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NIIT Learning Systems Limited has announced a board meeting and approved issuing a corporate guarantee up to EUR 15.75 million to back a term loan facility of EUR 15 million for its wholly owned subsidiary, NIIT (Ireland) Limited. The loan will support acquisition financing, general corporate purposes, and transaction expenses. The guarantee will be valid for just over five years and acts as a contingent liability on the consolidated group. This move facilitates the subsidiary’s overseas growth while keeping risk exposure capped for the parent company’s shareholders.