Veranda Learning Solutions Limited announced the outcome of its Board of Directors meeting held on February 06, 2026. The board approved the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. Additionally, the company secured a proposal for a term loan of up to ₹140 Crore from City Union Bank Limited. The proceeds from this loan will be utilized for the redemption of Non-Convertible Debentures (NCDs) issued by the company and its wholly-owned subsidiary, Veranda Race Learning Solutions Private Limited. The loan agreement is currently being executed, with a provisional sanction letter dated February 03, 2026. The security for the loan includes collateral from Veranda K-12 Learning Solutions Private Limited and personal guarantees from promoters Kalpathi S Aghoram, Kalpathi S Ganesh, and Kalpathi S Suresh.
