NIIT Merges StackRoute and RPS Consulting into Enterprise Tech Division

1 min read     Updated on 04 Jul 2026, 10:27 AM
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Reviewed by
Jubin VScanX News Team
AI Summary

NIIT Limited unveiled its Enterprise Tech business on July 03, 2026, integrating StackRoute and RPS Consulting into a unified division focused on AI-first engineering, cloud transformation, cybersecurity, and enterprise architecture. Dr. Vishnupriya Raghavan was appointed Senior Vice President and Business Head to lead the combined offering, which aims to deliver role readiness, deep technology skilling, and large-scale workforce transformation for enterprise clients.

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NIIT Limited has launched its Enterprise Tech business by merging StackRoute and RPS Consulting into a unified technology-focused division. Announced at the World Digital Architect Conclave 2026 in Bangalore on July 03, 2026, the strategic move aims to address evolving enterprise talent needs by helping organizations build future-ready technology talent and drive large-scale workforce transformation.

The company appointed Dr. Vishnupriya Raghavan as Senior Vice President and Business Head to lead the Enterprise Tech business. The platform is designed to deliver role readiness, deep technology skilling, leadership development, OEM-led capability programs, and enterprise-scale capability transformation. It focuses on areas such as AI-first engineering, AI-led SRE, cloud transformation, cybersecurity, data engineering, enterprise architecture, Engineering Intelligence, and technology leadership.

Key Business Integration Details

The following table outlines the role of each entity within the newly formed Enterprise Tech division:

Entity: Role in Integration
StackRoute Deep engineering expertise and learning strength
RPS Consulting OEM partnerships and expansive ecosystem
Enterprise Tech Unified technology skilling and capability building

This integration bridges RPS Consulting's OEM partnerships with StackRoute's deep engineering expertise, creating a stronger Enterprise Tech offering to build workforce capabilities at scale. As enterprises accelerate investments in AI, cloud, cybersecurity, automation, and digital transformation, scalable, role-based capability development has become critical to workforce transformation.

Leadership and Strategic Vision

Pankaj Jathar, Chief Executive Officer, NIIT Limited, stated that the integration deepens the company's commitment to helping organizations build future-ready talent amidst rapid technological change. He added that by bringing together StackRoute and RPS Consulting, and combining technology expertise, leadership development, and learning-led transformation, the company is helping organizations build future-ready talent and create lasting business impact.

Dr. Vishnupriya Raghavan noted that Enterprise Tech brings together StackRoute and RPS Consulting to provide a unified technology skilling and capability-building offering across engineering, architecture, cloud, cybersecurity, data and AI, SRE, operations, and technology leadership. She added that by uniting StackRoute's deep engineering and learning strength with RPS Consulting's expansive OEM ecosystem, the combined entity offers clients end-to-end capability and unmatched scale to drive continuous workforce transformation. The integration leverages structured learning pathways, hands-on practice, and real-world application to help organizations accelerate time-to-productivity and build future-ready teams.

Historical Stock Returns for NIIT

1 Day5 Days1 Month6 Months1 Year5 Years
-1.08%+3.09%+15.50%+11.69%-19.41%+45.11%

How will NIIT measure the financial impact of this merger on its revenue streams over the next fiscal year?

What specific AI-first engineering solutions will the new Enterprise Tech division prioritize to meet current market demands?

How does the integration of StackRoute and RPS Consulting position NIIT against competitors in the enterprise tech training space?

NIIT Ltd receives NCLT order for amalgamation scheme

2 min read     Updated on 17 Jun 2026, 01:00 PM
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Reviewed by
Suketu GScanX News Team
AI Summary

NIIT Ltd received the certified NCLT order on June 16, 2026, approving the amalgamation of NIIT Institute of Finance Banking & Insurance Training Limited and RPS Consulting Private Limited. The appointed date is April 1, 2026. The scheme transfers all assets, liabilities, and employees to NIIT Limited.

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NIIT Limited received the certified copy of the National Company Law Tribunal (NCLT) order on June 16, 2026, approving the scheme of amalgamation with NIIT Institute of Finance Banking & Insurance Training Limited and RPS Consulting Private Limited. The order, dated May 22, 2026, sanctions the composite scheme of arrangement under Sections 230 and 232 of the Companies Act, 2013. The appointed date for the scheme is April 1, 2026, and it will become effective upon filing the certified true copy with the Registrar of Companies, Haryana.

Scheme Details

The amalgamation involves the transfer of all properties, rights, powers, liabilities, and duties of the amalgamating companies to NIIT Limited. All contracts subsisting immediately before the effective date will stand transferred to and vested in the amalgamated company. Employees and staff of the amalgamating companies will become employees of NIIT Limited without any interruption of service, on terms and conditions no less favourable than those previously applicable.

Statutory Compliance

The statutory auditors certified that the accounting treatment proposed in the scheme complies with applicable Indian Accounting Standards (Ind AS). The Income Tax Department and the Official Liquidator raised no objections to the scheme. The Regional Director and Registrar of Companies raised observations regarding pending statutory dues, which the company addressed by undertaking to make payments upon final adjudication.

Key Observations and Responses

The company addressed specific observations regarding disputed statutory dues. The table below summarizes the key observations and the company's responses:

Sl. No. Observation(s) of the ROC/RD Response of the Petitioner Companies
10(a) Pending Statutory Dues (Service) Tax of Rs. 32,352 thousand related to 2008-2010. The amount is disputed and pending before the Commissioner of Service Tax, Delhi - II. The company undertakes to pay upon final adjudication.
10(b) Pending Statutory Dues (GST and Income Tax) amounting to Rs. 2.18 million, Rs. 9.41 million, and Rs. 11.37 million. The disputed amounts are under appeal. The company undertakes to pay upon final adjudication. The Rs. 11.37 million liability was settled on June 13, 2025.
10(c) Compliance with Section 232(6) regarding fee payable on revised Authorised Share Capital. The company undertakes to pay the differential duty on its enhanced authorised share capital.

Effective Date and Dissolution

The scheme will be binding on the petitioner companies, their shareholders, and creditors. Upon the effective date, the amalgamating companies shall stand dissolved without being wound up. NIIT Limited is directed to lodge a copy of the order with the concerned Superintendent of Stamps for adjudication of stamp duty, if any, within 60 days from the date of the order.

Historical Stock Returns for NIIT

1 Day5 Days1 Month6 Months1 Year5 Years
-1.08%+3.09%+15.50%+11.69%-19.41%+45.11%

How will the amalgamation impact NIIT Limited's consolidated financial performance and earnings per share in the upcoming fiscal year?

What strategic synergies does NIIT Limited expect to achieve by integrating the finance, banking, and insurance training verticals?

How will the company manage the financial risk associated with the pending adjudication of disputed statutory dues amounting to over Rs. 20 million?

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