VERANDANSEVeranda Learning Solutions LimitedMinimalNeutral
Announced Mon, 15 Jun · 19:18 IST

Newspaper publication of NCLT hearing notice for composite scheme

VERANDA · price

Loading chart…

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

Price reaction · full curve 14 horizons · vs prior close
-3.5%1-day move
₹242.99
prior close
₹244.70
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.7+0.1+0.2+0.1-3.5+0.0+0.8-1.5-0.4-3.7-0.8-6.2
Up moveDown movePending
AI summary

Veranda Learning Solutions has filed a copy of the newspaper advertisement regarding the NCLT Chennai Bench hearing notice for its Composite Scheme of Arrangement involving Veranda Learning Solutions, Veranda XL Learning Solutions, and J.K. Shah Commerce Education. The Tribunal admitted the petitions on June 3, 2026, and has fixed July 7, 2026 as the hearing date. The ad was published on June 15, 2026 in The Indian Express and Daily Thanthi. Objectors must send notices at least 7 days before the hearing.

Likely market impact

Next step in the composite scheme process; NCLT approval is required before the merger can take effect, impacting shareholding structure.