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NIIT gets nod for Rs 237 crore buyback plan

28 Dec 2020 Evaluate

NIIT’s Board has approved an up to Rs 237-crore buyback proposal at Rs 240 per equity share. The Board of Directors of the company at its meeting held on December 24, 2020, has inter-alia approved a proposal for buyback of up to 9,875,000 fully paid-up equity shares of the company for an aggregate amount not exceeding Rs 2,370,000,000.

NIIT is a leading Skills and Talent Development Corporation that is building a manpower pool for global industry requirements.

Peers
Company Name CMP
NIIT Learning System 189.55
Aptech 81.25
NIIT 69.34
Excelsoft Tech. 77.73
Compucom Software 12.95
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