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NIIT Learning Systems falls 4% on listing post NIIT demerger

Consequent to the demerger, each shareholder of NIIT has been allotted one share of NIIT Learning Systems for every NIIT share they held on the record date of June 8, 2023, according to the company s filing. ....

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NIIT shares trade ex-demerger; stock jumps 4% to Rs 102.40 level

NIIT shares opened at Rs 98.70 level (adjusted of demerger) against Wednesday's closing price of Rs 405.90. It later jumped 3.75 per cent to hit a high of Rs 102.40.

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NIIT shares to turn ex-date for demerger today. Key details

NIIT Learnings Systems reported a profit after tax of Rs 192.20 crore for FY23. It revenue for the year was up 20 per cent at Rs 1,361.80 crore. Ebitda margin for the quarter stood at 23.2 per cent.

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NIIT rallies after co says share buyback to begin on April 12


NIIT rallies after co says share buyback to begin on April 12
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Last Updated: Apr 01, 2021, 09:58 AM IST
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Synopsis
The company said it has received final observations from Sebi on the draft letter of offer.
The company said its up to Rs 237 crore buyback offer will open on April 12.
NEW DELHI: NIIT shares rallied 14 per cent on Thursday after the skills and talent development firm said its up to Rs 237 crore buyback offer will open on April 12.
In a filing to BSE, the company said it has received final observations from Sebi on the draft letter of offer.
In accordance with the SEBI (Buy-Back of Securities) Regulations, 2018, the company will dispatch the letter of offer for the buyback to eligible shareholders, appearing on the record date of February 24, 2021, on or before April 5, 2021. ....

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