Veranda Learning Solutions Limited — Important, 15-12-2024: Agreements

Veranda Learning Solutions Limited has amended its debenture trust deed with Axis Trustee Services Limited. This amendment involves a mutual revision of terms related to unlisted non-convertible debentures (NCDs), including changes to the interest rate and tenure. This adjustment reflects ongoing negotiations with NCD holders, which may enhance the company’s financial flexibility and strengthen its capital structure. Investors should consider the implications of this amendment, as it may indicate improved terms that could positively impact the company's cash flow and overall financial health. Watch closely for how these changes affect future performance and strategic objectives.