Pursuant to Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015 ( Listing Regulations ) read with Part A of Schedule III of Listing Regulations, we wish to inform you the Board of Directors of NIIT Learning Systems Limited at its meeting which was held on July 7, 2025 and later adjourned and closed at 7:09 pm on July 9, 2025, has approved the investment by NIIT (Ireland) Limited, a wholly owned overseas subsidiary of the Company, by way of acquisition of 100% equity stake in MST Investment Holding GmbH along with its subsidiaries ( MST Group ). NIIT (Ireland) Limited has completed the said acquisition.
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NIIT Learning Systems Limited's wholly owned overseas subsidiary, NIIT (Ireland) Limited, has completed the acquisition of 100% equity stake in MST Investment Holding GmbH along with its subsidiaries (collectively referred to as the MST Group). The Board of Directors approved the acquisition at its meeting held on July 7, 2025, which was adjourned and closed at 7:09 pm on July 9, 2025. The transaction was carried out through the overseas subsidiary, expanding NIIT Learning Systems' international footprint. No financial details of the deal have been disclosed in this announcement.
This completed acquisition strengthens NIIT Learning Systems' overseas presence and could boost future revenues and growth through MST Group's operations. Shareholders may view this positively as it signals international expansion, though the absence of deal value and synergy details may temper immediate market reaction.