The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Pawar Family Trust
NIITLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
NIIT Ltd's promoter group, led by Pawar Family Trust and Thadani Family Trust acting in concert, bought 39,07,000 equity shares (2.86%) through open market purchases between June 1 and June 4, 2026. Pawar Family Trust alone acquired 19,53,500 shares (1.43%), while PAC Thadani Family Trust acquired an equal 19,53,500 shares (1.43%). The combined promoter group holding rose from 5,04,31,688 shares (36.94%) to 5,43,38,688 shares (39.80%) of NIIT's total equity. Total share capital remains Rs. 27.30 crore comprising 13.65 crore equity shares of Rs. 2 each.
This is a positive signal indicating promoter confidence in the company's prospects, as insiders are putting personal money into the stock. The promoter group's stake crossing closer to 40% strengthens their control and may reduce the free float available in the market.