NIIT Learning Systems Limited — Board Meeting, 28-01-2026: Outcome of Board Meeting
28-01-2026 | 01:27 pm
28-01-2026 | 01:27 pm
NIIT Learning Systems' Board approved a corporate guarantee of USD 10.5 mn for its US subsidiary, NIIT (USA) Inc. This backs a term loan (up to USD 10 mn) from ICICI Bank NY to partially fund the Sweetrush Inc. acquisition. This creates a contingent liability.
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