NIIT LimitedNIITLTDNSE
Amalgamation
As filed · NIIT Limited has informed the Exchange about Amalgamation/Merger
M&AWatchMajormateriality 81 out of 100
What happened
FactNIIT Limited has announced the approval of a scheme of amalgamation involving NIIT Institute of Finance Banking and Insurance Training Limited and RPS Consulting Private Limited, which will merge into NIIT Limited. The appointed date for the merger is set for April 1, 2026. The application for the merger has been submitted to the National Company Law Tribunal on October 27, 2025.
Why it matters
CapitSignal interpretationA merger fixes a share-exchange ratio, which permanently sets how much of the combined company existing holders own.
Watch next
Fact- Swap ratio and its valuation basis
- Regulatory and NCLT approvals required
- Appointed date
Evidence
How CapitSignal classified this
- Reasoning:
- MERGER base 74; +2 corroborating keywords; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%