NIIT Learning Systems Limited — JV/Acquisition, 17-07-2026: Amalgamation/Merger

NIIT (USA) Inc. (NIIT USA) is merging its wholly-owned subsidiary, Stackroute Learning Inc. (SLI), into itself. The move aims to simplify operations, cut costs, and combine capabilities. NIIT USA plans to leverage SLI's expertise in technology programs for corporate clients, enhancing enterprise learning solutions. SLI reported USD 1.59 mn revenue and USD 1.07 mn net worth. There's no share swap, and this internal restructuring is not expected to materially impact NIIT Learning Systems' financials or shareholding pattern. It's an internal alignment for better business execution.