Veranda Learning Solutions announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 7 November 2024 .Powered by Capital Market - Live

Veranda XL, a subsidiary of Veranda Learning Solutions, announced a significant collaboration with Madras Christian College (MCC) through the signing of a Memorandum of Understanding (MoU) aimed at providing professional Chartered Accountancy (CA) training on campus under the brand of JK Shah Classes. Through this partnership, JK Shah Classes (JKSC) will deliver a world-class CA curriculum, equipping students with comprehensive knowledge and practical skills in accounting, auditing, and finance. Madras Christian College, a premier educational institution in India, is ranked 14th in the College Category in the 2024 NIRF Rankings. Established in 1837, MCC has a long-standing tradition of academic excellence and is recognized for its commitment to shaping the future of its students. This collaboration marks another milestone in MCC's mission to provide top-tier education and open new professional avenues for its students. JK Shah Classes, renowned for its expertise in CA coaching, brings over four decades of experience and has shaped the careers of more than 70,000 students annually. Since 2001, JKSC has produced over 1,800 CA rankers, cementing its position as a leader in CA education in India. With this partnership, MCC students will gain access to JKSC's rigorous and proven training methodologies, significantly enhancing their prospects of becoming successful Chartered Accountants.Powered by Capital Market - Live

Veranda Learning Solutions has appointed Aditya Malik, as the Group Chief Operating Officer of the Company, Senior Management Personnel of the Company with effect from 16 September 2024.Powered by Capital Market - Live

The CA preparation course, designed and delivered by J.K. Shah Classes, has been crafted to meet the standards of the Knowledge and Human Development Authority (KHDA), the regulatory authority of the Government of Dubai. The curriculum has been designed to align with the specific educational needs and cultural context of students in the UAE. Suresh Kalpathi, executive director and chairman of Veranda Learning, said: 'Veranda Learning's entry into the Middle East through this collaboration with Jumeira University showcases our commitment to providing top-notch education across the globe. In the coming months, we will introduce a broader range of courses designed to meet the diverse educational and professional needs of students in the UAE. These offerings will span various fields that will align with the unique requirements of the region.' Veranda Learning Solutions, part of the Kalpathi AGS Group, is a public listed education technology company that offers a bouquet of training programs for competitive exam preparation, including state public service commission, banking, insurance, railways, IAS, and CA, as well as a slew of professional skilling and upskilling programmes. The scrip shed 0.11% to currently trade at Rs 283.60 on the BSE. Powered by Capital Market - Live

Veranda Learning Solutions has partnered with Jumeira University Connect, the training arm of Jumeira University, to introduce a Chartered Accountancy (CA) preparation course for students in the UAE. This initiative marks a significant milestone in Veranda Learning's global expansion strategy. Powered by Capital Market - Live

Net Loss of Veranda Learning Solutions reported to Rs 26.70 crore in the quarter ended June 2024 as against net loss of Rs 19.33 crore during the previous quarter ended June 2023. Sales rose 72.70% to Rs 118.99 crore in the quarter ended June 2024 as against Rs 68.90 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales118.9968.90 73 OPM %16.965.89 - PBDT-2.31-2.81 18 PBT-24.65-21.76 -13 NP-26.70-19.33 -38 Powered by Capital Market - Live

Veranda Learning Solutions will hold a meeting of the Board of Directors of the Company on 7 August 2024.Powered by Capital Market - Live