Veranda Learning Solutions increases authorized share capital by Rs 37,50,00,000 via scheme Back
<p>Veranda Learning Solutions Limited announced an increase in its authorized share capital to Rs 147,50,00,000 (Indian Rupees One Hundred and Forty - Seven Crores and Fifty Lakhs) from Rs 110,00,00,000 (Indian Rupees One Hundred and Ten Crores), following a composite scheme of arrangement involving Veranda Learning Solutions Limited, Veranda XL Learning Solutions Private Limited, and J.K.Shah Commerce Education Limited. The increase, aggregating to Rs 37,50,00,000 (Indian Rupees Thirty - Seven Crores and Fifty Lakhs), was added to and merged with the authorized share capital of Veranda XL Learning Solutions Private Limited, and will be divided into 13,35,00,000 (Thirteen Crore and Thirty -Five Lakhs) equity shares and 1,40,00,000 (One Crore and Forty Lakhs) preference shares.</p>