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An announcement from NIIT Limited ( (IN:NIITLTD) ) is now available.
NIIT Limited has provided an update on its ongoing amalgamation of two subsidiaries, NIIT Institute of Finance Banking and Insurance Training Limited and RPS Consulting Private Limited, into the parent company. The National Company Law Tribunal’s Chandigarh Bench has, via an order dated December 18, 2025, dispensed with the requirement to hold meetings of equity shareholders, secured creditors, and unsecured creditors of both the amalgamated and amalgamating entities, marking a procedural step that is expected to streamline and speed up the merger process and internal reorganisation for NIIT.
More about NIIT Limited
NIIT Limited is a learning and talent development company that operates training businesses through subsidiaries such as NIIT Institute of Finance Banking and Insurance Training Limited and RPS Consulting Private Limited, focusing on professional skills development in finance, banking, insurance, and IT consulting for corporate and individual learners.
Average Trading Volume: 18,805
Technical Sentiment Signal: Hold
Current Market Cap: 11.9B INR
For a thorough assessment of NIITLTD stock, go to TipRanks’ Stock Analysis page.