- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
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Veranda Learning Solutions Limited has announced a board meeting on the financial results for the quarter and half-year. The company allotted 11.86 lakh equity shares at Rs. 221 per share via a preferential issue to acquire 1,059 shares of BB Publication Private Limited, increasing its stake to 51%. This allotment raised Rs. 26.21 Cr by non-cash consideration, bringing the paid-up equity capital to Rs. 77.73 Cr. This strategic move strengthens Veranda’s presence through its majority holding in BB Publication.