Veranda Learning Sets 6 October Record Date For Commerce Demerger

Veranda Learning Solutions has fixed 6 October 2026, as the record date for its Commerce vertical demerger. The move follows the Composite Scheme of Arrangement sanctioned by the National Company Law Tribunal (NCLT), Chennai Bench-I.

Shareholders whose names appear on the company’s records on the record date will receive one equity share of J.K. Shah Commerce Education Limited for every one Veranda Learning share held. No additional payment will be required for the allotment, subject to the scheme and applicable regulatory requirements.

JSCEL will be headed by Prof. J.K. Shah as Executive Director and Chairman. The company will house Veranda Learning’s commerce education operations under a dedicated corporate structure.

Five Commerce Brands To Come Under JSCEL

The demerged business will bring the following brands and education businesses together:

• J.K. Shah Classes

• BB Virtuals

• Navkar Digital Institute

• Tapasya College of Commerce

• Logic School of Management

Veranda Learning said the focused structure is intended to provide the commerce business with greater operational independence and strategic focus.

JSCEL To Pursue BSE, NSE Listing

J.K. Shah Commerce Education will subsequently pursue listing its equity shares on the Bombay Stock Exchange (BSE) Limited and the National Stock Exchange of India (NSE). The proposed listings are subject to applicable approvals and regulatory processes.

The listing plan forms part of the restructuring that will establish JSCEL as a dedicated Commerce education company. Veranda Learning Executive Director and Chairman Suresh Kalpathi said the new structure would provide the business with greater agility and allow shareholders to participate directly in its future.

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