VERANDANSEVeranda Learning Solutions LimitedMinimalNeutral
Announced Tue, 24 Mar · 18:24 IST

Veranda Learning Solutions Limited has informed the Exchange about Copy of Newspaper Publication

VERANDA · price

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▲ 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
-3.3%1-day move
₹143.00
prior close
₹143.00
base price
After-mkt
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+2.1+3.9+3.5+4.0-3.3-7.0+0.3+0.9+0.0+1.0+8.8+11.3+66.0+63.6
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AI summary

Veranda Learning Solutions Limited has submitted copies of newspaper advertisements published on March 24, 2026, in Financial Express (English) and Makkal Kural (Tamil), as required under SEBI LODR Regulations 30 and 47. The advertisements notify an equity shareholders' meeting scheduled for Friday, April 24, 2026, at 11:00 A.M. via Video Conference / OAVM. The meeting has been directed by the National Company Law Tribunal (NCLT), Chennai Bench (Application No. C.A.(CAA)/13/CHE/2026, order dated March 18, 2026) to consider and approve a Composite Scheme of Arrangement involving Veranda Learning Solutions (Amalgamated and Demerged Company), Veranda XL Learning Solutions Private Limited (Amalgamating Company), and JK Shah Commerce Education Limited (Resulting Company), along with their shareholders and creditors. The cut-off date for eligibility is April 17, 2026, and remote e-voting is open from April 20 (9:00 AM) to April 23 (5:00 PM). Mr. Anil Sharma has been appointed as Chairperson and Mrs. Vinita Varshini as Scrutinizer by the Tribunal.

Likely market impact

This is a procedural disclosure required to inform shareholders about the upcoming NCLT-ordered meeting to vote on a proposed composite scheme of amalgamation and demerger. No immediate financial impact, but the shareholder vote on April 24 will be a decisive event for the company's future corporate structure. Investors should review the scheme document available on the company's website before voting.