VERANDA · price
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Awaiting price reaction for this filing.
Veranda Learning Solutions has published an addendum to the notice of its 7th Annual General Meeting, scheduled for Monday, September 29, 2025, at 11:30 AM via video conferencing. The addendum, published in Financial Express (English) and Makkal Kural (Tamil) on September 26, 2025, relates to Item No. 6 of the original AGM Notice. At a Board meeting held on September 25, 2025, the Board identified a party for entering into definitive agreements for the sale of the company's vocational education and training division. The addendum provides additional information in the explanatory statement to inform shareholders about this development. The filing is being made to BSE and NSE under Regulation 30 and 47 of SEBI's Listing Obligations and Disclosure Requirements.
Shareholders should note that the company is moving towards divesting its vocational education and training division, with a buyer already identified. This is a material business decision that may affect the company's future revenue mix and focus, and shareholders will likely vote on it at the upcoming AGM on September 29, 2025.