The scheme was filed post the receipt of a letter with “no adverse observations” from National Stock Exchange of India Limited and BSE Limited.
Chennai-based listed education enterprise Veranda Learning Solutions Limited has filed the scheme pertaining to the demerger of its commerce vertical with the National Company Law Tribunal (NCLT), Chennai.
The scheme was filed post the receipt of a letter with “no adverse observations” from National Stock Exchange of India Limited and BSE Limited.
The proposed demerger of Veranda Learning’s Commerce Education business will consolidate the operations of its brands including JK Shah Classes, BB Virtuals, Navkar Digital Institute, Tapasya College of Commerce and Logic School of Management, into a newly incorporated entity, JK Shah Commerce Education Limited.
The entity will offer CA, CS, CMA and ACCA test preparation across India and overseas.
“With the scheme filed before the NCLT, the commerce vertical demerger is progressing as planned and remains subject to shareholder and other statutory approvals, in line wit happlicable regulatory requirements,” the company’s exchange filing said.
Published on January 28, 2026
