Veranda Learning Solutions to raise ₹380Cr via QIP

Business Jul 17, 2025

Veranda Learning Solutions is raising up to ₹380 crore through a special share sale (QIP), offering shares at ₹225.20 each—about 15.31% cheaper than the last closing price.
The money will mainly help pay down debt at its subsidiary, Veranda XL, and support everyday business needs.

Veranda XL's debt around ₹870Cr at end of FY25

This move is part of a bigger plan approved by shareholders to boost cash flow and keep the company on solid financial ground—especially since borrowings stood at around ₹870 crore by the end of FY25.
Investors seemed to like the news, with shares jumping 2.41% after the announcement, showing confidence in Veranda's push for long-term stability.