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Prabha Energy Limited — Proxy Solicitation & Information Statement 2026
Mar 24, 2026
58974_rns_2026-03-24_d6939f57-a8c7-4532-b993-f604c4892a80.pdf
Proxy Solicitation & Information Statement
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March 24, 2026
To, Corporate Relations Department BSE Limited 2nd Floor, P.J. Towers, Dalal Street, Mumbai – 400 001
To,
Corporate Relations Department National Stock Exchange of India Limited Exchange Plaza, Plot No. C-1, Block-G, Bandra Kurla Complex, Bandra (East), Mumbai – 400 051.
SCRIP CODE: 544379 SYMBOL: PRABHA
Subject: Newspaper Advertisements Published for Rights Issue in Compliance with Regulation 84(1) of SEBI (ICDR) Regulations, 2018
Dear Sir/Madam,
With reference to our intimation dated March 23, 2026, we enclose herewith the copy of the Newspaper Advertisements published today i.e. Tuesday, March 24, 2026, in compliance with Regulation 84(1) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirement) Regulations, 2018, in the newspapers as mentioned below:
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Financial Express (English National Daily Newspaper with wide circulation) - All Editions
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Jansatta (Hindi National Daily Newspaper with wide circulation) - All Editions
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Financial Express (Gujarati - Regional language daily newspaper with wide circulation at the place where the Registered Office of the Company is situated) - Ahmedabad Edition
The said intimation will also be made available on the website of the company i.e. www.prabhaenergy.com.
Kindly take the same on your record.
Thanking you,
For, Prabha Energy Limited
Digitally signed by NIKITA NIKITA AGARWALLA AGARWALLA Date: 2026.03.24 16:46:34 +05'30'
Nikita Agarwalla Company Secretary & Compliance Officer Membership No.: A69933
Encl.: a/a
Regd. Office : 12A Abhishree Corporate Park, Opp. Swagat BRTS Bus Stop, Ambli-Bopal Road, Ambli, Ahmedabad- 380058 Tel: (02717) 488611 Email :[email protected] CIN: L40102GJ2009PLC057716 Website: www.prabhaenergy.com Ranchi Office: 4th Floor, Rishab Complex, Opposite Ashoknagar Road No 4, Landmark: Above Bank of India, Ranchi - 834 002
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Veranda�Learning�Solutions�Limited
CIN:�L74999TN2018PLC125880
G.R.Complex,�First�Floor,�No:�807-808,�Anna�Salai,�Nandanam,�Chennai�-�600�035 Website:�www.verandalearning.com��|�Phone�+91�044-4690�1007 Email:�[email protected]
BEFORE�THE�NATIONAL�COMPANY�LAW�TRIBUNAL, CHENNAI�BENCH COMPANY�SCHEME�APPLICATION�NO.�C.A.(CAA)/13/CHE/2026
In�the�matter�of�the�Companies�Act,�2013; And In�the�matter�of�Application�under�Sections�230�to�232�of�the Companies�Act,�2013�and�other�relevant�provisions�of�the Companies�Act,�2013�read�with�Companies�(Compromises, Arrangements�and�Amalgamation)�Rules,�2016; And
In�the�matter�of�a�Composite�Scheme�of�Arrangement between�Veranda�Learning�Solutions�Limited,�Veranda�XL Learning�Solutions�Private�Limited,�J.K.Shah�Commerce Education�Limited�and�their�respective�shareholders�and creditors.
Veranda�Learning�Solutions�Limited, (CIN:�L74999TN2018PLC125880),�a�company incorporated�under�the�provisions�of�the�Companies Act,�2013,�having�its�registered�office�at�G.R.�Complex, First�Floor,�No.�807-808,�Anna�Salai,�Nandanam,�Chennai–�600035
….�Amalgamated�Company�or�Demerged�Company
ADVERTISEMENT�OF�THE�NOTICE�OF�THE�MEETING�OF�SHAREHOLDERS�AS�PER�DIRECTIONS�OF�THE�NATIONAL�COMPANY�LAW
TRIBUNAL,�CHENNAI�BENCH
NOTICE �is�hereby�given�that,�in�the�captioned�matters,�by�an�order�delivered�on�March�18,�2026�( "Order" ),�the�Hon'ble�National�Company�Law�Tribunal,�Chennai� Bench�( "Tribunal" )�has,�inter-alia,�directed�the�meeting�of�equity�shareholders�of�Veranda�Learning�Solutions�Limited�("Amalgamated�Company�or�Demerged� Company�")�be�convened�and�conducted�for�the�purpose�of�considering,�and�if�thought�fit,�approving,�the�Composite�Scheme�of�Arrangement�amongst�Veranda� Learning�Solution�Limited�(Amalgamated�and�Demerged�Company),�Veranda�XL�Learning�Solutions�Private�Limited�(Amalgamating�Company)�,�J.K.Shah�Commerce� Education�Limited�(Resulting�Company)�and�their�respective�shareholders�and�creditors�under�Sections�230�to�232�and�other�applicable�provisions�of�the�Companies� Act,�2013�( "Scheme" )�and�rules�thereunder�(including�any�statutory�modification(s)�or�re-enactment�thereof,�for�the�time�being�in�force)�and�under�the�SEBI�master� circular�bearing�no.�SEBI/HO/CFD/POD-2/P/CIR/2023/93�dated�June�20,�2023,�as�amended�from�time�to�time�or�any�other�circulars�issued�by�SEBI�applicable�to� schemes�of�arrangement�from�time�to�time.
In�pursuance�of�the�Order�of�the�Hon'ble�Tribunal�and�as�directed�therein,�further�notice�is�hereby�given�that�a�meeting�of�the�equity�shareholders�of�the�Demerged� Company�will�be�held�on� Friday,�April��24,�2026�at�11.00�A.M.�(IST) ,�through�video�conferencing�or�other�audio-visual�means�( "VC/OAVM" ),�without�the�physical� presence�of�the�equity�shareholders�at�a�common�venue,�following�the�operating�procedures�referred�to�the�Ministry�of�Corporate�Affairs�(MCA)�General�Circular�No.� 14/2020�dated�April�8,�2020,�read�with�the�subsequent�circulars�issued�from�time�to�time,�the�latest�one�being�General�Circular�No.�03/2025�dated�September�22,�2025� as�and�any�other�circular�issued�by�the�MCA,�Government�of�India�( “MCA�Circulars” )�in�this�regard,�as�well�as�the�Secretarial�Standard�on�General�Meetings�as� issued�by�the�Institute�of�Company�Secretaries�of�India.
The�Demerged�Company�has�completed�the�dispatch�of�the�notice�of�the�aforesaid�meeting�along�with�the�Scheme�and�the�explanatory�statement�under�Sections�230� to�232�read�with�Section�102�and�other�applicable�provisions�of�the�Act�and�Rule�6�of�the�Companies�(Compromises,�Arrangements�and�Amalgamations)�Rules,�2016� ( "Notice" )�on�March�23,�2026�through�electronic�mode�to�those�Shareholders,�as�on�March�20,�2026�( "Dispatch�Cut-off�Date" ),�who�have�registered�their�e-mail� addresses�with�the�Demerged�Company�/�Registrar�and�Share�Transfer�Agent�or�with�the�Depository�Participants�(DPs).�The�same�will�also�be�available�on�the�website� of�the�Demerged�Company�at� https://www.verandalearning.com/web/index.php/composite-scheme-arrangement ,�Stock�Exchanges�i.e.�BSE�Limited�at� www.bseindia.com�and�National�Stock�Exchange�of�India�Limited�at� www.nseindia.com �and�CDSL�at�� https://www.evotingindia.com/ .�The�physical�copies�of�the� Notice�shall�be�sent�to�those�Members�who�request�for�the�same.�Additionally,�the�Demerged�Company�is�also�sending�a�letter�to�shareholders�whose�e-mail� addresses�are�not�registered�with�Demerged�Company/�Registrar/�DP�providing�the�weblink�of�Demerged�Company’s�website�from�where�the�Notice�can�be�accessed. Equity�shareholders�of�the�Demerged�Company�entitled�to�attend�and�vote�may�vote�through�remote�e-Voting�facility�prior�to�the�meeting�or�through�e-Voting�facility� made�available�at�the�meeting,�Since�the�meeting�will�be�held�through�VC/OAVM,�the�facility�for�appointment�of�proxies�will�not�be�available�for�the�meeting,�Voting�in� case�of�body�corporate�shall�be�permitted,�provided�the�prescribed�form�/�authorization�is�filed�with�Demerged�Company�at� [email protected] ,�with� a�copy�marked�to� [email protected] ��not�later�than�48�(forty�eight)�hours�before�the�start�of�the�aforesaid�meeting�as�required�under�Rule�10�of�the� Companies�(Compromises,�Arrangements�and�Amalgamation)�Rules,�2016.
The�important�dates�for�e-voting�are�provided�below:
| Remotee-Votingstartdate | Monday,April20,2026at09:00A.M.(IST) |
|---|---|
| Remotee-Votingenddate | Thursday,April23,2026at05:00P.M.(IST) |
| e-VotingattheMeeting | Friday,April24,2026(uponvotingbeingannouncedbytheChairpersonoftheMeeting) |
Remote�e-Voting�and�e-Voting�at�the�Meeting�shall�not�be�allowed�beyond�the�respective�voting�period,�as�stated�above,�Shareholders�may�exercise�their�votes�in� only�one�mode�i.e.,�either�by�remote�e-Voting�or�by�e-Voting�at�the�Meeting,�Shareholders�who�cast�their�votes�by�remote�e-Voting�may�attend�the�Meeting,�but�will� not�be�entitled�to�cast�their�votes�again.
Only�persons�whose�names�are�recorded�in�the�Register�of�Members�or�in�the�Register�of�Beneficial�Owners�maintained�by�the�Depositories�as�on�the� Cut-Off�Date� i.e.,�Friday,�April�17,�2026�("Cut-Off�Date") ,�shall�be�entitled�to�exercise�his/�her/�their�voting�rights�on�the�resolution�proposed�in�the�Notice�(either�by�way�of�remote� e-Voting�facility�or�e-Voting�facility�made�available�at�the�meeting)�and�attend�the�meeting.�The�voting�rights�of�the�equity�shareholders�shall�be�in�proportion�to�their� holding�in�the�paid-up�share�capital�of�the�Demerged�Company�as�on�the�Cut-Off�Date.�A�person�who�is�not�an�equity�shareholder�of�the�Demerged�Company�as�on� the�Cut-Off�Date,�should�treat�the�Notice�for�information�purpose�only.
Any�person,�who�acquires�equity�shares�of�the�Demerged�Company�after�Dispatch�of�Cut-Off�Date�and�whose�name�appears�in�the�Register�of�Members/�List�of� Beneficial�Owners�maintained�by�the�Depositories�as�on�the�Cut-Off�Date�can�download�this�Notice�from�the�website�of�Demerged�Company�at� https://www.verandalearning.com/web/index.php/composite-scheme-arrangement ��and�may�obtain�the�login�ID�and�password�in�the�manner�outlined�in�the� Notice.
Demerged�Company�has�appointed�the�Central�Depository�Services�(India)�Limited�(CDSL)�to�provide�facility�for�remote�e-Voting�and�e-Voting�during�the�meeting,� as�well�as�to�provide�the�facility�for�participating�in�the�meeting�through�VC/OAVM.�In�case�of�any�difficulty�in�attending�the�meeting�through�VC/OAVM�or�accessing� the�facility�for�remote�e-voting�and�e-voting�during�the�meeting,�you�may�contact�Mr.�Rakesh�Dalvi,�Sr.�Manager,�CDSL�at�the�designated�email�ID:� [email protected] �or�contact�toll�free�no.�1800�21�09911.
The�copy�of�Notice�of�the�meeting�can�also�be�obtained�free�of�charge�from�the�Registered�Office�of�Demerged�Company�on�all�working�days,�between�10.00�A.M.� (IST)�to�02:00�P.M.�(IST)�up�to�the�date�of�the�meeting.�
The�Hon'ble�Tribunal�has�appointed� Mr.�Anil�Sharma �as�the�Chairperson�of�the�aforesaid�meeting,�including�for�any�adjournment(s)�thereof.�Further,�the�Hon'ble� Tribunal�has�also�appointed� Ms.�Vinita�Varshini ,�as�the�Scrutinizer�for�the�meeting,�including�for�any�adjournment(s)�thereof. The�Scheme,�if�approved�at�the�Hon’ble�Tribunal�Convened�Meeting�will�be�subjected�to�the�subsequent�approval�of�the�Hon’ble�Tribunal�and�such�other�approvals,� permissions�and�sanctions�of�regulatory�or�other�authorities,�as�may�be�necessary�and�as�contemplated�in�the�Scheme.
Accordingly,�the�equity�shareholders�of�Demerged�Company�are�requested�to�attend�the�meeting�as�per�the�above-mentioned�mode,�date�and�time.�Attendance�of� the�equity�shareholders�of�the�Demerged�Company�participating�in�the�meeting�through�VC/OAVM�facility�shall�be�counted�for�the�purpose�of�reckoning�the�quorum� under�Section�103�of�the�Companies�Act,2013.�In�case�the�said�quorum�for�the�meeting�is�not�present�at�the�commencement�of�the�meeting,�the�meeting�shall�be� adjourned�for�30�minutes,�thereafter,�the�equity�shareholders�of�the�Demerged�Company�present�shall�be�deemed�to�constitute�the�quorum.
The�result�of�the�voting�of�meeting�will�be�announced�by�the�Chairperson�of�the�meeting�or�a�person�authorized�by�the�Chairperson�in�writing�within�2�(two)�working� days�from�the�conclusion�of�the�meeting�upon�receipt�of�the�Scrutinizer's�report�and�the�same�would�be�displayed�on�the�website�of��Demerged�Company�at�� https://www.verandalearning.com/web/index.php/composite-scheme-arrangement �and�on�the�website�of�CDSL�and�Stock�Exchanges�within�2�(two)�days�from� conclusion�of�the�meeting.
Mr.�Anil�Sharma
Place :�Chennai Chairperson�appointed�by�the�Tribunal�for�the�Meeting�of�the Date :�March�23,�2026 Equity�shareholders�of�Veranda�Learning�Solutions�Limited