NIIT Ltd (BOM:500304)
₹ 181.9 -3.6 (-1.94%) Market Cap: 24.65 Bil Enterprise Value: 17.12 Bil PE Ratio: 55.12 PB Ratio: 2.35 GF Score: 64/100

NIIT Ltd Acquires St. Charles Consulting Group Call Transcript

Nov 10, 2022 / 04:30AM GMT
Release Date Price: ₹301.65 (-3.19%)
Vijay Kumar Thadani
NIIT Limited - Co-Founder, MD & Executive Vice Chairman

Okay. Thank you very much for joining this call this morning, which have been organized at a short notice, but there was tremendous interest in the investor community on the latest acquisition that we have made of St. Charles Consulting Group. There were certain clarifications that we wanted to give as well and answer questions and also explain the transaction much more in detail.

This meeting is being recorded because it has to become a part of transcript as per the regulations. And to that extent, we would also have the transcript available at the end of the meeting, and it will be updated on the website.

So without further ado, I would hand you over to Sapnesh Lalla, who will take us through the whole -- a short slide presentation, which explains the rationale of the deal, as to how we are going about it and the whole earn-out structure.

So with that, over to you, Sapnesh.

Sapnesh Kumar Lalla
NIIT Limited - CEO & Executive Director

Thanks,

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