05 Apr 2025

Veranda Learning Shares Rise Over 3%; Subsidiary Partners with NEMI Education for IIT Indore-Certified BFSI Program

Veranda Learning Solutions is currently trading at RS. 215.95, up by 6.55 points or 3.13% from its previous closing of RS. 209.40 on the BSE.

The stock opened at RS. 208.50 and has touched a high of RS. 226.20 and a low of RS. 204.75 so far. A total of 26,009 shares have been traded on the counter.

Classified under BSE group 'B' with a face value of RS. 10, the stock reached its 52-week high of RS. 366.05 on September 6, 2024, and a 52-week low of RS. 135.05 on June 4, 2024. In the past week, the stock’s high and low stood at RS. 226.20 and RS. 204.75, respectively. The company's current market capitalization is RS. 1606.59 crore.

The shareholding pattern shows 54.79% held by promoters, 1.47% by institutions, and 43.74% by non-institutions.

In a major development, Veranda Learning Solutions’ wholly owned subsidiary Veranda RACE has signed a Memorandum of Understanding (MoU) with NEMI Education to launch an IIT Indore-certified Post Graduate Program in Banking, Financial Services, and Insurance (BFSI).

This collaboration aims to bridge the skills gap in the BFSI sector and equip learners with industry-relevant knowledge. The program, developed and delivered in partnership with IIT Indore through NEMI Education's skilling wing Drishti CPS, will be conducted by a blend of esteemed faculty, seasoned professionals, and supported by a robust tech-driven platform.

Veranda RACE will leverage its strong presence in BFSI training to ensure wider accessibility. The first course — Post Graduate Certificate in BFSI — will be conducted online with a duration of 4 to 6 months. The inaugural batch is tentatively scheduled to start on May 1, 2025.

Veranda Learning Solutions offers integrated learning solutions in online, offline hybrid, and offline blended formats for students, aspirants, graduates, and professionals preparing for competitive exams, skill development, and career advancement.