NIIT Limited — JV/Acquisition, 23-05-2026: Amalgamation/Merger

NCLT has approved the amalgamation of NIIT Institute of Finance Banking & Insurance Training and RPS Consulting Private Limited into NIIT Limited. The appointed date is April 1, 2026, with effectiveness pending final documentation. This scheme binds all shareholders and creditors. Existing disputed statutory dues, including ~Rs 3.24 Cr for service tax and ~Rs 0.22 Cr, ~Rs 0.94 Cr, and ~Rs 1.14 Cr for GST/Income Tax, will be managed by the Amalgamated Company upon final adjudication. This move consolidates operations under NIIT Ltd.