UTI Mutual Fund increased its stake in NIIT Learning Systems from 5.39% to 6.48% by purchasing 15,17,152 shares. The stake is valued at ₹213.68 Cr based on the share price of ₹239.06.
A provider of managed training services to corporations across 30 countries, NIIT Learning Systems offers custom content design, learning delivery, and L&D consulting. The company delivers specialized solutions including immersive learning, customer education, talent pipeline services, diversity and inclusion training, digital and IT skills development, and leadership programs. Its comprehensive approach combines learning technology platforms with strategic sourcing to support enterprise workforce development and organizational capability building.
India's oldest and most storied asset manager, founded in 1963 as the Unit Trust of India under an Act of Parliament. Now manages over Rs 3.5 lakh crore with backing from four public sector institutions: LIC, SBI, Bank of Baroda, and Punjab National Bank. CIO Vetri Subramaniam is a long-term compounder with a consistent quality tilt and clear articulation of process.
