Description
20,16,124 equity shares of Veranda Learning Solutions Limited issued on preferential basis to non-promoters are listed and permitted to trade on BSE with effect from October 17, 2025.
Summary
BSE has listed 20,16,124 new equity shares of Veranda Learning Solutions Limited (Scrip Code: 543514) issued on a preferential basis to non-promoters. These shares are permitted to trade on the Exchange from October 17, 2025, and rank pari-passu with existing equity shares. All shares are subject to lock-in until May 3, 2026.
Key Points
- 20,16,124 equity shares of Rs. 10/- each issued at a premium of Rs. 238/-
- Issue price: Rs. 248/- per share
- Allotted to non-promoters on preferential basis
- New shares rank pari-passu with old equity shares
- ISIN: INE0IQ001011
- Distribution Numbers: 93602272 to 95618395
- Date of Allotment: September 10, 2025
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
Trading members must note that all 20,16,124 shares (Dist. Nos. 93602272-95618395) are subject to lock-in restrictions and cannot be traded by the allottees until the lock-in period expires.
Important Dates
- Date of Allotment: September 10, 2025
- Trading Commencement: October 17, 2025
- Lock-in Expiry: May 3, 2026
- Notice Date: October 16, 2025
Impact Assessment
This listing has minimal immediate market impact as the entire allotment is locked-in for approximately 6.5 months. The preferential issue represents capital raised from non-promoters at Rs. 248/- per share (face value Rs. 10/- plus Rs. 238/- premium). The shares will only become tradeable after the lock-in period expires on May 3, 2026, at which point there could be increased supply in the market.
Impact Justification
Routine listing of preferential allotment shares with standard lock-in requirements. Limited market impact due to lock-in until May 2026.