NIIT Limited has received approval from the National Company Law Tribunal (NCLT), Chandigarh Bench, for its scheme of amalgamation involving two subsidiaries. The order, dated May 22, 2026, sanctions the composite scheme of arrangement between NIIT Institute of Finance Banking & Insurance Training Limited, RPS Consulting Private Limited, and the company.

The Tribunal approved the scheme under Sections 230 and 232 of the Companies Act, 2013. The appointed date for the amalgamation is April 1, 2026. However, the scheme will become effective only after the company receives the certified copy of the order from the NCLT and completes the necessary filing with the Registrar of Companies, NCT of Delhi and Haryana.

Key Details of the Scheme

The amalgamation involves the transfer of all properties, rights, powers, liabilities, and duties of the amalgamating companies to NIIT Limited. Consequently, the amalgamating companies will stand dissolved without being wound up upon the effective date. All contracts and employees of the amalgamating companies will transfer to the amalgamated company without interruption.

Statutory Compliance and Approvals

The scheme received necessary clearances from statutory authorities, including the Regional Director and Registrar of Companies. The Income Tax Department and the Official Liquidator raised no objections to the arrangement. The company confirmed that no notice was required to be given to the Competition Commission of India, as the transaction is exempt under relevant regulations.

The company is currently awaiting the certified copy of the NCLT order to proceed with the final implementation steps.

NIIT Limited , a leading skills and talent development corporation, today announced the launch of six new programs under its GenAI & Artificial Intelligence (AI) portfolio. This strategic expansion aims to address the accelerating demand for AI-led skills, with enrolments in the company's Agentic AI program growing by 88% over the past four months and overall AI program enrolments increasing by 40% year-on-year.

Expanding the GenAI Portfolio

The newly introduced programs are designed to cater to diverse learner segments, including students, educators, and professionals. The rollout marks the beginning of a broader initiative planned throughout the year to enhance AI-first capabilities across the workforce.

The GenAI Spark Program for Students enables learners to utilize AI as a partner for study, creativity, and productivity. Complementing this, the GenAI Spark Program for Educators assists teachers in integrating AI into lesson planning, assessment, and classroom engagement. For foundational knowledge, the GenAI Spark Essentials introduces learners to core AI concepts and practical applications.

Advanced Application and Specialization

Beyond introductory courses, the portfolio includes specialized tracks for specific professional needs. The GenAI Spark Program on Marketing focuses on applying GenAI tools to marketing workflows, content creation, and audience engagement.

Technical learners can opt for the GenAI Applied Program for No-Code Apps, which teaches the design and development of AI-powered application components using low-code and no-code tools. Additionally, the GenAI Applied Program for Practitioners offers an advanced curriculum for professionals to integrate AI into real-world workflows, automation, and productivity systems.

Market Drivers and Skills Gap

The launch aligns with findings from NIIT's India Skills Gap Report 2026, which highlights a disconnect between talent availability and job readiness. While organizations report talent availability, many struggle to find candidates prepared for emerging roles. The report notes that students rate their readiness at 57 out of 100, compared to 82 among senior professionals.

Approximately 40% of employers and academic leaders expect AI to significantly reshape workforce roles over the next 3 to 5 years. Industries with high AI exposure are witnessing nearly 4x higher productivity growth, and professionals with advanced AI skills command up to a 56% wage premium.

Overview of New Programs