New Delhi, Oct. 5 -- Shares of Veranda Learning Solutions made range bound movement during Monday's intraday trading session ahead of its spin-off record date. The BSE Consumer Discretionary stock announced demerger and listing of JK Shah Commerce Education Limited.

The company stock has surged nearly 48% in six months and around 4.89% in 2026 so far.

The company has fixed Tuesday, October 6, as the record date to determine the eligibility of shareholders for the payout. The company scrip will also start trading ex-benefit, ie without the value of the demerged entity, from record date.

The demerger will take place in the share entitlement ratio of 1:1. As per the company press release, "eligible shareholders of Veranda Learning as on t...