MoneyWorks4Me

Hulst B.V. acquires stake in NIIT Technologies

20 May 2019 Evaluate

Hulst B.V. has acquired 18,848,118 equity shares (with face value of Rs 10 each) of NIIT Technologies, on May 17, 2019. After this acquisition, the entity’s stake in the company has increased from 1.14% to 31.65%.

NIIT Technologies is a leading global IT solutions organization servicing customers across the Americas, Europe, Asia, and Australia. NIIT Technologies services clients in travel and transportation, banking and inanely, services, insurance.

Peers
Company Name CMP
TCS 2077.00
Infosys 1009.10
HCL Technologies 1244.85
Wipro 163.60
Tech Mahindra 1546.00
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