Cost of acquisition split guidance after JSCEL demerger: 64.50% VLS, 35.50% JSCEL

Demerger Ratio AnnouncedNclt Scheme FiledStrategic 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

+5.0%Reaction day

₹34.39

prior close

₹36.10

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.8%+4.1% vs market

Other Consumer Services peers, median of 22sector · industry level+0.0%+5.0% vs sector

On the reaction day the stock moved 4.1 pts more than Nifty Microcap 250 and 5.0 pts more than its Other Consumer Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.0+0.8+4.1+0.0+5.0

Next day

+10.2+1.0+9.2+1.0+9.2

+15.7+1.7+14.0+1.2+14.5

+21.4+0.1+21.4+1.3+20.2

+15.4+0.8+14.6+1.1+14.2

+9.6-0.9+10.5-0.2+9.8

-1.0-4.5+3.4-4.6+3.5

15d

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UpDownMarket · Nifty Microcap 250Sector · Other Consumer Services peers, median of 22Pending

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

AI summary

Following the demerger of Veranda's Commerce Business into J.K. Shah Commerce Education Ltd (JSCEL), shareholders received 1 JSCEL share for every 1 Veranda share (record date Oct 6, 2026). Total 9.65 crore JSCEL shares were allotted. Cost of acquisition is split 64.50% to Veranda and 35.50% to JSCEL. Demerger is tax-neutral under IT Act.

Likely market impact

Shareholders now also hold JSCEL shares alongside Veranda. The demerger is tax-neutral. Original cost must be split 64.50% to Veranda and 35.50% to JSCEL for future capital gains.