Veranda Learning Solutions has signed a definitive agreement for the acquisition of equity shares of J. K. Shah Education through its wholly owned subsidiary --‘Veranda XL Learning Solutions’. The said transaction will be completed in two phases, with the first phase seeing the payment of 76% of the outstanding capital together for Rs 337.82 crore. The entire transaction will be funded through a combination of Debt and Equity.
Veranda Learning Solutions is engaged in the business of offering diversified and integrated learning solutions in online, offline hybrid and offline blended formats to students, aspirants, and graduates (collectively Students) professionals and corporate employees (Learners).
Company Name | CMP |
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CL Educate | 82.95 |
Zee Learn | 7.66 |
MT Educare | 3.47 |
Career Point | 394.00 |
VJTF Eduservices | 99.56 |
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