NIIT Limited — Board Meeting, 17-04-2025: Outcome of Board Meeting

NIIT Limited has executed a Share Subscription and Purchase Agreement to acquire 100% equity in iamneo Edutech Private Limited in multiple tranches. The board approved the transaction, resulting in NIIT acquiring 70% equity shareholding for approximately ₹61.3 crore, with the remaining 30% to be acquired over five years. This strategic move enhances NIIT's growth potential in technology training, offering robust learning solutions to universities and corporations. iamneo reported a revenue of ₹27.6 crore for FY 2024-25, solidifying its position in the deep skilling SaaS space.