Merger/Amalgamation
Subsidiary share transfer and merger approved to consolidate test-prep segment
On March 11, 2026 Veranda's wholly-owned subsidiaries completed an internal transfer of 100% stakes in Neyyar Academy and Neyyar Education to Veranda Race, and boards approved merger of Veranda IAS and Neyyar Academy into Veranda Race to rationalize the Government Test Preparation segment.



