Veranda Learning Solutions Limited — Important, 02-07-2025: Updates

Veranda Learning Solutions Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company allotted 21.49 lakh equity shares at Rs. 221 each via preferential issue, raising Rs. 47.49 Cr in exchange for acquiring 4.75 crore shares of Veranda Administrative Learning Solutions Private Limited (VALSPL). Consequently, VALSPL is now a wholly owned subsidiary of Veranda Learning Solutions. Post allotment, the company's paid-up share capital increased to 7.65 crore shares. Six non-promoter individuals were allotted shares under this issue.