Deal
Veranda Learning Solutions Limited has approved the divestment of its entire vocational segment to SNVA Edutech Limited for INR 390.11 crores. The deal involves a share swap, with Veranda acquiring a 50% stake in SNVA Edutech. Three subsidiaries will be transferred: Brain4ce Education Solutions, Veranda Management Learning Solutions, and Six Phrase Edutech. The transaction, part of Veranda's 'Veranda 2.0' strategy, is expected to complete by October 31, 2025, subject to shareholder approval. This move aims to create a global education platform combining Veranda's Indian market presence with SNVA's international footprint.
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19Sept 25
Veranda Learning Solutions to Demerge Commerce Vertical, Eyes Robust Growth
Veranda Learning Solutions plans to demerge its commerce education vertical into J.K. Shah Commerce Education Limited (JKSC). The demerger will follow a mirror shareholding structure, with the process expected to take 7-8 months. For FY2026, the company projects a consolidated EBITDA of INR 180 crores, with the commerce vertical contributing INR 135-140 crores. JKSC aims to expand its presence, particularly in Tier 2 and Tier 3 towns. Post-demerger, JKSC will be debt-free, while Veranda will retain INR 125 crores of debt. The company expects the commerce business to grow at 35-40% annually over the next 5-7 years.
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15Sept 25
Veranda Learning Solutions to Demerge Commerce Test Prep Business, Creating JK Shah Commerce Education
Veranda Learning Solutions Limited (VLS) plans to demerge its Commerce Test Prep segment into a new listed entity, JK Shah Commerce Education Limited (JKSC). The demerger involves a 1:1 share ratio for existing shareholders. The Commerce Test Prep segment serves over 200,000 students with projected revenues of ₹344.00 crores for FY26E, a 22% increase from FY25. The demerger aims to create a focused commerce education entity, enable independent market valuation, and provide shareholders with exposure to a high-growth education platform. The process is expected to take about 12 months, pending various approvals.
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12Sept 25
Veranda Learning Solutions Promoters Disclose Encumbrance on Shareholding
Veranda Learning Solutions' promoters - Kalpathi S Aghoram, Kalpathi S Ganesh, and Kalpathi S Suresh - have reported a covenant constituting an encumbrance on their shareholding. The disclosure was made to BSE Limited, National Stock Exchange of India Limited, and the company, in compliance with SEBI's Substantial Acquisition of Shares and Takeovers Regulations. This move aligns with the company's commitment to transparency and regulatory compliance.
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11Sept 25
Veranda Learning Solutions Unveils Strategic Restructuring Plan and Schedules Investor Meeting
Veranda Learning Solutions has approved a restructuring plan involving a merger with Veranda XL Learning and a demerger of its commerce education business into J.K. Shah Commerce Education. The commerce division being demerged contributed 41.48% to the company's total turnover last year. Shareholders will receive shares in the new entity at a 1:1 ratio. The restructuring aims to consolidate operations, enhance focus on commerce education, and improve efficiency. J.K. Shah Commerce Education is proposed to be listed on BSE and NSE, subject to approvals. An investor meeting is scheduled to discuss the demerger.
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10Sept 25
Veranda Learning Completes Full Acquisition of Veranda XL Learning
Veranda Learning Solutions Limited has acquired the remaining 24% stake in Veranda XL Learning Solutions Private Limited (VXL), making it a wholly-owned subsidiary. The acquisition was completed through a share swap for 12% stake (20,16,124 new equity shares at ₹248 per share) and cash consideration for the other 12%. This move increases Veranda Learning's paid-up equity share capital from 9,36,02,271 to 9,56,18,395 shares.
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08Sept 25
Veranda Learning Solutions Promoters Commit to 34.05% Ownership Stake
Veranda Learning Solutions Limited's promoters have agreed to maintain ownership of at least 34.05% of the company's share capital, up from a previous 6.77% pledge. This commitment involves an encumbrance over 3,18,71,573 shares, as part of amended debenture trust deeds. The arrangement serves as security for non-convertible debentures issued by Veranda Learning Solutions Limited and Veranda Race Learning Solutions Private Limited. The disclosure was made in compliance with SEBI regulations and communicated to the BSE and NSE.
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05Sept 25
Veranda Learning Solutions to Divest Vocational Segment, Focusing on Core Operations
Veranda Learning Solutions, an education technology company, has announced plans to sell its vocational segment, including Brain4CE Education and Veranda Management. The company's board has approved this strategic move to streamline operations and focus on four main areas. This divestiture aims to enhance core competencies and improve efficiency, potentially impacting the company's performance and market position in the edtech sector.
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28Aug 25
Veranda Learning Solutions Promoters Release 8.22% of Pledged Shares
Three key promoters of Veranda Learning Solutions Limited (VLSL) have released 77,04,339 pledged shares, representing 8.22% of the company's total share capital. Kalpathi S Aghoram, Kalpathi S Ganesh, and Kalpathi S Suresh each released 25,68,113 shares (2.74% each). Post-release, promoters collectively hold 41.11% of the total share capital, with 15.15% remaining encumbered. The release follows full redemption of VXL debentures, with Catalyst Trusteeship Limited acting as the common security trustee.
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12Aug 25
Veranda Learning Solutions Promoters Release Share Encumbrances Worth ₹243 Crore
Three key promoters of Veranda Learning Solutions Limited have released encumbrances on 2,42,99,795 shares, representing 25.96% of the company's total share capital. The release occurred on August 8 following full redemption of VXL common debentures. Post-release, the promoters collectively hold 3,84,69,650 unencumbered shares, accounting for 41.10% of the company's total share capital. The company has informed stock exchanges of this development in compliance with SEBI regulations.
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08Aug 25
Veranda Learning Solutions Reports Strong Q1 Growth, Completes Strategic Debt Reduction
Veranda Learning Solutions reported robust Q1 results with 17% YoY revenue growth to INR 139.00 crores, 123% increase in net profit to INR 6.00 crores, and EBITDA doubling to INR 55.00 crores. The company completed a QIP of INR 357.00 crores, reducing debt from INR 510.00 crores to INR 195.00 crores. Veranda 2.0 strategy focuses on unbundling business verticals, with plans to demerge the high-growth commerce vertical. The company operates across academics, government test prep, vocational training, and commerce education segments. Management provided FY26 guidance of INR 660.00 crores revenue, INR 242.00 crores EBITDA, and INR 80.00-85.00 crores PAT.
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08Aug 25
Veranda XL Learning Solutions Redeems INR 310 Crore NCDs Ahead of Schedule
Veranda XL Learning Solutions, a subsidiary of Veranda Learning Solutions, has fully redeemed 31,000 Non-Convertible Debentures (NCDs) worth ₹310 crores. The redemption occurred nearly four years before the original maturity date of February 1, 2029. The NCDs were senior, secured, redeemable, and unlisted. Following this early redemption, the outstanding amount of NCDs for Veranda XL Learning Solutions is now nil. The company disclosed this information in compliance with SEBI regulations.
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05Aug 25
Veranda Learning Solutions Reports Q1 Results and Appoints New Secretarial Auditor
Veranda Learning Solutions Limited reported improved Q1 financial results with consolidated revenue reaching ₹13,926.74 lakhs, up from ₹11,898.69 lakhs year-over-year. The company posted a consolidated profit after tax of ₹596.51 lakhs, reversing a loss of ₹625.28 lakhs from the previous year. Growth was seen across five business segments: Managed School Services, Commerce, Government Test Preparation, Vocational Education, and Others. The Board appointed M/s. Sandeep & Associates as the Secretarial Auditor for a five-year term, subject to shareholder approval.
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05Aug 25
Veranda Learning Solutions Announces Merger of Two Subsidiaries to Streamline Operations
Veranda Learning Solutions Limited has approved a merger between its subsidiaries, Veranda K-12 Learning Solutions Private Limited and Veranda Administrative Learning Solutions Private Limited. The merger aims to consolidate the group structure and improve operational efficiency. No cash consideration or new shares will be issued, and the parent company's shareholding pattern remains unchanged. The merger combines Veranda K-12's educational infrastructure services with Veranda Administrative's broad educational offerings.
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02Aug 25
Veranda Learning Solutions to Hold EGM for Share Issue and Related Party Transactions
Veranda Learning Solutions schedules an EGM on August 25, 2025, to seek shareholder approval for three major resolutions. The company proposes to issue 20,16,124 equity shares at Rs. 248.00 per share to Jitendra Kantilal Shah for acquiring a 12% stake in Veranda XL Learning Solutions. Shareholders will vote on material related party transactions, including NCD issuance, cash consideration for stake acquisition, and inter-company loan arrangements totaling up to Rs. 410 crores. The EGM will also address inter-subsidiary transactions aimed at optimizing the group's financial structure.
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29Jul 25
Veranda Learning Solutions Completes Acquisition of Veranda K-12, Announces Strategic Restructuring
Veranda Learning Solutions has completed the acquisition of the remaining 9.60% stake in Veranda K-12, making it a wholly-owned subsidiary. The company also plans to acquire the remaining 24% stake in Veranda XL and restructure its Commerce vertical. This includes forming a new entity, J.K. Shah Commerce Education Limited, and demerging the Commerce Test Prep Segment. The restructured Commerce vertical aims to surpass ₹1000.00 crore revenue by FY30, focusing on digital and hybrid delivery models. The company will use QIP proceeds to reduce debt in Veranda XL.
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28Jul 25
Veranda Learning Secures Full Ownership of Veranda XL Learning Solutions
Veranda Learning Solutions approved acquisition of the remaining 24% stake in Veranda XL Learning Solutions (VXL) for INR 100 crores, making it a wholly-owned subsidiary. The deal involves a share swap worth INR 50 crores and INR 50 crores in cash. The company will issue 20,16,124 equity shares at INR 248 per share to VXL's director. Additionally, Veranda approved issuing NCDs worth INR 50 crores, plans to demerge its Commerce Vertical, and incorporate a new subsidiary.
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26Jul 25
Veranda Learning Completes Acquisition of Remaining Stakes in Neyyar Academy and Neyyar Education
Veranda Learning Solutions Limited has acquired the remaining 6.52% equity stakes in both Neyyar Academy Private Limited and Neyyar Education Private Limited through its subsidiary VALSPL. This acquisition makes both entities wholly owned subsidiaries of VALSPL. The transaction was completed through cash consideration, with each share having a face value of Rs.10.00. The company has officially notified stock exchanges about the completion of these acquisitions in compliance with SEBI regulations.
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25Jul 25
Veranda Learning to Redeem ₹346.14 Crore NCDs, Eyes Debt-Free Commerce Vertical
Veranda Learning Solutions will redeem ₹346.14 crore worth of Non-Convertible Debentures issued by its subsidiary, Veranda XL Learning Solutions, using proceeds from a recent ₹357.42 crore QIP. The company aims to make its commerce vertical debt-free and reduce high-cost debt. A restructuring committee has proposed demerging and listing the debt-free commerce vertical under J.K Shah's leadership, with the Board set to discuss this on July 28, 2025.
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23Jul 25
Veranda Learning Solutions Plans Commerce Business Demerger and Stake Acquisition
Veranda Learning Solutions' board will meet on July 28, 2025, to consider key restructuring proposals. These include making the Commerce vertical debt-free using QIP proceeds, demerging the Commerce business for independent listing, and acquiring the remaining 24% stake in Veranda XL. The board will also consider issuing securities on a preferential basis and incorporating a new subsidiary. Post-demerger, Mr. J.K. Shah will continue leading the Commerce vertical.
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17Jul 25
Veranda Learning Solutions Launches ₹380 Crore QIP at 15% Discount
Veranda Learning Solutions has initiated a Qualified Institutional Placement (QIP) to raise up to ₹380 crore. The issue price is set at ₹225.20 per equity share, offering a 15.31% discount to the previous closing price. The funds will be used for debt repayment and general corporate purposes. The company had previously set a floor price of ₹236.92 per share, with the option to offer up to a 5% discount. The preliminary placement document will be filed with BSE and NSE, and the trading window for designated persons remains closed in compliance with SEBI regulations.
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16Jul 25
Veranda Learning Solutions to Raise ₹380 Crore via QIP for Debt Reduction
Veranda Learning Solutions plans to raise up to ₹380 crore through a qualified institutional placement (QIP) this week. The funds will be used to address high-cost debt, with the company's current borrowings and financial liabilities at approximately ₹870 crore. The QIP is expected to be priced at a significant discount to the current market price to attract institutional investors. This move could potentially reduce the company's debt by over 43%, improving its financial health by lowering interest expenses and enhancing financial flexibility.
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03Jul 25
Veranda Learning Raises ₹26.21 Crore Through Preferential Share Allocation
Veranda Learning Solutions Ltd has completed a preferential share allocation, raising ₹26.21 crore by issuing 11,85,984 equity shares at ₹221.00 per share. Notably, this issue was not for cash consideration, suggesting a potential exchange for assets, services, or strategic partnership. The move could strengthen the company's capital base or fund strategic initiatives, though specific details and purposes remain undisclosed.
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02Jul 25
Veranda Learning Expands Through 21.49 Lakh Share Issue for Valspl Acquisition
Veranda Learning Solutions Limited has announced a preferential allotment of 21.49 lakh shares to acquire Valspl. This strategic move aims to strengthen the company's market position, potentially expanding operations or enhancing market presence. While existing shareholders may face ownership dilution, the acquisition could bring new capabilities or strategic assets to the company.
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11Jun 25
Veranda Learning Solutions Unveils 'Veranda 2.0' Restructuring Strategy
Veranda Learning Solutions has launched 'Veranda 2.0', a comprehensive restructuring strategy aimed at enhancing operational efficiency and focused growth across its academic offerings. The initiative seeks to unlock long-term value, streamline operations, and sharpen focus on various educational segments. While specific details and timelines are not disclosed, the strategy signals a significant shift in the company's approach to adapt to market dynamics and prepare for future challenges in the education sector.
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10Jun 25
Veranda Learning Solutions Forms Sub-Committee to Explore Corporate Restructuring Options
Veranda Learning Solutions, an edtech company, has established a sub-committee to evaluate corporate restructuring alternatives. The committee aims to assess options for optimizing the company's organizational structure and potentially improving operational efficiency. While specific details are not disclosed, the initiative could lead to streamlined operations, improved financial performance, and enhanced shareholder value.
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02Jun 25
Veranda Learning's Subsidiary Launches Certified Internal Auditor Program with UK Partner
Veranda Learning Solutions' subsidiary, Logic School of Management, has introduced the Certified Internal Auditor Program (CIAP) in collaboration with the UK-based Institute of Audit and Business. This new offering aims to enhance professional skills in internal auditing, potentially diversifying Veranda's educational portfolio and tapping into the growing demand for specialized certifications.
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28May 25
Veranda Learning's Q4 Results: Profit Turnaround Amidst Revenue Growth
Veranda Learning's Q4 results show a significant turnaround with a net profit of ₹48.00 million, compared to a ₹420.00 million loss in the same quarter last year. Revenue increased by 10.70% year-over-year to ₹1.14 billion. However, EBITDA decreased to ₹198.00 million from ₹214.00 million, with the EBITDA margin dropping to 17.34% from 20.87%.
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04Apr 25
Veranda RACE Partners with NEMI Education for IIT Indore Certified BFSI Courses
Veranda Learning Solutions' subsidiary, Veranda RACE, has signed an MOU with NEMI Education to offer IIT Indore certified courses in the BFSI sector. The partnership will launch a 4-6 month online Post Graduate Certificate in BFSI, starting tentatively from May 1, 2025. The program aims to bridge the skill gap in the BFSI sector by combining academic rigor with practical insights, leveraging Veranda RACE's reach and NEMI Education's partnership with IIT Indore.
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07Mar 25
Veranda Learning Solutions Partners with IIT Madras to Boost Competitive Exam Preparation
Veranda Learning Solutions has partnered with IIT Madras to offer courses for competitive examinations on the SWAYAM Plus platform. The collaboration aims to provide affordable, high-quality education to students in Tier-2 and Tier-3 towns. Initial courses will focus on competitive exam preparation, with plans to expand into other domains. The first courses are set to launch in the coming months.
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25Feb 25
Veranda Learning Solutions Expands Footprint in Commerce Education with Strategic Acquisitions
Veranda Learning Solutions has acquired a 40.41% stake in BB Publication Private Limited (BB Virtuals) for 550 million rupees, with plans to increase to 51% by June 2025. The company also acquired a 65% stake in Navkar Digital Institute. BB Virtuals, founded by CA educator Mr. Bhanwar Borana, has trained over 200,000 students online and produced numerous top-ranking CA candidates. Navkar Digital, founded by Mr. Hiteshkumar Shah, offers offline education for CA, CS, and CMA courses in Gujarat. These acquisitions are expected to boost Veranda's commerce vertical, projecting a pro forma EBITDA exceeding Rs 120 crores for FY25.
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Veranda Learning Solutions
197.81
+0.12
(+0.06%)
1 Year Returns:-8.49%