5439522026-01-105439522026-01-102026-01-10iso4217:INRxbrli:pureNIIT Learning Systems LimitedNIITMTSNewAcquisition (including agreement to acquire)2026-01-092026-01-10NIIT (USA) Inc.Material SubsidiarySweetrush, Inc.2230000000143800000393200000falsefalsefalsefalseCorporate Learning & Development NIIT (USA), Inc, a wholly owned subsidiary company of NIIT Learning Systems Limited (“NIIT MTS”, “Company”) has acquired 100% equity shareholding of SweetRush (the “Acquisition”). The transaction is part of NIIT MTS’ stated strategy to drive growth through investments for building new capabilities, geographic expansion and penetrating attractive customer segments. The transaction brings together SweetRush’s custom, AI-enabled, human-centered learning experience design with NIIT’s global managed learning scale. SweetRush is recognized for award-winning strategic learning interventions and custom learning solutions, including certification-oriented content and a growing talent solutions capability, while NIIT brings a comprehensive, AI-enabled Managed Learning Services platform serving Global 1000 enterprises, enabling clients to optimize learning investments with measurable outcomes. The acquisition supports NIIT MTS’ growth strategy through: • An expanded services portfolio, including strategic learning interventions, certification solutions, and talent solutions, positioned to drive wallet share expansion across enterprise, association, and not-for-profit client segments. • The opportunity to convert project-based relationships into longer-duration, annuity-like managed learning engagements, by extending NIIT’s broader Managed Learning Services platform to SweetRush’s client base.NofalseAcquisition has been completed.Cash234000000001 NIIT (USA), Inc, a wholly owned subsidiary company of NIIT Learning Systems Limited (“NIIT MTS”, “Company”) has acquired 100% equity shareholding of SweetRush (the “Acquisition”). The transaction is part of NIIT MTS’ stated strategy to drive growth through investments for building new capabilities, geographic expansion and penetrating attractive customer segments. The transaction brings together SweetRush’s custom, AI-enabled, human-centered learning experience design with NIIT’s global managed learning scale. SweetRush is recognized for award-winning strategic learning interventions and custom learning solutions, including certification-oriented content and a growing talent solutions capability, while NIIT brings a comprehensive, AI-enabled Managed Learning Services platform serving Global 1000 enterprises, enabling clients to optimize learning investments with measurable outcomes. The acquisition supports NIIT MTS’ growth strategy through: • An expanded services portfolio, including strategic learning interventions, certification solutions, and talent solutions, positioned to drive wallet share expansion across enterprise, association, and not-for-profit client segments. • The opportunity to convert project-based relationships into longer-duration, annuity-like managed learning engagements, by extending NIIT’s broader Managed Learning Services platform to SweetRush’s client base. The aggregate purchase price is up to USD 26 million including earnout amount payable over the next five years based on performance of the Company. Payments are subject to customary adjustments as per terms of definitive agreements.202420242230000000202320232140000000202220221970000000USA and Costa Rica