VERANDA LEARNING SOLUTIONS LIMITED has informed the Exchange about Resignation of Statutory Auditor
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M/s. S C V J & Associates has resigned as the Statutory Auditor of BB Virtuals Private Limited, a material subsidiary of Veranda Learning Solutions, effective November 4, 2025. The resignation comes ahead of the auditor's scheduled term end of March 31, 2029 and is attributed to a change in management following Veranda's acquisition of BB Publication Private Limited (the holding company of BB Virtuals). Veranda's policy is to appoint a common statutory auditor across all its material subsidiaries for governance alignment. Accordingly, Deloitte Haskins & Sells has been appointed as the new Statutory Auditor of BB Virtuals. The outgoing auditor confirmed there are no concerns, disputes, or any other reasons for the resignation, and had already completed the limited review for Q2 FY26 (quarter ended September 30, 2025).
This is a routine post-acquisition governance realignment and not driven by any audit concerns or disputes. The appointment of Deloitte Haskins & Sells, a Big-4 firm, may be viewed positively by investors for strengthening audit quality. The change is at the subsidiary level, so the direct impact on the listed entity (Veranda) is minimal.