Saraswati Commercial India Ltd — Updates, 22-07-2025: Company Update
22-07-2025 | 12:55 pm
22-07-2025 | 12:55 pm
Saraswati Commercial (India) Limited, an NBFC focused on share investments, has announced a significant cash investment by subscribing to 4,44,049 equity shares of Veranda Learning Solutions Limited at Rs. 225.20 per share, totaling approximately Rs. 9.99 Crore. This investment, made through the Qualified Institutional Buyers (QIB) category, aligns with Saraswati Commercial's core business as a financial investor. Veranda Learning Solutions operates in the E-Learning industry, developing and managing an integrated EdTech platform and recently launched a QIP issue of Rs. 380 Crore. This move highlights Saraswati Commercial's strategic deployment of capital into the education technology sector.
No comments yet. Be the first to comment!
