Acquisitions25 Sept 2025, 05:22 pm
Veranda Learning Solutions Divests Vocational Segment, Acquires 50% Stake in SNVA Edutech for INR 390.11 Crores
AI Summary
Veranda Learning Solutions Ltd held a Board Meeting on September 25, 2025, where it approved the strategic divestment of its entire Vocational segment to SNVA Edutech Limited for a consideration of INR 390.11 crores in the form of equity shares. This move will allow Veranda to unlock value from its existing vocational education assets and participate in the future growth and direction of SNVA. The combined entity will integrate skilling, vocational, and higher education operations across multiple countries, positioning itself as a unique and diversified education platform.
Key Highlights
- Veranda Learning Solutions to divest its entire Vocational segment to SNVA Edutech Limited for INR 390.11 crores in equity shares.
- The divestment includes Brain4ce Education Solutions Private Limited, Veranda Management Learning Solutions Private Limited, and Six Phrase Edutech Private Limited.
- Post-divestment, Veranda and its subsidiary will hold a 50% equity stake in SNVA Edutech Limited.
- The transaction is expected to be completed by October 31, 2025, subject to shareholder approval.
- The combined entity will integrate skilling, vocational, and higher education operations across multiple countries.