StockWatch
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E-Learning
Shareholding22 Sept 2026, 05:52 pm

Veranda Promoters Pledge 1.2 Cr Shares (12.45%) for Personal Loans

AI Summary

Veranda Learning Solutions' promoters, Kalpathi S Aghoram, Kalpathi S Ganesh, and Kalpathi S Suresh, have pledged a total of 1.2 crore equity shares, representing 12.45% of the company's total share capital. The pledge was created on September 19, 2026, in favor of AUTHUM INVESTMENT AND INFRASTRUCTURE LIMITED. This action serves as security for term loan facilities availed by the promoters for their personal financial requirements. Following this event, the total encumbered shares held by the promoters now stand at 2.19 crore shares, or 22.74% of the company's share capital. This disclosure was made under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Promoters pledged 1.2 crore shares, 12.45% of total capital.
  • Pledge secures personal term loan facilities for promoters.
  • Total promoter encumbered shares now 2.19 crore (22.74%).
  • Pledge made to AUTHUM INVESTMENT AND INFRASTRUCTURE LIMITED.