Merger23 May 2026, 02:31 pm
NIIT: NCLT Approves Amalgamation Scheme
AI Summary
The National Company Law Tribunal (NCLT), Chandigarh Bench, has approved the scheme of amalgamation between NIIT Institute of Finance Banking and Insurance Training Limited and RPS Consulting Private Limited with NIIT Limited. The appointed date for the scheme is April 1, 2026. The scheme will be effective upon receipt of the certified order copy and its filing with the Registrar of Companies.
Key Highlights
- NCLT Chandigarh approves NIIT's amalgamation scheme.
- Amalgamation includes NIIT Institute of Finance Banking and RPS Consulting.
- Appointed date for the scheme is April 1, 2026.
- Scheme effective after order receipt and filing with Registrar of Companies.
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