Pledge and Encumbrance Over Veranda Learning Solutions Shares Released

Veranda Learning Solutions Ltd has announced the release of pledge and encumbrance over its equity shares by Catalyst Trusteeship Ltd. The release follows the repayment of non-convertible debentures issued by Veranda Learning Solutions, Veranda XL Learning Solution Private Limited, and Veranda Race Learning Solutions Private Limited. The promoters had pledged a portion of their shareholding in Veranda Learning Solutions, which was released after the repayment of debentures. This move signifies a positive development for the company and its shareholders.