NIIT promoter group increases stake to 39.80% via market purchase

Pawar Family Trust and Thadani Family Trust, acting in concert as the promoter group, have increased their combined stake in NIIT Limited to 39.80% through a market purchase of shares. The acquisition, executed between June 1 and June 4, 2026, involved the purchase of 39,07,000 equity shares, representing 2.86% of the company's total paid-up share capital. Prior to this transaction, the promoter group held 36.94% of the equity shares.

The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquirer, Pawar Family Trust, acts through its Trustee Rajendra Singh Pawar. The filing confirms that the acquirer belongs to the promoter group of the target company. The shares of NIIT Limited are listed on BSE Limited and National Stock Exchange of India Limited.

Breakdown of Acquisitions

The total acquisition was distributed among two primary entities within the promoter group. Thadani Family Trust acquired 19,53,500 shares, increasing its individual holding from 18.14% to 19.57%. Similarly, Pawar Family Trust, through its Trustee Rajendra Singh Pawar, acquired 19,53,500 shares, raising its stake from 17.74% to 19.17%. No other Persons Acting in Concert reported acquisitions during this period.

Shareholding Details

The equity share capital of NIIT Limited remains at Rs. 273,034,190, comprising 136,517,095 equity shares of Rs. 2 each. The total diluted share capital also remains unchanged. The following table details the shareholding changes for the key acquirers:

Shareholder	Shares Before	% Before	Shares Acquired	Shares After	% After
Thadani Family Trust	2,47,63,254	18.14	19,53,500	2,67,16,754	19.57
Pawar Family Trust	2,42,14,670	17.74	19,53,500	2,61,68,170	19.17
Total PAC Group	5,04,31,688	36.94	39,07,000	5,43,38,688	39.80

The filing confirms that there are no shares encumbered, nor are there any warrants or convertible securities held by the acquirers that would entitle them to additional voting rights. The total post-acquisition holding of the promoter group stands at 5,43,38,688 shares.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.60%	+36.91%	+31.57%	+1.86%	-31.69%	+61.74%

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.

Authority	Status
Regional Director (RD) and Registrar of Companies (ROC)	Observations responded to; no impediments
Income Tax Department	No objection
Official Liquidator	No observations
Competition Commission of India	Exempted