The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on August 11, 2025 for Kalpathi S Aghoram, ....
VERANDA · price
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Awaiting price reaction for this filing.
The promoters of Veranda Learning Solutions — Kalpathi S Aghoram, Kalpathi S Ganesh, and Kalpathi S Suresh — have released the encumbrance (Non-Disposal Undertaking) on their shares. The release follows the full redemption of debentures, with Catalyst Trusteeship Limited issuing an NOC on August 8, 2025. A total of approximately 1.41 crore shares (about 15.14% of share capital) have been freed from encumbrance, with each of the three promoters seeing 47.23 lakh shares (5.05%) released. Post-release, the promoters hold about 3.85 crore shares (41.10% of the company) with zero encumbered shares. The total promoter group holding remains unchanged — only the encumbrance status has changed.
Positive for shareholders — the promoters have cleared their pledged/encumbered shares after redeeming the underlying debentures, reducing balance-sheet and forced-sale risks linked to the promoter group. Promoter holding stays at 41.10%, below the 50% threshold.