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| Exchange Received Time 16/05/2018 17:16:59 Exchange Disseminated Time 16/05/2018 17:17:04 Time Taken 00:00:05 | In terms of Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015 ('Listing Regulations') read with Part A of Schedule III of Listing Regulations, we wish to inform you that NIIT China (Shanghai) Limited, a step down subsidiary of the Company has entered into an agreement to sell its entire 60% shareholding in its subsidiary company i.e. Wuxi NIIT Information Technology Consulting Limited (Wuxi NIIT).
This is in line with the Company's focus on Education Centre Consolidation and delivery through SLT platform and Digital Transformation Initiatives.
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