NIIT Limited , a global skills and talent development corporation, has taken a significant step towards corporate restructuring by filing an application with the National Company Law Tribunal (NCLT) for the amalgamation of two of its subsidiaries.

Amalgamation Details

The company has submitted an application to the NCLT for the amalgamation of NIIT Institute of Finance Banking and Insurance Training Limited and RPS Consulting Private Limited into NIIT Limited. This move follows the approval of the scheme of amalgamation by NIIT Limited's Board of Directors.

Key Points of the Amalgamation

Implications and Next Steps

The amalgamation, once approved by the NCLT, is expected to streamline NIIT Limited's corporate structure. This consolidation may lead to operational synergies and potentially enhance the company's market position in the skills and talent development sector.

Shareholders and investors should note that the process is still in its early stages, with the NCLT yet to review and approve the application. The company will likely provide further updates as the amalgamation process progresses through the regulatory channels.

Investors are advised to keep an eye on further announcements from NIIT Limited regarding this corporate action.

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.