Shardul Amarchand Mangaldas advises NIIT Limited to acquire 100% equity shareholding of RPS Consulting Private Limited
October 12, 2021
Shardul Amarchand Mangaldas & Co. advised NIIT Limited to acquire 100% equity shareholding of RPS Consulting Private Limited (“Company”) in three tranches. The date of closing of Tranche I was 1 October 2021 and the expected date of closing for Tranche II and Tranche III is within the next two and a half years.
The transaction team was led by Inder Mohan Singh, Partner; Sadia Khan, Partner; Ankit Goel, Principal Associate; Sargam Marwaha, Senior Associate; Priyanka Khatri, Compliance Manager; Ankur Verma, Associate; and Nidhi Khandelwal, Associate.
Majmudar & Partners, Bangalore advised RPS Consulting Private Limited and its promoters. Grant Thornton Bharat advised RPS Consulting Private Limited and its promoters on financial and tax aspects.