Veranda Learning Solutions Limited — Important, 22-07-2025: General Updates

Veranda Learning Solutions has successfully completed its Qualified Institutions Placement (QIP), raising approximately **INR 357.42 Cr**. The company allotted 1,58,71,173 equity shares to qualified institutional buyers at INR 225.20 each, reflecting a 4.95% discount to the floor price. This significant capital infusion will bolster the company's balance sheet, providing essential funds for strategic growth, operational scaling, and business development. A key move to fuel expansion plans.