SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

NIIT acquires balance 10% stake in RPS Consulting

16 May 2023 Evaluate

NIIT has acquired the balance 10% equity shareholding of RPS Consulting in 3rd and last tranche for a fixed consideration of Rs 15.00 crore payable upfront on tranche III closing and a performance based earnout consideration of up to Rs 3.71 crore payable over the next two years on such terms as agreed under the Supplement Agreement. Subsequent, RPS has now become wholly owned subsidiary of NIIT. 

The acquisition of additional 10% equity shareholding of RPS in 3rd and last tranche is as per the terms of the transaction documents executed on October 1, 2021 and the Supplement Agreement executed on May 15, 2023. The acquisition added new capabilities that help to expand NIIT’s expertise to accelerate digital transformation journeys of large enterprises.

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

NIIT Share Price

71.73 -0.30 (-0.42%)
20-Apr-2026 15:04 View Price Chart
Peers
Company Name CMP
Excelsoft Technologi 92.00
Aptech 100.13
NIIT 71.73
Compucom Software 14.30
Jetking Infotrain 124.00
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×