Veranda Learning Solutions’ subsidiary -- Veranda XL Learning Solutions (VXL) has acquired further equity shares from the existing shareholder of Tapasya Educational Institutions and VXL now holds 51% of the share capital of Tapasya Educational Institutions. Consequently, Tapasya Educational Institutions has become a Subsidiary of Veranda XL Learning Solutions and Stepdown subsidiary of the Company.
Veranda XL Learning Solutions’ main objects are to carry on the business of both formal and informal education both organically and by acquisition of entities to train students in both India and abroad for various educational programs including curricular, co-curricular or extra-curricular activities and training for all competitive examinations. The acquisition of Tapasya is in line with and is a natural extension of the business of the acquiring entity and the VLS group.
Veranda Learning Solutions is engaged in the business of offering diversified and integrated learning solutions in online, offline hybrid and offline blended formats to students, aspirants, and graduates (collectively Students) professionals and corporate employees (Learners).
| Company Name | CMP |
|---|---|
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| CL Educate | 53.78 |
| Zee Learn | 4.89 |
| Jaro Inst. of Tech&R | 438.95 |
| Crizac | 229.85 |
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