UTI Mutual Fund has filed a disclosure under SEBI Regulation 29(1) regarding its substantial acquisition of shares in NIIT Learning Systems Limited. The mutual fund increased its shareholding through a secondary market transaction completed on February 20, 2026.

Transaction Details

The acquisition involved UTI Mutual Fund purchasing 26,342 shares of NIIT Learning Systems Limited through secondary market operations. This transaction increased the fund's total shareholding from 6,852,049 shares to 6,878,391 shares.

Regulatory Compliance

The disclosure was filed in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. UTI Mutual Fund confirmed that it does not belong to the promoter or promoter group of NIIT Learning Systems Limited. The acquisition was made entirely through shares carrying voting rights, with no involvement of warrants, convertible securities, or encumbered shares.

Company Information

NIIT Learning Systems Limited maintains its listing status on both major Indian stock exchanges - BSE Limited and The National Stock Exchange of India Limited. The company's equity share capital remained unchanged at Rs.27,47,30,878 following the transaction.

Market Transaction

The shares were acquired through secondary market operations, representing a standard institutional investment approach. The transaction did not involve any special features such as conversion ratios, redemption timelines, or preferential allotment mechanisms. The disclosure was formally submitted from Mumbai on February 23, 2026, three days after the actual acquisition date.

This acquisition reflects UTI Mutual Fund's continued interest in the education technology sector, with the fund maintaining its position as a significant institutional investor in NIIT Learning Systems Limited.

NIIT Learning Systems Limited has successfully allotted equity shares under its employee stock option scheme, marking another step in its employee incentive program. The company informed stock exchanges about this corporate action through an official communication dated February 10, 2026.

Share Allotment Details

The Share Allotment Committee of the company approved the allotment on February 9, 2026. The allotment was conducted in accordance with the terms of NIIT Learning Systems Limited Employee Stock Option Plan 2023-0.

Listing and Trading Approval Process

The company is currently in the process of completing other formalities related to the listing of the newly allotted shares. NIIT Learning Systems will file a listing application along with requisite documents with the stock exchanges shortly. This application will seek listing and trading approval for the 1,00,000 equity shares allotted under the ESOP scheme.

Stock Exchange Communication

The company has formally notified both major stock exchanges about this development. The communication was sent to BSE Limited and National Stock Exchange of India Limited, where the company's shares are listed under scrip codes BSE – 543952 and NSE – NIITMTS respectively.

Company Background

NIIT Learning Systems Limited, formerly known as MindChampion Learning Systems Limited, operates in the managed training services sector. The company is registered in Gurugram, Haryana, and maintains its corporate office at Infocity, Sector 34. The employee stock option plan represents part of the company's strategy to incentivize and retain talent through equity participation.