Veranda Learning Solutions Limited — Others, 13-08-2025: Monitoring Agency Report

Veranda Learning Solutions' Monitoring Agency Report for the quarter ended June 30, 2025, indicates the company fully utilized the 35 Cr raised from preferential equity shares by March 31, 2025. Additionally, 6.25 Cr, representing 25% of the convertible warrant subscription, was also utilized by that date. The remaining 18.75 Cr from warrant proceeds is yet to be received. The report confirms no deviation from the stated utilization objectives, which primarily involve growth initiatives, debt repayment, and general corporate purposes. No new funds were received or utilized during the quarter ending June 30, 2025, providing clarity on fund deployment for investors.