Veranda Learning Solutions has announced the formal demerger of its commerce vertical as part of its ‘Veranda 2.0’ strategy, with the launch of a new entity named J.K. Shah Commerce Education Limited. The move aims to sharpen focus on test preparation for finance and accounting aspirants while also creating global opportunities through internationally recognized courses like CPA and CFA.
As part of the restructuring, Veranda acquired the remaining 24% equity held by Prof. J.K. Shah in Veranda XL Learning Solutions, making it a wholly-owned subsidiary. The demerger now positions J.K. Shah Commerce Education as an independent platform, integrating Veranda’s leading commerce education brands including J.K. Shah Classes, BB Virtuals, Navkar Digital Institute, Tapasya College of Commerce, and Logic School of Management.
Executive Director and Chairman of Veranda Learning, Suresh Kalpathi, said the demerger is aimed at unlocking long-term shareholder value, providing sharper operational focus, and giving the vertical independent access to capital markets. Prof. J.K. Shah, who will serve as Chairman and CEO of the new entity, said the structure consolidates leadership in the commerce test-prep space while also expanding global career pathways for students.
Growth and shareholder benefits
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The vertical is targeting revenue of over ₹1,000 crore by FY30, with a CAGR of 31%.
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Student enrolments are projected to rise steadily, supported by demand for professional finance and accounting courses.
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Operational efficiencies and digital delivery models will help strengthen margins.
Upon completion of the demerger, each shareholder of Veranda Learning Solutions will receive one share in J.K. Shah Commerce Education Limited. The new company will be listed on NSE and BSE via the automatic listing route, with the process expected to take around 12 months.
Established in 2018, Veranda Learning Solutions has grown into a prominent education company with presence in schools, colleges, test preparation, study abroad, and software upskilling. The demerger is expected to accelerate growth and consolidate its position in India’s competitive education ecosystem.
