Announced Wed, 17 Jun · 12:59 IST
NIIT receives NCLT order copy on merger scheme
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
-7.9%1-day move
₹105.99
prior close
₹104.24
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.5+0.1+0.3+0.4-7.9-10.4-2.3-4.0-2.1-9.1-6.2-8.4——
Up moveDown movePending
AI summary
NIIT Limited has received the certified copy of the NCLT order dated May 22, 2026, sanctioning its scheme of merger. The certified copy was received on June 16, 2026. This indicates the NCLT has approved the merger scheme, moving the process closer to completion, subject to other regulatory filings and approvals as required by law.
Likely market impact
Positive - NCLT sanctioning of the merger scheme is a key milestone, though further regulatory steps remain before the merger is effective.