Veranda Learning Solutions Limited
Veranda Learning Solutions Limited (‚ÄúVeranda‚Äù) was incorporated on November 20, 2018, and is engaged in the business of offering diversified and integrated learning solutions in online, offline hybrid, and offline blended formats to learners enrolled with their courses through a multitude of career-defining competitive exams, professional courses, exam-oriented courses, short-term up-skilling, and re-skilling…
What Veranda files
- Others83
- Updates53
- Important47
- Investor Meet27
- Board Meeting14
- PPTs8
Veranda Learning Solutions allotted 1,55,763 equity shares to Goodday Enterprises LLP via warrant conversion at Rs. 321 per share. This transaction infused ~Rs. 5 Cr into the company, increasing its paid-up share capital. A key financing event.
Veranda Learning Solutions Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.
Veranda Learning's corporate restructuring is effective. VXLS amalgamated into VLS, boosting VLS's authorized capital to INR 147.50 Cr. The Commerce Business, including key subsidiaries, is demerged into JSCEL. VLS shareholders will receive one JSCEL share for each VLS share held.
Veranda Learning's 6,23,054 convertible warrants lapsed as holders didn't pay the balance consideration. The company forfeited the initial 25% subscription, amounting to approximately 5.00 Cr. This amount will be retained, with no change to the paid-up share capital.
Veranda Learning's Commerce vertical demerger into J.K. Shah Commerce Education Ltd (JSCEL) has been approved. JSCEL will become an independently listed company, aiming for focused growth and long-term shareholder value creation.