Veranda Learning Solutions has announced the demerger of its Commerce vertical under its new “Veranda 2.0” vision.
The company’s latest move sets the stage for accelerated growth in India’s fiercely competitive professional education sector.
As part of the restructuring, Veranda Learning will acquire the remaining 24 per cent stake held by Prof. J.K. Shah in Veranda XL Learning Solutions Pvt Ltd, bringing full ownership under its belt.
This acquisition simplifies the group’s structure and paves the way for a smooth demerger process.
Significantly, a portion of the funds raised through the recently concluded Qualified Institutional Placement (QIP) will be directed toward repaying debt owed by Veranda XL to Ascertis Credit (formerly Barings Private Equity Asia).
This strategic repayment will substantially reduce the subsidiary’s financial burden, positioning it for a debt-free future.
The vertical’s operations will soon be housed under a newly incorporated wholly owned subsidiary, proposed to be named J.K. Shah Commerce Education Limited, pending final approvals.
This new entity will consolidate Veranda’s premier commerce education brands, J.K. Shah Classes, BB Virtuals, Navkar Digital Institute, Tapasya College of Commerce, and Logic School of Management, into a single powerhouse focused on CA, CS, CMA, and ACCA test preparation.
Suresh Kalpathi, Executive Director and Chairman of Veranda Learning, described the move as pivotal for driving focused growth.
“This demerger is an important step towards building business units that can pursue independent strategies. The Commerce vertical has immense potential, and this initiative will allow it to realize that fully,” he said.
Prof. J.K. Shah, who will head the newly formed entity, expressed optimism about the future. “This marks the beginning of a new chapter. With greater agility, we can now expand academic innovations and deepen our outreach to aspiring finance professionals. I’m excited about the opportunities ahead,” he said.
Prof. Shah will also retain an economic interest in the new company, ensuring continuity and aligned vision.
The Commerce vertical has set ambitious growth targets, with a revenue goal of Rs 1,000 crore by FY30.
The plan includes aggressive expansion through digital and hybrid learning models, deeper market penetration, and operational efficiency to improve margins.
The listing of the new entity on NSE and BSE is expected within 12 months, subject to regulatory approvals.
By enabling independent capital access and operational focus, Veranda’s latest move is expected to enhance shareholder value and cement its leadership in India’s professional education ecosystem.
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