Veranda Learning Solutions Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
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Veranda Learning Solutions Limited has announced the results of a postal ballot conducted via remote e-voting between March 7, 2026 and April 5, 2026. The single resolution sought shareholder approval for material related party transactions between Veranda XL Learning Solutions Private Limited and its related parties. Out of 13,092 shareholders on the record date, 72 shareholders cast votes totaling 1,01,59,177 shares, with 99.99% (1,01,58,019 shares) voting in favour and only 1,158 shares (0.01%) voting against. The promoter and promoter group (holding 3,25,07,850 shares) did not vote as they were interested in the resolution, meaning the approval came entirely from public shareholders.
The related party transaction has been cleared with overwhelming public shareholder support, reducing any governance overhang. Since promoters did not participate in the vote, the strong public approval signals comfort with the transaction terms. For retail investors, this means the deal can now proceed, though the specific financial terms and counter-parties of the RPT are not disclosed in this filing.