Updates

Veranda Learning Solutions Limited September 23,2026 BSE Limited National Stock Exchange of India Limited Dept of Corporate Services, The Listing Department, Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Dalal Street, Fort, Kurla Complex, Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 543514 Symbol: VERANDA Dear Sir / Madam, Sub: Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “SEBI Listing Regulations”) Pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we hereby inform you that J.K. Shah Commerce Education Limited (JSCEL), a wholly owned subsidiary of Veranda Learning Solutions Limited (“VLS/the Company”), has approved the issuance of Senior, Secured, Redeemable, Unrated and Unlisted Non-Convertible Debentures (“NCDs”), denominated in Indian Rupees, having a face value of Rs.1,00,000 (Rupees One Lakh) each, aggregating to Rs.143,00,00,000 (Rupees One hundred and Forty Three Crores only), in dematerialized form, on a private placement basis, subject to applicable laws and requisite approvals. The proceeds of the issue are to be utilized by JSCEL towards (i) repayment of its entire existing loan facility from RBL Bank Limited, and (ii) general corporate purposes. The details in this regard, pursuant to Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed as Annexure A The aforesaid information is also hosted on the website of the Company viz. https://www.verandalearning.com/web/index.php/stock-exchange-intimations Kindly take the same on record and display the same on the website of your exchange. Thanks & Regards For Veranda Learning Solutions Limited S Balasundharam Company Secretary & Compliance Officer M. No: ACS-11114 Veranda Learning Solutions Limited G.R. Complex, First Floor, No. 807-808, Anna Salai, Nandanam, Chennai - 600 035 CIN: L74999TN2018PLC125880 Email- secretarial@verandalearning.com www.verandalearning.com Ph: +91 44 4690 1007 Veranda Learning Solutions Limited Annexure A Sl. No Particular Details a) Size of the Issue Rs. 143,00,00,000/- (Indian Rupees One Hundred and Forty-Three Crore only) b) Whether proposed to be listed? If yes, name of No. The NCDs are unlisted. the stock exchange(s); c) tenure of the instrument -date of allotment and Tenure: 5 years from the deemed date of allotment. date of maturity; Date of allotment: Not Applicable Date of Maturity: 5 years from the deemed date of allotment. d) coupon/interest offered, schedule of Fixed Coupon Rate: 0.001% Per Annum payment of coupon/interest and principal; Schedule of payment of coupon/interest and principal: On redemption e) charge/security, if any, created over the assets The principal amount of the NCDs, together with interest accrued thereon, shall be secured by way of a charge on all movable and immovable assets of JSCEL, such that the security cover is maintained at a minimum of 1x (one time) of the outstanding principal amount and accrued interest at all times. f) special right/interest/privileges attached to the Not Applicable instrument and changes thereof g) delay in payment of interest / principal amount Not Applicable for a period of more than three months from the due date or default in payment of interest / principal h) details of any letter or comments regarding Not Applicable payment/non -payment of interest, principal on due dates, or any other matter concerning the security and /or the assets along with its comments thereon, if any i) details of redemption of preference Not Applicable shares indicating the manner of redemption (whether out of profits or out of fresh issue) and debentures Veranda Learning Solutions Limited G.R. Complex, First Floor, No. 807-808, Anna Salai, Nandanam, Chennai - 600 035 CIN: L74999TN2018PLC125880 Email- secretarial@verandalearning.com www.verandalearning.com Ph: +91 44 4690 1007 Veranda Learning Solutions Limited j) Any cancellation or termination of proposal Not Applicable for issuance of securities including reasons thereof Veranda Learning Solutions Limited G.R. Complex, First Floor, No. 807-808, Anna Salai, Nandanam, Chennai - 600 035 CIN: L74999TN2018PLC125880 Email- secretarial@verandalearning.com www.verandalearning.com Ph: +91 44 4690 1007