Veranda Learning Solutions’ wholly owned subsidiary -- Veranda Administrative Learning Solutions (VALSPL) has completed the acquisition of the remaining equity stake in Veranda K-12 Learning Solutions formerly known as Educare Infrastructure Services. The VALSPL has acquired 4,924 fully paid-up equity shares of Rs 10/- each, constituting 9.60% equity share capital of Veranda K-12 Learning Solutions. Consequently, Veranda K-12 Learning Solutions has become a wholly owned subsidiary of VALSPL.
Earlier, VALSPL had acquired 90.40% stake in Veranda K-12 Learning Solutions on phase basis.
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) enrolled with its courses through multitude of career-defining competitive exams, professional courses, exam-oriented courses, short term upskilling and reskilling courses.
