Veranda Learning Solutions Limited — Capital/Financing Update 2026

Mar 24, 2026

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Veranda Learning Solutions Limited

March 24, 2026

BSE Limited National Stock Exchange of India Limited Dept of Corporate Services, The Listing Department, Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex, Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 543514 Symbol: VERANDA

Dear Sir/Madam,

Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015

Please find enclosed a copy of the press release titled “Veranda RACE crosses ₹100 crore revenue & 5 Lakh cumulative enrolments” for your reference.

Kindly take the same on record and display on the website of your exchange. This information will also be - - available on the Company's website at https://www.verandalearning.com/web/index.php/stock exchange intimations

Thanks & Regards

For Veranda Learning Solutions Limited

S Digitally signed by S BALASUNDHARAM BALASUNDHARAM Date: 2026.03.24 08:31:41 +05'30'

S Balasundharam Company Secretary & Compliance Officer M. No: ACS-11114

Veranda Learning Solutions Limited

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G.R. Complex, First Floor, No. 807-808, Anna Salai, Nandanam, Chennai - 600 035 CIN: L74999TN2018PLC125880 Email- secretarial@verandalearning.com www.verandalearning.com Ph: +91 44 4690 1007

Veranda RACE crosses ₹100 crore revenue & 5 Lakh cumulative enrolments

50,000 Students Join in a Single Year

Chennai: Veranda RACE, a Veranda Learning enterprise and one of South India’s leading government exam coaching institutions, has crossed ₹100 crore in revenue, while also surpassing 5 lakh cumulative student enrolments since its inception in 2012.

This has marked the institution’s highest-ever annual intake of 50,000 students, reflecting rising demand for structured preparation for competitive government examinations across South India.

Veranda RACE enrolled approximately 50,000 students across its learning formats. Around 37,000 students joined through its offline classroom centres across 40+ branches in Tamil Nadu, Kerala and Karnataka, while about 12,000 learners enrolled through its live online programmes, which cater to aspirants across India and the Indian diaspora. In addition, nearly 1,000 students joined the Practice Village residential coaching programme, offered at campuses in Madurai, Kundrathur (Chennai) and Kadakkal (Kerala). With this, Veranda RACE has now trained over 5,00,000 aspirants over the past fourteen years. Its digital initiatives further extend its reach, with its YouTube channels collectively serving more than 2 million subscribers through free exam preparation content.

The institution’s growth has been driven by the expansion of its classroom network, the scale-up of its online learning programmes, the increasing adoption of the Practice Village residential format, and institutional partnerships. Revenue has grown significantly from ₹51 crore in FY 2022–23, more than doubling within three years.

2754 Veranda RACE students cleared government examinations across categories including Banking, SSC, Railways, TNPSC, Kerala PSC and TNTET, reinforcing the institution’s focus on outcomes-driven learning.

To celebrate these achievers, Veranda RACE will conduct its annual Victory Lap, a series of Success Meets across 15 cities and towns. The tour will be held across Chennai, Madurai, Coimbatore, Trichy, Salem, Tirunelveli, Vellore and Dindigul in Tamil Nadu; Thiruvananthapuram, Kochi and Kozhikode in Kerala; and Bengaluru, Mysore and Dharwad in Karnataka.

Commenting on the milestones, Bharath Seeman, Founder, Veranda RACE and CEO of Veranda IAS, said, “Over the past fourteen years, more than five lakh students have placed their trust in us, and this year alone 2754 of them realised their dream of securing a government position. Crossing ₹100 crore in revenue is a meaningful milestone, but what truly matters is the impact behind these numbers: thousands of families whose futures change when one student succeeds.”

Santhosh Kumar, Chief Executive Officer, Veranda RACE, added, “The number we are most proud of is 2754, the students who cleared their examinations this year. Each selection represents years of effort and determination. Our focus now is on strengthening our presence across Kerala and Karnataka, expanding the Practice Village residential programme, and continuing to enhance the quality and reach of our online learning experience.”

Suresh Kalpathi, Executive Director and Chairman, Veranda Learning Solutions, said the milestone reflects the strength of outcome-driven education. “Veranda RACE has built a trusted platform for government exam preparation across South India. While the revenue and enrolment milestones are

significant, the real impact lies in the thousands of government job selections that improve economic mobility for families. As Veranda Learning continues to build specialised education verticals, Veranda RACE demonstrates how scalable, outcome-focused learning can create lasting social impact.”

Safe Harbour

The metrics and other details provided above are subject to audit by our Statutory Auditors. Upon approval of the quarterly and annual results for the period ended March 31, 2026, by the Board of Directors, a detailed update will be provided. The revenue figures mentioned above pertain to revenue from sale of services. These figures are based on unaudited internal management accounts and are historical in nature. Investors are advised to consider this information for informational purposes only and not as guidance, projection, or forecast of future performance.

This press release contains certain forward-looking statements regarding our plans, strategies, intentions, and beliefs concerning our business and the markets in which we operate. We assume no obligation to update these statements as circumstances change. There are risks and uncertainties that could cause actual events to differ materially from these forward-looking statements. Readers and investors are advised to exercise caution in taking an investment decision based on the above press release.

About Veranda Learning Solutions

Established in 2018 by the Kalpathi AGS Group, Veranda Learning Solutions Limited has rapidly evolved into a prominent, publicly listed education company. With a strong presence in schools, colleges, test preparation, study abroad, and software upskilling, Veranda has expanded its nationwide reach and impact. The company integrates advanced technology, robust processes, and innovative methodologies to offer high-quality, personalized learning experiences. Committed to driving student success and academic excellence, Veranda employs a multi-modal delivery system supported by a disciplined and comprehensive learning framework. For more information, please visit www.verandalearning.com