The Exchange had sought clarification from NIIT Technologies with respect to news appearing in Mint on May 19, 2015 titled ‘NIIT Tech acquires Incessant Tech.’ NIIT Technologies replied stating that they would like to clarify that the Company had informed the Exchanges under Clause 36 of the Listing Agreement on May 05, 2015 about its strategic investment in Incessant Technologies Limited through an acquisition of 51% stake. The article in ‘Mint’ and ‘Business Standard’ dated May 19, 2015, is in continuation to the previous announcement.
The above information is a part of company’s filings submitted to BSE.
