Announced Wed, 1 Jul · 09:09 IST
Amalgamation scheme with NIFB Training and RPS Consulting becomes effective from July 1, 2026
NIITLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+3.8%1-day move
₹100.55
prior close
₹100.51
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.8+0.8+0.9+0.4+3.8+2.9+6.6-0.3-2.2+0.0-5.0———
Up moveDown movePending
AI summary
NIIT Limited's Scheme of Amalgamation with NIIT Institute of Finance Banking and Insurance Training Limited and RPS Consulting Private Limited has become effective from July 1, 2026. Form INC-28 was filed with the Registrar of Companies, Haryana on the same date. The NCLT Chandigarh Bench had earlier approved the scheme. Both amalgamating companies are now merged into NIIT Limited, consolidating its training and consulting operations.
Likely market impact
Two related entities are now merged into NIIT, consolidating operations. Short-term share price impact may be limited as these were likely subsidiaries or group entities.