NIIT Learning Systems Limited has announced the dissolution of its Swiss subsidiary MST Switzerland GmbH, marking another step in the company's corporate restructuring efforts. The dissolution was communicated to stock exchanges on February 25, 2026, as part of mandatory disclosure requirements under SEBI regulations.

Background of the Dissolution

The dissolution process began before NIIT's strategic acquisition completed on July 9, 2025. During that transaction, NIIT (Ireland) Limited, a wholly owned overseas subsidiary of the company, acquired 100% equity stake in MST Investment Holding GmbH along with its subsidiaries.

Corporate Structure Simplification

MST Holding GmbH, Germany, which is a wholly owned subsidiary of MST Investment Holding GmbH, had filed an application with relevant authorities for the striking off and dissolution of MST Switzerland GmbH. The Swiss entity had been classified as an inoperative entity, making it a candidate for dissolution as part of broader corporate restructuring initiatives.

The dissolution was undertaken specifically to streamline and simplify the overall corporate structure following the recent acquisitions and organizational changes within the NIIT group.

Impact Assessment

NIIT Learning Systems has provided clear guidance on the implications of this dissolution:

• Financial Impact: No impact on the company's financial statements or operations
• Shareholding Structure: No changes to the shareholding pattern of any other subsidiary or step-down subsidiary
• Operational Continuity: Business operations remain unaffected by the dissolution

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This follows the company's earlier intimation on July 9, 2025, regarding the initial acquisition of MST Investment Holding GmbH and its subsidiaries.

The disclosure demonstrates NIIT Learning Systems' commitment to maintaining transparency with stakeholders and ensuring full compliance with regulatory requirements for corporate restructuring activities.

NIIT Learning Systems announced on February 25, 2026, that its managed training services division has achieved significant industry recognition. NIIT Managed Training Services (NIIT MTS) has been named to Training Industry Inc's prestigious 2026 Top 20 Companies in Leadership Training list, highlighting the company's excellence in corporate learning solutions.

Recognition Criteria and Industry Standing

Training Industry Inc, the leading research and information resource for corporate learning leaders, selected NIIT MTS based on comprehensive evaluation criteria. The selection process assessed multiple dimensions of organizational capability and market performance.

Jalen Banks, market research analyst at Training Industry Inc, emphasized that this year's Top 20 represents the strongest organizations in the market, noting their excellence in developing leaders through innovative approaches and advanced technologies, including AI-enabled solutions.

Company Leadership Response

DJ Chadha, Chief Customer Officer at NIIT MTS, expressed pride in the recognition, stating it underscores the company's dedication to empowering organizations with leadership capabilities that drive business results. The company's approach combines deep learning expertise, innovative methodologies, and strong customer partnerships to deliver globally scalable leadership development experiences.

Kimberly Andrews, Head of Leadership and Professional Skills Practice at NIIT MTS, highlighted the company's focus on practical, human-centered leadership development embedded in everyday work. She emphasized that leadership development must move beyond theoretical approaches to strengthen capabilities that drive meaningful business impact.

NIIT MTS Global Operations

NIIT MTS operates as a trusted learning and development partner for leading companies across 33 countries. The division, part of NIIT Learning Systems Limited established in 1981, specializes in managed learning and strategic consulting services addressing complex challenges in learning, talent, skills, and workforce transformation.

The company's service portfolio focuses on helping organizations transform and reimagine their learning ecosystems while increasing the business value and impact of learning initiatives. This comprehensive approach has established NIIT MTS as an award-winning partner in the global learning and development sector.

Industry Context

Training Industry Inc maintains its position as the most trusted information source on the business of learning, with authority built through relationships with over 450 expert contributors. The organization's research, reports, live events, and publications generate more than 10 million industry interactions annually, while their Top 20 Training Companies Lists serve as essential resources for business leaders seeking training partners.