---
title: "Veranda Learning Solutions Ltd (VERANDA) — Share Price, Financials & Analysis"
symbol: "VERANDA"
company: "Veranda Learning Solutions Ltd"
canonical: "https://tapetide.com/stocks/VERANDA"
isin: "INE0IQ001011"
nse_symbol: "VERANDA"
bse_code: "543514"
sector: "Consumer Discretionary"
industry: "Other Consumer Services"
market_cap_cr: 2176.85
generated_at: "2026-09-13T19:16:05.883Z"
---

# Veranda Learning Solutions Ltd (VERANDA)

Canonical page: https://tapetide.com/stocks/VERANDA

## Company

- **NSE Symbol:** VERANDA
- **BSE Code:** 543514
- **ISIN:** INE0IQ001011
- **Sector:** Consumer Discretionary
- **Industry:** Other Consumer Services
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2022-04-11
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** verandalearning.com

## About

Incorporated in 2018, Veranda Learning Solutions Ltd is developing & managing an integrated online-to-offline (O2O) EdTech platform which offers a wide range of learning programs for learners preparing for competitive and professional exams[1]

## Latest Price

- **Price:** ₹225.24
- **Change:** -5.27 (-2.29%)
- **Open:** ₹230.1
- **Day High:** ₹232.86
- **Day Low:** ₹223.66
- **Previous Close:** ₹230.51
- **Volume:** 334713
- **As Of:** 2026-09-11T09:59:53+00:00

## Key Fundamentals

Observed at 2026-09-11T04:46:06.368371Z.

- **Market Cap:** ₹2176.85 Cr
- **Classification:** Microcap
- **P/E (reported):** 14.1
- **P/E (TTM):** 14.99
- **EPS (TTM):** ₹15.03
- **Book Value:** ₹99.11
- **Price to Book:** 2.33
- **Dividend Yield:** 0%
- **ROE:** 13.45%
- **ROCE:** 14.15%
- **Debt to Equity:** 0.4
- **Revenue (yearly):** ₹518.8 Cr
- **Net Income:** ₹128.9 Cr
- **EBITDA:** ₹204 Cr
- **52-Week High:** ₹272.5
- **52-Week Low:** ₹130.02
- **RSI (14):** 40.28

## Tapetide Score

- **Score:** 61 / 100
- **Score date:** 2026-09-04
- **Archetype:** Quality at a Reasonable Price
- **What it means:** Financial strength is not being paid for with a demanding multiple. The question worth asking is whether the quality is durable or reflects a good patch — check the consistency of returns over several years rather than the latest quarter.
- **Pillar profile:** Quality: Good · Valuation: Cheap · Momentum: Rising
- **Percentile:** 90.4 (of 4473 scored stocks)
- **Confidence:** 98%
- **Data coverage:** 95%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 39.97 | 9% |
| growth | 83.23 | 9% |
| momentum | 84.51 | 12% |
| ownership | 65.95 | 24% |
| quality | 61.9 | 22% |
| valuation | 61.8 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has reduced debt.
- Company is expected to give good quarter
- Company has delivered good profit growth of 36.9% CAGR over last 5 years
- Debtor days have improved from 37.3 to 25.5 days.

### Weaknesses

- Promoter holding is low: 33.8%
- Company has a low return on equity of -24.0% over last 3 years.
- Promoters have pledged 30.4% of their holding.
- Earnings include an other income of Rs.111 Cr.
- Company's cost of borrowing seems high
- Promoter holding has decreased over last 3 years: -26.3%

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 234.12% | 296.36% | 369.15% |
| ebitda margin growth | 4.31% | 81.78% | 133.63% | -176.11% |
| net income growth | 115.92% | -160.32% | 30% | 37% |
| revenue growth | 7.28% | 29.44% | 44% | 185% |
| roce | 7.16% | -339.83% | — | -4.74% |
| roe | 115.73% | -116.17% | -30.08% | -117.7% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 98 | 92 | 103 | 119 | 106 | 99 | 87 | 106 | 127 | 117 | 132 | 150 |
| Expenses | 84 | 78 | 81 | 99 | 78 | 132 | 69 | 74 | 81 | 79 | 85 | 98 |
| Operating Profit | 15 | 14 | 21 | 20 | 28 | -33 | 18 | 32 | 46 | 38 | 47 | 52 |
| OPM % | 15 | 15 | 21 | 17 | 26 | -33 | 21 | 30 | 36 | 32 | 35 | 35 |
| Other Income | 2 | 4 | 1 | 7 | -3 | -1 | 38 | 20 | 90 | 10 | 6 | 4 |
| Interest | 10 | 20 | 40 | 30 | 33 | 33 | 36 | 31 | 19 | 13 | 15 | 11 |
| Depreciation | 6 | 18 | 23 | 22 | 20 | 140 | 15 | 14 | 14 | 15 | 15 | 14 |
| Profit before tax | 0 | -20 | -39 | -25 | -28 | -206 | 6 | 7 | 103 | 20 | 24 | 30 |
| Tax % | 667 | -18 | -2 | 2 | 13 | -2 | -46 | 21 | 7 | 36 | 34 | -11 |
| Net Profit | -2 | -17 | -39 | -25 | -32 | -203 | 8 | 6 | 96 | 13 | 16 | 34 |
| EPS in Rs | -0.31 | -2.49 | -5.93 | -3.75 | -4.46 | -27.15 | 0.65 | -0.09 | 10.01 | 1.08 | 0.92 | 3.02 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 3 | 75 | 161 | 362 | 358 | 482 | 525 |
| Expenses | 10 | 114 | 233 | 307 | 313 | 316 | 343 |
| Operating Profit | -8 | -39 | -72 | 55 | 44 | 166 | 183 |
| OPM % | -300 | -52 | -44 | 15 | 12 | 34 | 35 |
| Other Income | 0 | 1 | 38 | 8 | 5 | 124 | 111 |
| Interest | 0 | 9 | 11 | 79 | 131 | 78 | 58 |
| Depreciation | 1 | 14 | 45 | 67 | 164 | 58 | 59 |
| Profit before tax | -8 | -61 | -89 | -83 | -246 | 154 | 177 |
| Tax % | 0 | -4 | -11 | -7 | 2 | 15 | — |
| Net Profit | -8 | -58 | -79 | -77 | -252 | 130 | 158 |
| EPS in Rs | -11.83 | -14.2 | -12.86 | -11.66 | -33.25 | 10.97 | 15.03 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 7 | 41 | 62 | 69 | 74 | 96 |
| Reserves | -7 | 36 | 244 | 307 | 183 | 862 |
| Borrowings | 7 | 203 | 306 | 583 | 660 | 382 |
| Other Liabilities | 5 | 100 | 275 | 667 | 947 | 476 |
| Total Liabilities | 12 | 380 | 887 | 1626 | 1863 | 1817 |
| Fixed Assets | 4 | 255 | 734 | 1432 | 1612 | 1268 |
| CWIP | 2 | 0 | 3 | 10 | 0 | 0 |
| Investments | 0 | 0 | 0 | 5 | 5 | 394 |
| Other Assets | 6 | 125 | 150 | 180 | 246 | 155 |
| Total Assets | 12 | 380 | 887 | 1626 | 1863 | 1817 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -5 | -39 | 15 | 27 | 32 | 106 |
| Cash from Investing Activity | -6 | -225 | -342 | -231 | -49 | -103 |
| Cash from Financing Activity | 12 | 313 | 363 | 139 | 51 | -26 |
| Net Cash Flow | 0 | 48 | 36 | -65 | 34 | -24 |
| Free Cash Flow | -11 | -43 | -75 | 14 | 20 | 92 |
| CFO/OP | 65 | 88 | -28 | 49 | 92 | 71 |

### Ratios

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 46 | 17 | 12 | 39 | 47 | 25 |
| Inventory Days | 1011 | — | — | — | — | — |
| Days Payable | 4731 | — | — | — | — | — |
| Cash Conversion Cycle | -3674 | 17 | 12 | 39 | 47 | 25 |
| Working Capital Days | -993 | -438 | -126 | -435 | -431 | -71 |
| ROCE % | — | -37 | -25 | 0 | -8 | 13 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 53.46% | 53.63% | 53.63% | 54.88% | 54.79% | 54.79% | 53.43% | 50.31% | 33.96% | 33.96% | 33.8% | 33.75% |
| FIIs | 2.99% | 2.18% | 2.2% | 1.84% | 1.09% | 1.12% | 0.87% | 1.3% | 2.92% | 2.64% | 2.37% | 2.83% |
| DIIs | 0.01% | 0% | 0.29% | 0.28% | 0.35% | 0.36% | 0.13% | 0.12% | 1.49% | 1.13% | 0.56% | 0.56% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.01% | 0% | 0% | 0% | 0% |
| Public | 30.73% | 30.75% | 31.06% | 32.12% | 32.59% | 31.58% | 32.99% | 34.76% | 32.5% | 36.63% | 37.76% | 36.78% |
| Others | 12.81% | 13.44% | 12.82% | 10.88% | 11.18% | 12.15% | 12.58% | 13.5% | 29.13% | 25.63% | 25.51% | 26.08% |
| No. of Shareholders | 12691 | 11207 | 12193 | 13131 | 10850 | 11587 | 11230 | 11383 | 12210 | 13394 | 13218 | 12470 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 5 / 4 / 10

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 238.51 | Sell |
| EMA (10) | 236.16 | Sell |
| SMA (20) | 241.74 | Sell |
| EMA (20) | 239.76 | Sell |
| SMA (50) | 241.71 | Sell |
| EMA (50) | 239.05 | Sell |
| SMA (100) | 232.82 | Sell |
| EMA (100) | 230.08 | Sell |
| SMA (200) | 207.65 | Buy |
| EMA (200) | 220.21 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 36.91 | Neutral |
| MACD (12,26,9) | -3.26 | Sell |
| Stochastic (14,3,3) | 6.56 | Buy |
| ADX (14) | 13.49 | Neutral |
| Williams %R (14) | -94.99 | Buy |
| ATR (14) | 10.31 | High Volatility |
| ROC (12) | -7.42 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 31.06 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-04 | [Announcement under Regulation 30 (LODR)-Allotment](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e907abc7-0579-43ef-bae3-d5a1d2116c07.pdf) |
| 2026-08-31 | [Announcement Under Regulation 30 Of SEBI LODR Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cebda71e-e0ed-4689-bcaa-da68f9f02c29.pdf) |
| 2026-08-31 | [Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bd2497ac-c045-490f-aece-2b35e40185ab.pdf) |
| 2026-08-28 | [Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a0e13d09-3959-4781-9f65-9efba314e8b8.pdf) |
| 2026-08-24 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=437bf505-01e5-4b12-a7b1-52937c293038.pdf) |
| 2026-08-21 | [Receipt Of Copy Of Order Of Scheme Of Arrangement Obtained From The Honble NCLT Chennai Bench](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b8062772-bad9-470c-a0ba-11a7c21d7f3b.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cf250c7a-56df-4b8d-9132-0c295c9db793.pdf) |
| 2026-08-13 | [Board Meeting Outcome for The Meeting Held On August 13 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2ae65e45-0b06-448b-840e-4c35ef82b5a1.pdf) |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5575f31d-468e-45df-9238-77206f7a8e2f.pdf) |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Monitoring Agency Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d12ad65d-f71e-4de7-9cad-adcb155f3b61.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-08-17 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=18de19f3-66af-402e-86ad-d04b7d98b200.pdf) |
| 2026-06-01 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b28999e2-636a-4a75-a881-12f7f4817957.pdf) |
| 2026-02-09 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=55b5597d-bb9e-45b0-bfb1-0e921a19d719.pdf) |
| 2025-10-30 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=90e421fc-6d70-4501-9f7a-4299cab77c3e.pdf) |
| 2025-08-08 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d2c229e3-283d-423c-b6ef-f4d7948984b9.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-13 | [Results - Financial Results For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=59d1a253-95ad-444b-8352-42e56ceba83e.pdf) |
| 2026-05-30 | [Results - Financial Results For The Quarter And Year Ended March 312026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=361ec112-fb53-4703-ba2c-80bdeeccfa88.pdf) |
| 2026-02-06 | [Results-Financial Results For The Quarter Ended December 312025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=784036c5-7a66-4aec-9aff-4ae0dab2fdf8.pdf) |
| 2025-10-28 | [Unaudited Financial Results (Consolidated And Standalone) For The Quarter And Half Year Ended September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=58f613e0-0117-44f2-bd65-0ee65fbd6d9c.pdf) |
| 2025-08-05 | [Unaudited Financial Results (Consolidated And Standalone) For The Quarter Ended June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=668a12b9-2079-44c2-af11-18678853e06c.pdf) |
| 2025-05-28 | [Financial Results For The Quarter And Year Ended March 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b7c119c9-2581-40e4-95dc-8103df429ab5.pdf) |
| 2023-05-29 | [Board Meeting Outcome for Intimation Of Outcome Of The Board Meeting Of Veranda Learning Solutions Limited Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8fdb2470-de0f-4ece-a7da-dad1dea8d3e9.pdf) |
| 2023-02-09 | [Board Meeting Outcome for Intimation Of Outcome Of The Board Meeting Of Veranda Learning Solutions Limited Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=78e9ad3a-8213-475b-b41d-57cfa0f0bd26.pdf) |
| 2022-11-12 | [Board Meeting Outcome for Financial Results For The Quarter And Half Year Ended 30Th September 2022.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=54e5a31b-2407-4862-bfdf-4b9017d3a074.pdf) |
| 2022-08-13 | [Board Meeting Outcome for Intimation Of Outcome Of The Board Meeting Of Veranda Learning Solutions Limited Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3fb120db-8d6d-40a3-9a17-ebaa15e3fdb1.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=26f5aebe-3d75-4011-a559-2a872fa99062.pdf) |
| 2026-05-30 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a3833eb4-04d6-40ce-bbd7-c52cbede84db.pdf) |
| 2026-02-06 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=433fd0f8-67e2-4be3-8165-e5e6e7d3daf1.pdf) |
| 2025-10-28 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f3e19d76-5e7e-40cd-994e-8123ed3c5329.pdf) |
| 2025-09-15 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7f6060a4-3fe2-4863-812b-6fb2e9fc95f8.pdf) |
| 2025-08-05 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3c430640-3d74-4722-900c-9af8fb7bb359.pdf) |
| 2025-07-28 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8bd916e5-151c-495e-9919-a3c96d6cbef8.pdf) |
| 2025-06-26 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ef2d4ada-cd23-4ed5-bd42-b65d8661ea51.pdf) |
| 2025-01-14 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=684f6084-c331-4fd9-93d9-6be93fafcc39.pdf) |
| 2023-12-08 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4465dea7-ba63-4438-b96f-d8a5cce5efd0.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=671500cb-ce5e-404d-844d-7fa1d8ddd088.pdf) |
| 2026-05-30 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=019a5220-002b-4f04-bd1e-5967a17c2b26.pdf) |
| 2026-02-06 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0e83e624-9c6b-4ec1-8ae8-a0668a159325.pdf) |
| 2025-10-28 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=67f68fb1-32f9-4d6c-b82d-2c6a6a0c4176.pdf) |
| 2025-09-15 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d7aa0c1e-397b-4467-9d84-f9456cab868c.pdf) |
| 2025-08-05 | [Audio Recording Of The Earnings Call For The Quarter Ended June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7970ac49-0da0-4f81-947c-4bff58e47702.pdf) |
| 2024-02-26 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=40623568-ae21-4008-933a-a530d0d62e16.pdf) |
| 2024-02-22 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a3008f19-e2cd-46e1-b9ba-56a5bb225f4c.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2025 | [Concall - Sep 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=612e1c06-5854-4dd2-bdf6-478d81cf773d.pdf) |
| Sep 2025 | [Concall - Sep 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/612e1c06-5854-4dd2-bdf6-478d81cf773d.pdf) |
| Oct 2025 | [Concall - Oct 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/90e421fc-6d70-4501-9f7a-4299cab77c3e.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4dab5108-071f-493d-bd9a-53a566c6bbb4.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4dab5108-071f-493d-bd9a-53a566c6bbb4.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=285208af-d1c4-476f-861d-e7b646e90963.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/285208af-d1c4-476f-861d-e7b646e90963.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=50985be7-6a4e-4086-861b-3b627bda51ab.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/50985be7-6a4e-4086-861b-3b627bda51ab.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/a3833eb4-04d6-40ce-bbd7-c52cbede84db.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 7 Mar - Copies of Newspaper advertisement for Postal Ballot Notice. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 7 Mar - Copies of Newspaper advertisement for Postal Ballot Notice.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/51a8fa96-bbad-4c1e-bd08-c3425da17b78.pdf) |
| 6h - NCLT directed VLS equity meeting on April 24, 2026 for scheme of arrangement; other meetings dispensed. | [Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 6h - NCLT directed VLS equity meeting on April 24, 2026 for scheme of arrangement; other meetings dispensed.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/98ceb591-964a-4180-a0a4-09832dc27c58.pdf) |
| 5 Mar - Pledge on 3,18,71,573 shares (34.05%) released on 27/02/2026; debentures fully redeemed. | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 5 Mar - Pledge on 3,18,71,573 shares (34.05%) released on 27/02/2026; debentures fully redeemed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/54E4E54F_11B6_48C0_A552_12456CD4868A_095908.pdf) |
| 4 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 4 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f047aba3-065d-401c-9f3f-a9205e0e6730.pdf) |
| 31 Mar - Trading window closed April 1, 2026 until 48 hours after audited FY2026 results declaration. | [Closure of Trading Window 31 Mar - Trading window closed April 1, 2026 until 48 hours after audited FY2026 results declaration.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/93226478-a0f9-479f-a938-69bd0874ef42.pdf) |
| 27 Mar - Promoters pledged 24,00,000 new shares on 20-Mar-2026; total 99,00,000 shares encumbered as loan security. | [Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011 27 Mar - Promoters pledged 24,00,000 new shares on 20-Mar-2026; total 99,00,000 shares encumbered as loan security.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/E2C36458_ACA2_40A6_BFFC_9986A05C9FFB_171500.pdf) |
| 27 Apr - Veranda Learning shareholders approved demerger of the commerce vertical; scheme now awaits NCLT and other approvals. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 27 Apr - Veranda Learning shareholders approved demerger of the commerce vertical; scheme now awaits NCLT and other approvals.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5cb36518-2f6b-40c3-ad83-9308f9677baa.pdf) |
| 24 Apr - Equity shareholders approved composite scheme with Veranda XL and J.K. Shah on April 24, 2026. | [Shareholder Meeting / Postal Ballot - Scrutinizer''s Report 24 Apr - Equity shareholders approved composite scheme with Veranda XL and J.K. Shah on April 24, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/97ad81b0-24d9-467e-ba37-c93359a66652.pdf) |
| 24 Apr - Equity shareholders approved composite scheme of arrangement on April 24, 2026. | [Summary Of The Proceedings Of The NCLT Convened Meeting Of Equity Shareholders Held On April 24, 2026 24 Apr - Equity shareholders approved composite scheme of arrangement on April 24, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/38eca6b2-d919-4317-936b-a2bfd1cd69d1.pdf) |
| 1d - Equity shareholders approved composite scheme with Veranda XL and J.K. Shah on April 24, 2026. | [Shareholder Meeting / Postal Ballot - Scrutinizer''s Report 1d - Equity shareholders approved composite scheme with Veranda XL and J.K. Shah on April 24, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/97ad81b0-24d9-467e-ba37-c93359a66652.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8773f5e4-10d6-4e7d-87db-46018603ce85.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b5678054-0d26-4e98-8452-e8cca9cfd014.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/042aac41-fa22-4eeb-a14f-1823c742c766.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e7201e21-7217-4f3d-8421-325e209b179b.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/543514/77133543514.pdf) |

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