Veranda Learning Solutions Cost of Acquisition Apportionment Details

64.50% allocated to Veranda Learning Solutions (VLS) and 35.50% to J.K. Shah Commerce Education Limited (JSCEL).

Reader Takeaway: Use the new 64.50:35.50 ratio to adjust original share purchase costs for accurate tax and capital gains reporting.

What just happened

Veranda Learning Solutions Limited has provided the official cost of acquisition apportionment ratio for shareholders who held shares during the recent demerger. Following the transfer of the Commerce Business to J.K. Shah Commerce Education Limited (JSCEL), investors must split their original acquisition cost between the two entities to calculate their revised cost base for tax purposes.

Why this matters

Accurate cost apportionment is essential for shareholders to correctly calculate capital gains tax when selling shares in the future. The company clarified that 64.50% of the original investment cost should be attributed to Veranda Learning Solutions, while 35.50% is attributed to the newly formed J.K. Shah Commerce Education Limited.

The backstory

The demerger of the Commerce business was finalized with an effective date of August 31, 2026. A record date of October 6, 2026, was set for the process, which involved the allotment of over 9.65 crore shares in JSCEL to existing VLS shareholders on a 1:1 basis.

What changes now

Investors holding both VLS and JSCEL shares must update their financial records. For every share originally held, the investment cost is now partitioned. For instance, an original investment of Rs 1,00,000 should now be treated as Rs 64,500 in VLS and Rs 35,500 in JSCEL.

Risks to watch

This data is provided as general guidance. Shareholders should not treat this as formal tax advice. Investors are strongly encouraged to consult with qualified tax professionals or chartered accountants, as specific personal tax situations, holding periods, and individual cost bases may lead to different outcomes under Income Tax regulations.