NIIT Limited , a global skills and talent development corporation, has received a significant update from the National Company Law Tribunal (NCLT) regarding its ongoing amalgamation scheme with two subsidiaries.

NCLT Order Details

The Honourable NCLT, Chandigarh Bench, vide its order dated December 18, 2025, has dispensed with the requirement of meetings for equity shareholders, secured creditors, and unsecured creditors of both the amalgamated company and amalgamating companies. This development follows the company's earlier application submission on October 27, 2025.

Amalgamation Scheme Overview

The scheme involves the amalgamation of NIIT Institute of Finance Banking and Insurance Training Limited and RPS Consulting Private Limited into NIIT Limited. The appointed date for this amalgamation remains April 01, 2026, as previously disclosed.

Current Status and Next Steps

The NCLT order has been uploaded on the tribunal's official website, and the company is awaiting the certified copy of the order. This dispensation significantly streamlines the amalgamation process by eliminating the need for formal meetings with various stakeholder groups.

This positive development brings NIIT Limited closer to completing its corporate restructuring initiative, which is expected to create operational synergies and enhance the company's position in the skills and talent development sector.

NIIT Limited , a global skills and talent development corporation, has announced a significant change in its leadership structure. Mr. Parappil Rajendran, a long-standing member of the company's core team, has been re-designated from Joint Managing Director to Non-Executive Non-Independent Director, effective October 1, 2025.

Leadership Transition

The transition, approved by the Board of Directors on July 1, 2025, and subsequently by shareholders at the Annual General Meeting on September 24, 2025, marks the end of Rajendran's tenure as an Executive Director and Key Managerial Personnel as of September 30, 2025. This move represents a shift in Rajendran's role within the company he has been associated with since its inception in 1981.

Rajendran's Profile and Contributions

Parappil Rajendran, an alumnus of the Indian Institute of Technology Delhi with a degree in Electrical Engineering, has been instrumental in NIIT's growth and global standing. His career journey includes:

• Eight years at KELTRON, a Kerala government startup, where he gained experience in marketing, product management, and electronic automation.
• Serving on the Board of Management of the not-for-profit NIIT University in Neemrana, Rajasthan.
• Active engagement with the NIIT Foundation, focusing on skilling and livelihood needs of underserved youth.

Industry Recognition and Achievements

Rajendran's contributions extend beyond NIIT:

• A decade-long association with the Confederation of Indian Industry (CII), contributing to IT, Human Resources, and Higher Education committees.
• Eight years of service on the Central Board of Trustees of the Employees Provident Fund.
• Life membership of the Institute of Electrical & Electronics Engineers, USA.
• Recipient of the "Outstanding Contribution to National Development – Corporate Excellence" Award from the IIT-Delhi Alumni Association in 2020.

Regulatory Compliance

In compliance with SEBI regulations, NIIT Limited has confirmed that Rajendran is not debarred from holding the office of Director by any SEBI order or other authority. The company has also announced the closure of the trading window for designated persons from October 1, 2025, until 48 hours after the declaration of the unaudited financial results for the quarter and half-year ending September 30, 2025.

This leadership transition at NIIT Limited reflects the company's evolution and its commitment to corporate governance practices. As Rajendran moves into his new non-executive role, his extensive experience and industry insights are expected to continue benefiting the organization in its future endeavors.