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Education
Merger17 Jun 2026, 12:53 pm

NIIT Ltd Receives NCLT Order Approving Amalgamation Scheme

AI Summary

NIIT Ltd has received the certified copy of the National Company Law Tribunal (NCLT) order dated May 22, 2026, approving the scheme of amalgamation. The scheme involves the amalgamation of NIIT Institute of Finance Banking and Insurance Training Limited and RPS Consulting Private Limited with and into NIIT Limited. The appointed date for the scheme is April 1, 2026, and it will become effective upon filing the order with the Registrar of Companies. This marks a significant step in the corporate restructuring process.

Key Highlights

  • NCLT order approving the amalgamation scheme received.
  • Scheme involves amalgamation of two subsidiaries with NIIT Ltd.
  • Appointed date for the scheme is April 1, 2026.
  • Scheme effective upon filing with Registrar of Companies.