Credit Rating- New

Veranda Learning Solutions Limited June 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: Intimation of Credit Rating- Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (“SEBI Listing Regulations”) Pursuant to Regulation 30 of the SEBI Listing Regulations, we wish to inform you that India Ratings and Research Pvt. Ltd. has assigned credit ratings to the bank facilities of Veranda Learning Solutions Limited. In this regard, the Credit Rating Letter issued by India Ratings and Research Pvt. Ltd. is enclosed herewith for your reference and dissemination on your website. Further, we would like to inform you that the Credit Rating Letter dated June 22, 2026, was received by the Company via email on June 24, 2026. Date of occurrence of event/information June 24, 2026 Time of occurrence of event/information 04.43 P.M (IST) The aforesaid information is also hosted on the website of the Company viz. https://www.verandalearning.com/web/index.php/stock-exchange-intimations Thanking you, 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 Mohasin Khan S.P Chief Financial Officer Veranda Learning Solutions Limited G.R Complex, First Floor, No. 807–808, Anna Salai, Nandanam, Chennai – 600 035 June 22, 2026 Dear Sir/Madam, Re: Rating Letter for BLR of Veranda Learning Solutions Limited India Ratings and Research (Ind-Ra) has taken the following rating actions on Veranda Learning Solutions Limited’s (VLS) bank loan facilities: Instrument Date of Coupon Maturity Size of Issue Rating Assigned with Outlook/Watch Rating Action Type Issuance Rate Date (million) Bank loan - - - INR1,400 IND BBB-/Rating Watch with Developing Assigned and Placed on Rating Watch with facilities Implications Developing Implications In issuing and maintaining its ratings, India Ratings relies on factual information it receives from issuers and underwriters and from other sources India Ratings believes to be credible. India Ratings conducts a reasonable investigation of the factual information relied upon by it in accordance with its ratings methodology, and obtains reasonable verification of that information from independent sources, to the extent such sources are available for a given security. 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India Ratings is not your advisor, nor is India Ratings providing to you or any other party any financial advice, or any legal, auditing, accounting, appraisal, valuation or actuarial services. A rating should not be viewed as a replacement for such advice or services. Investors may find India Ratings ratings to be important information, and India Ratings notes that you are responsible for communicating the contents of this letter, and any changes with respect to the rating, to investors. It will be important that you promptly provide us with all information that may be material to the ratings so that our ratings continue to be appropriate. Ratings may be raised, lowered, withdrawn, or placed on Rating Watch due to changes in, additions to, accuracy of or the inadequacy of information or for any other reason India Ratings deems sufficient. Nothing in this letter is intended to or should be construed as creating a fiduciary relationship between India Ratings and you or between India Ratings and any user of the ratings. In this letter, “India Ratings” means India Ratings & Research Pvt. Ltd. and any successor in interest. We are pleased to have had the opportunity to be of service to you. If we can be of further assistance, please email us at infogrp@indiaratings.co.in Sincerely, India Ratings Barath Ramjee Director VerandaLearningSolutionsLimited 22-June-2026 Annexure: Facilities Breakup Instrument Description Bank Name Ratings Outstanding/Rated Amount(INR million) Term loan City Union Bank IND BBB-/Rating Watch with Developin [Showing first 8,000 characters — download PDF for full document]