Most of the Velammal branches are run thro franchise...... so it doesn't mean anything!!
None of the Velammal Schools in Tamilnadu are run through franchisees. All the schools are very much run by the Velammal Management. For practicality and smooth functioning of schools and for better facilitation, the schools are managed by different members of the same family which is ably supported by professionals.
With regards to Velammal Vidhyashram turning in to Velammal Vidyalaya, yes it is true. However nothing has changed except the name of the school including the Principal and teachers and the text books. The name change is purely on technical grounds.
Hope this clarifies your doubts.