Board of NIIT gives in-principle approval for voluntary liquidation of subsidiary

Capital Market 

At meeting held on 22 August 2017

The Board of at its meeting held on 22 August 2017 has approved in-principle, the voluntary liquidation of Antilles NV, Netherlands, a wholly owned subsidiary of the Company. Upon completion of the process of voluntary liquidation of Antilles NV, there would be a potential positive impact of approx. Rs 10 crore in the financial statements of the company.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)