Announced Wed, 1 Jul · 09:08 IST
NIIT: Amalgamation scheme 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 has become effective from July 1, 2026. Two group companies, NIIT Institute of Finance Banking and Insurance Training Limited and RPS Consulting Private Limited, will merge into NIIT Limited. The NCLT Chandigarh Bench had approved the scheme, following which Form INC-28 was filed with the Registrar of Companies, Haryana on July 1, 2026.
Likely market impact
Simplifies group structure as two subsidiaries merge into listed entity NIIT Limited. Likely to drive operational efficiencies and consolidated financials.