Veranda Learning NCLT Composite Scheme Shareholder Meeting

NCLT Chennai ordered VLS equity shareholder meeting on April 24, 2026 to approve composite scheme involving VXLS amalgamation and commerce education demerger to JSCEL.
Share entitlement ratio is 1:1 — shareholders of VLS will receive one JSCEL equity share for every one VLS equity share held; JSCEL to be listed on BSE/NSE.
BSE and NSE issued no-objection letters on January 19 and 20, 2026; remote e-voting window is April 20–23, 2026 via CDSL platform.
Ms. Vinita Varshini appointed as Scrutinizer and Mr. Anil Sharma as Chairperson for the NCLT-convened meeting by the Tribunal.