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NIIT Learning Systems Limited Issues Corporate Guarantee for Up to EUR 15.75 Million

Strategic Insights

— 1 min read

In a corporate announcement on July 9, 2025, NIIT Learning Systems Limited informed the National Stock Exchange of India (NSE) that its Board of Directors had approved the issuance of a corporate guarantee for up to EUR 15.75 million to ICICI Bank UK PLC in connection with a term loan facility for its wholly-owned overseas subsidiary, NIIT (Ireland) Limited. On [current date], the company updated the NSE on the issuance of the corporate guarantee as part of the term loan documentation between NIIT (Ireland) Limited and ICICI Bank UK PLC. The guarantee will be valid for up to 5 years and 30 days.

Key Takeaways:

  • The NIIT Learning Systems Limited Board of Directors approved a corporate guarantee for up to EUR 15.75 million for ICICI Bank UK PLC in connection with a term loan facility.
  • The guarantee is for the benefit of NIIT (Ireland) Limited, the company's wholly-owned overseas subsidiary.
  • The guarantee is valid for up to 5 years and 30 days.
  • The terms of the guarantee are specified under the term loan documentation between NIIT (Ireland) Limited and ICICI Bank UK PLC.
  • The announcement was made in accordance with Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015.
  • The National Stock Exchange of India (NSE) was informed of the issuance of the corporate guarantee.

Statistics:

  • The corporate guarantee amount is up to EUR 15.75 million.
  • The term loan facility is valued at EUR 15 million.
  • The guarantee is valid for up to 5 years and 30 days.
  • The announcement was made on July 9, 2025, and updated on [current date].
  • The issuer of the corporate guarantee is NIIT Learning Systems Limited.

Sources:

  • Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015.
  • National Stock Exchange of India (NSE).
  • NIIT Learning Systems Limited.
  • ICICI Bank UK PLC.
  • Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015.

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