NIIT receives NCLT order copy for amalgamation of two subsidiaries into itself

Nclt Scheme FiledStrategic Transactions View source PDF

NIITLTD · price

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AI summary

NIIT Limited has received the certified copy of the NCLT order dated May 22, 2026, approving the amalgamation of NIIT Institute of Finance Banking and Insurance Training Limited and RPS Consulting Private Limited into NIIT Limited. The appointed date is April 1, 2026. The scheme becomes effective only after the certified copy is filed with the Registrar of Companies in Haryana. All assets, liabilities, contracts and employees of the two merging entities will transfer to NIIT Limited.

Likely market impact

Internal group restructuring; scheme becomes operational after RoC filing. Consolidates subsidiaries into listed parent with no direct cash impact on shareholders.