NIIT to merge with subsidiary effective June 2026

NIIT to merge with its subsidiary effective June 16, 2026. The move aims to streamline operations and reduce compliance costs. The amalgamation is part of NIIT’s broader corporate restructuring plan. Shareholders should expect no immediate cash impact.

📊 STOCKS: NIITLTD | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #Merger