Authorised capital raised to INR 147.5 Cr under Composite Scheme of Arrangement

Strategic Transactions View source PDF Explain this filing

VERANDA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.8%Reaction day

₹246.50

prior close

₹248.75

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.0%-0.9% vs market

Other Consumer Services peers, median of 25sector · industry level-0.2%-1.6% vs sector

On the reaction day the stock moved 0.9 pts less than Nifty Microcap 250 and 1.6 pts less than its Other Consumer Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.5

10m

-0.9

15m

-1.6

30m

-2.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.8-1.0-0.9-0.2-1.6

Next day

-0.6-1.5+0.9-1.6+1.0

-1.8-0.9-0.9-0.5-1.3

-1.0-0.3-0.7+0.0-1.0

-1.4+0.1-1.6-1.6+0.2

-6.1+0.7-6.7-1.9-4.2

-6.3+0.3-6.6-1.4-4.8

15d

-6.7+1.0-7.7-2.0-4.7

-13.9-2.4-11.5-3.0-10.9

—————

UpDownMarket · Nifty Microcap 250Sector · Other Consumer Services peers, median of 25Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Veranda Learning's authorised share capital rose from INR 110 Crores to INR 147.5 Crores, pursuant to its Composite Scheme of Arrangement. The INR 37.5 Crores increase came from amalgamating Veranda XL Learning Solutions (VXLS) into VLS. The scheme also names J.K. Shah Commerce Education as a Resulting Company, indicating a demerger aspect. New structure: 13.35 Crore equity shares and 1.40 Crore preference shares of INR 10 each.

Likely market impact

Scheme is now effective; capital restructuring done ahead of share allotment to scheme participants.