Veranda Learning Solutions Promoters Release Share Encumbrances Worth ₹243 Crore 3 days ago
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.
Veranda Learning Solutions Reports Strong Q1 Growth, Completes Strategic Debt Reduction 6 days ago
Veranda XL Learning Solutions Redeems INR 310 Crore NCDs Ahead of Schedule 7 days ago
Veranda Learning Solutions Reports Q1 Results and Appoints New Secretarial Auditor 10 days ago
Veranda Learning Solutions Announces Merger of Two Subsidiaries to Streamline Operations 10 days ago
More news about Veranda Learning Solutions
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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%.
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.
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.
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.