Veranda Learning Solutions Debt & Borrowing: ₹110 Cr
Veranda's related entity, J.K. Shah Commerce Education Ltd, allotted Non-Convertible Debentures (NCDs) worth ₹110 Crore to investors. The funds will repay existing RBL Bank loans.
- Value
- ₹110.0 Cr
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Veranda's related entity, J.K. Shah Commerce Education Ltd, allotted Non-Convertible Debentures (NCDs) worth ₹110 Crore to investors. The funds will repay existing RBL Bank loans.
Veranda Learning Solutions has fixed October 06, 2026, as the record date for allotment of shares under its composite scheme of arrangement.
Veranda Learning Solutions' subsidiary, J.K. Shah Commerce Education, approved the issuance of unlisted NCDs worth ₹143 Crore to repay existing RBL Bank loan facilities.
Veranda Learning Solutions Limited disclosed that its promoters executed an unattested pledge agreement for a Rs. 111 Crore personal loan. The company is not party to this.
Veranda Learning Solutions' promoters created a pledge over 1.2 crore equity shares in favor of Authum Investment and Infrastructure Ltd as security for personal term loans.