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Veranda Learning Solutions Limited Capital/Financing Update 2022

Oct 28, 2022

59607_rns_2022-10-28_c9251003-9c34-4690-9681-57073ff388f2.pdf

Capital/Financing Update

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Veranda Learning Solutions Limited (formerly Veranda Learning Solutions Private Limited) (formerly Andromeda Edutech Private Limited) Date: October 28, 2022

To To The Secretary The Manager, BSE Limited Listing Department, Phiroze Jeejeebhoy Towers, National Stock Exchange of India Limited Dalal Street, Fort Exchange Plaza, C-1, G Block, Bandra-Kurla Mumbai - 400 001 Complex, Bandra (East), Mumbai – 400 051 Scrip Code: 543514 Scrip Code: VERANDA

Re: Allotment of 57,96,532 Equity Shares at a price of Rs. 307/- per Equity Share and 20,00,000 Convertible Warrants at a price of Rs. 307/- per Warrant.

Dear Sir(s),

This is with reference to the In-principle approval granted by your good office vide BSE letter No. LOD/PREF/VJ/FIP/2701/2022-23 dated October 13, 2022 and NSE letter No. NSE/LIST/32536 dated October 13, 2022.

Pursuant to the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Allotment Committee at their meeting held on October 28, 2022 has allotted 57,96,532 Equity Shares at a price of Rs. 307/each and 20,00,000 Convertible Warrants at a price of Rs. 307/- each by way of Preferential Issue.

The requisite details as required in terms of SEBI circular CIR/CFD/CMD/4/2015 dated September 9, 2015 are provided at Annexure I .

Kindly take the aforesaid information on your records.

Thanking you, For Veranda Learning Solutions Limited

Sr. No.	Particulars of Securities	Particulars of Securities	Details of Securities	Details of Securities
a)	Type of securities proposed to be issued		Equity Shares	Convertible Warrants (“Warrants”)
b)	Type of issuance		Preferential Issue in accordance with Chapter V of the SEBI ICDR Regulations and otherapplicablelaw
c)	Total number of securities proposed to be issued or the total amount for which the securities will be issued.		Upto 57,96,532 Equity Shares at a price of Rs. 307/- per Equity Share in Cash, for an aggregate consideration of Rs. 1,77,95,35,324/-	Upto 20,00,000 Warrants at a price of Rs. 307/- per Warrant in Cash, for an aggregate consideration of Rs. 61,40,00,000/-.
In case of preferential issue the listed entity shall disclose the following additional details to the stock exchange(s):

i.		Name of the Investors	Enclosed asAnnexure II
ii.		Post Allotment of securities - outcome of the subscription, issue price / allotted price (in case of convertibles),	57,96,532 Equity Shares at a price of Rs. 307/- each in Cash, for an aggregate consideration of Rs. 1,77,95,35,324/-.	20,00,000 Warrants at a price of Rs. 307/- each in Cash, for an aggregate consideration of Rs. 61,40,00,000/-.
iii.		No. of Investors	65 (Sixty-Five)	3 (Three)
iv.		In case of convertibles - intimation on conversion of securities or on lapse of the tenure of the instrument;	Not Applicable	25% of the total consideration towards respective Warrants are paid by the respective allottees prior to the allotment and the balance shall be payable on or before conversion of the Warrants into Equity Shares. Each Warrant is convertible into one (1) Equity Share and the conversion can be exercised at any time within a period of 18 months from the date of allotment, in one or more tranches, as the case may be and on such other terms and conditions as applicable.

Sr. No.	Name of the Allottees	Category of Investor	Preferential Issue (Equity Shares)	Preferential Issue (Warrants)	Total Preferential allotment
			A	B	(A+B)
1.	Kalpathi S. Aghoram	Promoter	-	6,66,667	6,66,667
2.	KalpathiS. Ganesh	Promoter	-	6,66,667	6,66,667
3.	Kalpathi S. Suresh	Promoter	-	6,66,666	6,66,666
4.	India Equity Fund 1	Non-Promoter	1,00,000	-	1,00,000
5.	Chhattisgarh Investments Limited	Non-Promoter	1,75,000	-	1,75,000
6.	Brijesh Thakkar	Non-Promoter	50,000	-	50,000
7.	Pinky Raheja	Non-Promoter	16,600	-	16,600
8.	Pawan Kumar Gupta	Non-Promoter	1,00,000	-	1,00,000
9.	Vinod Natubhai Patel	Non-Promoter	24,429	-	24,429
10.	Nandi Cylinders PrivateLimited	Non-Promoter	1,00,000	-	1,00,000
11.	Kurugod Setra Mayurnath	Non-Promoter	1,00,000	-	1,00,000
12.	Yash Poddar	Non-Promoter	1,60,000	-	1,60,000
13.	Karan Bhatia	Non-Promoter	40,000	-	40,000
14.	Radhey Shyam Poddar And Sons	Non-Promoter	25,000	-	25,000
15.	V G Raajendran	Non-Promoter	35,000	-	35,000
16.	Zenith Multi TradingDMCC	Non-Promoter	7,13,785	-	7,13,785
17.	Campbell Advertising Private Limited	Non-Promoter	40,000	-	40,000
18.	Mohit Ramgopal Agrawal	Non-Promoter	33,000	-	33,000
19.	Vidhi Mahendrakumar Kankaria	Non-Promoter	70,000	-	70,000
20.	Sanjeev Venkatesh Arthy	Non-Promoter	1,00,000	-	1,00,000
21.	L Mahesh Kumar Porwal	Non-Promoter	15,000	-	15,000
22.	Arvind Kanji Chheda	Non-Promoter	50,000	-	50,000
23.	Ranjan Arvind Chheda	Non-Promoter	50,000	-	50,000

				(formerly Androm	eda Edutech Private Limited)
24.	Mili Sameer Joshi	Non-Promoter	16,000	-	16,000
25.	Tejas Anil Dharod	Non-Promoter	16,000	-	16,000
26.	Juhi Kanishk Patel	Non-Promoter	16,000	-	16,000
27.	D Prakash Devi	Non-Promoter	16,250	-	16,250
28.	Pratik Madhukar Sheth	Non-Promoter	33,000	-	33,000
29.	Nilang Kishore Jain HUF	Non-Promoter	6,500	-	6,500
30.	Jiten Prataprai Mathuria	Non-Promoter	32,468	-	32,468
31.	Anjali Sangtani	Non-Promoter	5,000	-	5,000
32.	Namrata NatinkumarShah	Non-Promoter	5,000	-	5,000
33.	Adheesh Kabra	Non-Promoter	50,000	-	50,000
34.	Komalay Finance Private Limited (Formerly known as Nanuan Finance PrivateLimited)	Non-Promoter	1,50,000	-	1,50,000
35.	Rupali Pratik Sanghi	Non-Promoter	4,000	-	4,000
36.	Suresh Pareek	Non-Promoter	2,500	-	2,500
37.	Priyanka G Seth	Non-Promoter	10,000	-	10,000
38.	Parikh Kalpana Prakashbhai	Non-Promoter	5,000	-	5,000
39.	Madhu Devi	Non-Promoter	6,500	-	6,500
40.	Ashish Choudhary	Non-Promoter	6,500	-	6,500
41.	Axita Exports PrivateLimited	Non-Promoter	25,000	-	25,000
42.	Chirag Rajnikant Shah	Non-Promoter	10,000	-	10,000
43.	Vinit B Shah	Non-Promoter	5,000	-	5,000
44.	Saurabh Jain	Non-Promoter	1,000	-	1,000
45.	Shah Deven M	Non-Promoter	50,000	-	50,000
46.	Parmar Developers And Properties PrivateLimited	Non-Promoter	3,00,000	-	3,00,000
47.	Jinay R Jain	Non-Promoter	80,000	-	80,000
48.	Maneesh Parmar	Non-Promoter	2,50,000	-	2,50,000
49.	Basanti Jain	Non-Promoter	65,000	-	65,000
50.	Vansilal Jugraj Jain	Non-Promoter	2,00,000	-	2,00,000
51.	Nikhil Pravin Chandan	Non-Promoter	35,000	-	35,000
52.	Paulomi Ketan Doshi	Non-Promoter	1,00,000	-	1,00,000

				(formerly Androm	eda Edutech Private Limited)
53.	Vidhi Chaitanya Mehta	Non-Promoter	1,30,000	-	1,30,000
54.	Aniket Metals PrivateLimited	Non-Promoter	66,000	-	66,000
55.	Shivani Nachiket Shah	Non-Promoter	33,000	-	33,000
56.	Ayushmat Limited	Non-Promoter	50,000	-	50,000
57.	Suresh Bhatia HUF	Non-Promoter	2,50,000	-	2,50,000
58.	LKP Finance Limited	Non-Promoter	33,000	-	33,000
59.	Shah Urvi Jigneshbhai	Non-Promoter	1,00,000	-	1,00,000
60.	Choice Strategic AdvisorsLLP	Non-Promoter	1,00,000	-	1,00,000
61.	F3 Advisors Private Limited	Non-Promoter	2,00,000	-	2,00,000
62.	APT Real Estates PrivateLimited	Non-Promoter	3,35,000	-	3,35,000
63.	Suman Gandhi	Non-Promoter	25,000	-	25,000
64.	Yogesh Paras BathiaHUF	Non-Promoter	40,000	-	40,000
65.	Feny Yogesh Bathia	Non-Promoter	25,000	-	25,000
66.	APT Agrotech Industries Private Limited	Non-Promoter	3,35,000	-	3,35,000
67.	Shradha Manish Mehta	Non-Promoter	50,000	-	50,000
68.	Incred Wealth and Investment Services Private Limited	Non-Promoter	5,25,000	-	5,25,000
	Total		57,96,532	20,00,000	77,96,532

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Veranda Learning Solutions Limited Capital/Financing Update 2022

59607_rns_2022-10-28_c9251003-9c34-4690-9681-57073ff388f2.pdf

M Anantharamakrishnan Company Secretary & Compliance Officer

Issuance of Securities:

Annexure II