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NIIT Ltd’s Board has approved the scheme of amalgamation to merge its wholly-owned subsidiaries, NIIT Institute of Finance Banking and Insurance Training Limited and RPS Consulting Private Limited, into itself. This strategic move aims at operational efficiency and is subject to regulatory approvals.
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Key Highlights and Important Points:
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Board approval: On October 9, 2025, NIIT Ltd’s Board approved the amalgamation scheme to merge NIIT Institute and RPS Consulting into NIIT Limited.
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Objective: The merger is designed to streamline operations, consolidate resources, and improve market positioning.
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Regulatory status: The scheme is pending necessary regulatory approvals but does not require a ‘No Objection Letter’ from stock exchanges as it involves wholly-owned subsidiaries.
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Background: NIIT acquired a majority stake in RPS Consulting in 2021 and has been expanding its learning solutions in finance, banking, insurance, and emerging digital technologies.
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Impact: This consolidation will enhance operational efficiency, optimize resource utilization, and strengthen NIIT’s service offerings across its training verticals.
This strategic amalgamation marks an important milestone for NIIT to better integrate its subsidiary operations and reinforce its position as a leading provider of skill development and technology training solutions in India.
Source: Corporate announcements from NSE and BSE circulars dated October 27, 2025.
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