NIIT Limited (NIITLTD) — Corporate Action

· NSE 🔴 High Importance Neutral
📢 Key Event
NCLT Chandigarh Bench approved NIIT's amalgamation scheme with two subsidiaries on May 22, 2026.
🔄 What Changed
The scheme transfers assets, liabilities, contracts and employees to NIIT Limited, making it the surviving entity without winding up the merging companies.
🔮 What's Next
The scheme becomes effective upon filing the certified order with the Registrar of Companies, Haryana, with an appointed date of April 1, 2026.
💡 Investor Takeaway
Shareholders of the merging entities will receive shares in NIIT Limited as part of the amalgamation.

NIIT Limited announced that the National Company Law Tribunal Chandigarh Bench approved its scheme of amalgamation with NIIT Institute of Finance Banking & Insurance Training Limited and RPS Consulting Private Limited on May 22, 2026. The scheme becomes effective upon filing the certified order with the Registrar of Companies, Haryana, with an appointed date of April 1, 2026. The transaction transfers assets, liabilities, contracts and employees to NIIT Limited without winding up the merging entities.

📄 View Original Announcement (PDF)

About NIIT Limited (NIITLTD)

Consumer Services · Other Consumer Services · Listed on NSE

Market Cap: ₹868.94 Cr P/E: 19.5

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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