NIIT Limited (BSE:500304) acquired additional 20% stake in RPS Consulting Pvt Ltd from RPS promoters for approximately INR 360 million on December 22, 2022. The consideration paid in cash. The remaining 10% shareholding will be acquired by NIIT Limited in the 3rd tranche as per the terms of Transaction Documents. RPS had Revenue of INR 1.269 billion in FY22.

NIIT Limited (BSE:500304) completed the acquisition of additional 20% stake in RPS Consulting Pvt Ltd from RPS promoters on December 22, 2022.