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NIIT Technologies informs about disinvestment

08 Apr 2019 Evaluate

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, NIIT Technologies has informed that the Company has decided for sale of its equity stake in ESRI India Technologies (its Subsidiary Company) (‘ESRI India’). The Company is holding 88.99% of the total paid up capital of the ESRI India and it has decided to sell its entire stake/investment in the equity shares of ESRI India to Environmental Systems Research Institute Inc., USA.

The above information is a part of company’s filings submitted to BSE.

 

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