Brief: Veranda Learning Solutions Unit Enters Definitive Agreements For Acquisition Of Tapasya Educational Institutions

Veranda Learning Solutions

12/01/2024 08:33

Jan 12 (Reuters) - Veranda Learning Solutions Ltd
 VERN.NS :
    * UNIT ENTERED INTO DEFINITIVE AGREEMENTS FOR ACQUISITION OF
TAPASYA EDUCATIONAL INSTITUTIONS
    * COST OF ACQUISITION 1.2 BILLION RUPEES FOR THE FIRST
TRANCHE
    * COST OF ACQUISITION 24 MILLION RUPEES FOR SECOND TRANCHE
    * CONSIDERATION PAYABLE FOR THIRD TRANCHE TO BE DETERMINED
BASED
ON PERFORMANCE OF TAPASYA WITH FLOOR PRICE OF 2.4 BILLION RUPEES

Source text for Eikon:  ID:nBSE7nDhNY 
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