Veranda Learning Solutions Ltd - 543514 - Intimation Under Regulation 30 Of The Securities Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015
This disclosure is pursuant to Regulation 30 of the Securities Exchange Board of India(Listing Obligations and Disclosure Requirements) Regulations, 2015 with respect to Veranda Race Learning Solutions Private Limited ('the Wholly-owned Subsidiary') ('Transferee Company') having entered into a Business Transfer Agreement ('BTA') dated: January 31, 2023 with Chennai Race Coaching Institute Private Limited ('Transferor Company'), for the acquisition of the Business of the transferor on the Transfer Date, as a going concern and the Transferee shall have deemed to accept, purchase, assume and acquire, as a going concern from the Transferor, all of the Transferor's rights, title and interest in and to the Business as defined in the BTA.01-02-2023