NIIT acquire 47.87% stake in Evolv

Thebullishtrends: NIIT share price closed today at Rs.135.45(0.48%). NIIT Ltd has BSE that on January 15, 2008, the Company has signed the Share Purchase Cum Subscription Agreement to acquire 47.87% of share capital in Evolv ManagementServices Pvt Ltd ("Evolv"). Further, Evolv has also become the subsidiary of the Company.Evolv is a Noida based Company engaged in the business of providing training in english language and communication skills.