Veranda Learning Solutions Limited — Capital/Financing Update 2023

Jul 10, 2023

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Veranda Learning Solutions Limited

(formerly Veranda Learning Solutions Private Limited)

(formerly Andromeda Edutech Private Limited)

10[th] July, 2023

To The Secretary BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001

To The Manager, Listing Department, National Stock Exchange of India Limited Exchange Plaza, C-1, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai – 400 051

Scrip Code: 543514

Scrip Code: VERANDA

Dear Sir / Madam ,

Sub: Intimation under Regulation 29(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI Listing Regulations").

We wish to inform you that pursuant to Regulation 29(1)(d) of the SEBI Listing Regulations, a meeting of the board of directors (the “Board”) of Veranda Learning Solutions Limited (the “ Company ”) is scheduled to be held on Friday, 14[th] July, 2023 to inter alia consider a proposal for issuance and allotment of equity shares of the Company on a preferential basis for consideration other than cash (for the swap of fully paid equity shares of Veranda Administrative Learning Solutions Private Limited) in accordance with the provisions of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 and the Companies Act, 2013, as amended, subject to such regulatory/ statutory approvals as may be required.

Further, we wish to inform you that the Company proposes to seek Members’ approval for the above proposal in the ensuing Extraordinary General Meeting of the Company.

Kindly take the same on record and display the same on the website of your exchange.

Thanks & Regards For Veranda Learning Solutions Limited

M Digitally signed by M ANANTHARAMAK ANANTHARAMAKRISHNAN Date: 2023.07.10 17:44:33 RISHNAN +05'30' M Anantharamakrishnan Company Secretary & Compliance Officer M. No: ACS-7187

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contact@verandalearning.co m www.verandalearning.com

+91 44 4296 7777 34,Thirumalai Road, T.Nagar, Chennai, Tamil Nadu-600017 CIN: L74999TN2018PLC125880