Veranda Learning fixes October 6 as record date for commerce vertical demerger

India, Sept. 24 -- Veranda Learning Solutions has fixed October 6, 2026, as the Record Date to determine shareholders eligible to receive shares of J.K. Shah Commerce Education Limited (JSCEL) following the demerger of its Commerce education business.

Under the approved Composite Scheme of Arrangement, eligible Veranda Learning shareholders will receive 1 equity share of JSCEL for every 1 share held in Veranda Learning, without any additional payment, subject to the scheme and regulatory requirements.

JSCEL will house Veranda Learning's Commerce education businesses and brands, including J.K. Shah Classes, BB Virtuals, Navkar Digital Institute, Tapasya College of Commerce and Logic School of Management.

The new company will be led by Pro...