Please find the enclosed disclosure
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Veranda Learning Solutions announced the grant of 12,000 Employee Stock Options (ESOPs) to employees forming part of the Strategic Team, approved by the Nomination and Remuneration Committee on May 21, 2026. The exercise price is Rs. 68.50 per equity share of face value Rs. 10 each. The options will vest over a period of not earlier than 1 year and not later than 4 years from the grant date, with a maximum exercise window of 6 years from vesting. The company is governed by SEBI (SBEB) Regulations, 2021, and disclosure is made under Regulation 30 of the SEBI Listing Regulations.
The grant of ESOPs to the strategic team aligns employee interests with company performance, which is generally positive for retention and long-term growth. The dilution is minimal at 12,000 shares and is not expected to have a material impact on earnings per share in the near term.