NIIT Limited Allots 6,668 Equity Shares Under ESOP

NIIT Limited has announced the allotment of equity shares under its Employee Stock Option Plan - 2005 (ESOP-2005). The Share Allotment Committee of the company on April 29, 2026, has allotted 6,668 equity shares of Rs. 2/- each in accordance with the terms of ESOP-2005.

The company has informed both BSE Limited and National Stock Exchange of India Limited about this allotment. NIIT Limited's scrip codes are BSE – 500304 and NSE – NIITLTD.

Key Details of the Allotment

Particulars Details Date of Allotment April 29, 2026 Number of Shares 6,668 equity shares Face Value Rs. 2/- each Plan ESOP-2005

The company is currently in the process of completing the other formalities with respect to the listing of the said shares. NIIT Limited will file a listing application along with requisite documents with the exchange shortly for seeking listing & trading approval.

The intimation was signed by Arpita Bisaria Malhotra, Company Secretary & Compliance Officer of NIIT Limited. The company's registered office is located at Plot No 85, Sector 32, Institutional Area, Gurugram 122 001, Haryana, India.

NIIT Limited has formally notified stock exchanges that it does not fall under the Large Corporate category as defined by SEBI's regulatory framework for debt securities issuance. The niit submitted its mandatory disclosure to BSE and NSE on April 10, 2026, confirming its status as of March 31, 2026.

Regulatory Compliance Disclosure

The disclosure was made in compliance with SEBI Circular No. SEBIHO/DDHS/CIRIP/2018/144 dated November 26, 2018, which pertains to fund raising by issuance of debt securities by large entities. Companies are required to assess and disclose their status under this framework to ensure regulatory compliance.

Financial Position Details

As part of the mandatory disclosure format, NIIT Limited provided key financial information demonstrating its non-Large Corporate status:

Particulars: Details Company Name: NIIT Limited CIN: L74899HR1981PLC107123 Outstanding Borrowings (March 31, 2026): NIL Credit Rating: Not Applicable Stock Exchange for Fine Payment: Not Applicable

The company explicitly confirmed zero outstanding borrowings as of March 31, 2026, which is a key factor in determining Large Corporate status under the SEBI framework.

Official Authorization

The disclosure was jointly signed by two key executives of NIIT Limited. Arpita Bisaria Malhotra, Company Secretary and Compliance Officer, and Sanjeev Bansal, Chief Financial Officer, both digitally signed the documents on April 10, 2026. Their signatures authenticate the company's confirmation that it does not meet the Large Corporate criteria established under the SEBI circular.

Regulatory Framework Context

The SEBI framework for Large Corporates was established to ensure that entities with significant borrowing capacity utilize debt securities markets appropriately. Companies falling under this category face specific compliance requirements and potential penalties for non-compliance. NIIT's disclosure confirms it remains outside this regulatory scope, indicating a relatively conservative debt profile and financial structure.

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