Investment27 Feb 2026, 07:45 am
Veranda Learning Solutions Ltd Redeems Senior Secured NCDs Worth INR 125 Crores
AI Summary
Veranda Learning Solutions Ltd (VLS) and its wholly owned subsidiary, Veranda Race Learning Solutions Private Limited (VRACE), have successfully redeemed their senior, secured, redeemable, unlisted NCDs on February 26, 2026. The redemption includes 2,500 NCDs worth INR 25 Crores by VLS and 10,000 NCDs worth INR 100 Crores by VRACE. The principal amount has been fully redeemed, and there is no outstanding amount. The last interest payment was made on February 01, 2026.
Key Highlights
- Veranda Learning Solutions Ltd and its subsidiary have redeemed their NCDs worth INR 125 Crores.
- The redemption includes 2,500 NCDs worth INR 25 Crores by VLS and 10,000 NCDs worth INR 100 Crores by VRACE.
- The principal amount has been fully redeemed with no outstanding amount.
- The last interest payment was made on February 01, 2026.
- The redemption was not due to a call or put option, premature redemption, buyback, conversion, or other reasons.