NSEPress Release1d ago · 24 Sept 2026, 10:00 am
Press Release
Veranda Learning Solutions Limited · VERANDA
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Veranda Learning Solutions Limited has fixed October 6, 2026 as the Record Date for determining the shareholders eligible to receive equity shares of J.K. Shah Commerce Education Limited, pursuant to the Composite Scheme of Arrangement sanctioned by the Hon'ble National Company Law Tribunal (NCLT), Chennai Bench-I.
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Veranda Learning Solutions Limited has informed the Exchange regarding a press release dated September 24, 2026, titled "Veranda Learning Solutions Limited fixes October 6, 2026 as Record Date for Commerce Vertical Demerger".
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Veranda Learning Solutions Limited
September 24, 2026
BSE Limited National Stock Exchange of India Limited
Dept of Corporate Services, The Listing Department,
Phiroze Jeejeebhoy Towers, Exchange Plaza,
Dalal Street, Fort, Bandra Kurla Complex,
Mumbai – 400 001 Mumbai – 400 051
Scrip Code: 543514 Symbol: VERANDA
Dear Sir/Madam,
Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements)
Regulations, 2015
Please find enclosed a copy of the press release titled “Veranda Learning Solutions Limited fixes October
6, 2026 as Record Date for Commerce Vertical Demerger” for your reference.
Kindly take the same on record and display on the website of your exchange.
This information will also be available on the Company's website at
https://www.verandalearning.com/web/index.php/stock-exchange-intimations
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 fixes October 6, 2026 as Record Date for Commerce Vertical
Demerger
Chennai: Veranda Learning Solutions Limited has announced that it has fixed October 6, 2026, as the
Record Date for determining the shareholders eligible to receive equity shares of J.K. Shah Commerce
Education Limited (JSCEL), pursuant to the Composite Scheme of Arrangement sanctioned by the
Hon’ble National Company Law Tribunal (NCLT), Chennai Bench-I.
J.K. Shah Commerce Education Limited will be led by Prof. J.K. Shah as Executive Director cum
Chairman, providing strategic leadership as the company builds on its strong legacy and expands its
presence in Commerce education.
Share Entitlement
As per the sanctioned Scheme:
• Eligible shareholders of Veranda Learning as on the Record Date will receive 1 equity share of
J.K. Shah Commerce Education Limited for every 1 equity share held in Veranda Learning.
• The shares will be allotted without any additional payment by eligible shareholders, subject to
the terms of the Scheme and applicable regulatory requirements.
• J.K. Shah Commerce Education Limited will subsequently pursue listing of its equity shares on
BSE Limited and National Stock Exchange of India Limited, subject to applicable approvals and
processes.
Commenting on the development, Suresh Kalpathi, Executive Director and Chairman, Veranda
Learning Solutions Limited, said, “The fixing of the Record Date marks another important milestone in
the demerger of our Commerce business. The creation of a focused, independently managed
Commerce education company will enable greater agility, sharper execution and dedicated growth
strategies, while allowing our shareholders to participate directly in its future growth.”
Prof. J.K. Shah, set to assume the role of Executive Director & Chairman, J.K. Shah Commerce Education
Limited, said, “The creation of J.K. Shah Commerce Education Limited marks an important new chapter
for our Commerce education businesses. It brings together established brands, academic expertise
and a shared commitment to helping students build strong foundations for their professional journeys.
As a focused Commerce education company, JSCEL will be able to deepen its academic offerings,
strengthen its presence across markets and build on the trust that generations of students have placed
in the J.K. Shah legacy.”
The demerger will bring Veranda Learning’s Commerce education businesses and brands, including J.K.
Shah Classes, BB Virtuals, Navkar Digital Institute, Tapasya College of Commerce and Logic School of
Management, under JSCEL. The focused structure is intended to provide the Commerce education
business with greater operational independence and strategic focus, while enabling it to build on its
established brands, academic capabilities and market presence.
Safe Harbour
This press release contains certain forward-looking statements regarding our plans, strategies,
intentions, and beliefs concerning our business and the markets in which we operate. We assume no
obligation to update these statements as circumstances change. There are risks and uncertainties that
could cause actual events to differ materially from these forward-looking statements. Readers and
investors are advised to exercise caution in taking an investment decision based on the above press
release.
About Veranda Learning Solutions
Established in 2018 by the Kalpathi AGS Group, Veranda Learning Solutions Limited has rapidly evolved
into a prominent, publicly listed education company. With a strong presence in schools, colleges, test
preparation, study abroad, and software upskilling, Veranda has expanded its nationwide reach and
impact. The company integrates advanced technology, robust processes, and innovative
methodologies to offer high-quality, personalized learning experiences. Committed to driving student
success and academic excellence, Veranda employs a multi-modal delivery system supported by a
disciplined and comprehensive learning framework. For more information, please visit
www.verandalearning.com