NIIT LTD.

NIIT Ltd has announced that its Board of Directors will convene on October 27, 2026. The primary agenda item for this meeting is the consideration and approval of the Unaudited Financial Results for the quarter and half-year ended September 30, 2026. Both consolidated and standalone financial statements will be reviewed. The meeting will also address any other business as permitted by the Chair.

NIIT Ltd has disclosed that the Deputy Commissioner of Income Tax has filed an appeal against the company before the Income Tax Appellate Tribunal, New Delhi, for Assessment Year 2018-19. The appeal challenges the order of the Commissioner of Income Tax (Appeals), which had ruled in favor of NIIT regarding the disallowance of expenditure incurred in relation to exempt income under Section 14A of the Income-tax Act, 1961. The tax effect of this matter amounts to INR 1.72 crores. NIIT Ltd stated that it does not anticipate any adverse impact on its financial, operational, or other activities due to this appeal.

NIIT Limited has announced the appointment of Anish Sarkar as its new Chief Executive Officer, effective October 14, 2026. Sarkar, an experienced leader in technology, digital services, and human capital consulting, succeeds Pankaj Jathar. His appointment is expected to drive NIIT's next phase of growth, strengthen its offerings, and advance its AI-led learning initiatives. Sarkar's prior roles include leadership positions at Pluxee (formerly Sodexo BRS) and Mercer India, where he focused on revenue growth and strategic acquisitions. He is an alumnus of IIT Kharagpur and IIM Calcutta.

NIIT Ltd announced the appointment of two Senior Management Personnel, Mr. Bimaljeet Singh Bhasin and Mr. Prasad Balakrishnan, effective October 14, 2026. The appointments were approved by the Board of Directors following a recommendation from the Nomination and Remuneration Committee. Mr. Bhasin brings over 25 years of experience in building and scaling businesses in the technology and talent sectors, with a focus on M&A integration. Mr. Balakrishnan has over 30 years of experience in the IT industry, with expertise in business development, talent management, and P&L responsibilities. Both individuals are expected to contribute to NIIT's strategic growth initiatives.

NIIT Limited announced a change in leadership following a Board of Directors meeting on October 14, 2026. Mr. Pankaj Prabhakar Jathar has resigned as Chief Executive Officer to pursue other interests, with his cessation effective October 14, 2026, and relieved from services by close of business hours on October 22, 2026. Concurrently, the Board approved the appointment of Mr. Anish Kumar Sarkar as the new CEO and Key Managerial Personnel, effective October 14, 2026. Mr. Sarkar brings over two decades of experience in business building, transformation, and M&A, having previously held leadership roles at Pluxee (formerly Sodexo BRS) and Mercer India.

NIIT Ltd announced the resignation of its CEO, Mr. Pankaj Prabhakar Jathar, effective October 14, 2026, as he seeks to pursue other interests. He will be relieved from his services by the close of business hours on October 22, 2026. Concurrently, the Board of Directors approved the appointment of Mr. Anish Kumar Sarkar as the new Chief Executive Officer and Key Managerial Personnel, also effective October 14, 2026. Mr. Sarkar brings over two decades of experience in business building, transformation, and M&A-led growth from his previous roles at Pluxee (formerly Sodexo BRS) and Mercer India.

NIIT Limited has announced the elevation of Dr. Vishnupriya Raghavan to Senior Vice President & Business Head - Technology Learning Solutions, NIIT Enterprise. In her new role, Dr. Raghavan will spearhead initiatives focused on enhancing digital fluency, workforce capability, and enterprise transformation, particularly in the context of AI-led workforce evolution. She will lead the Technology Learning Solutions business for NIIT Enterprise, aiming to strengthen the company's position as a strategic partner for enterprises navigating technological shifts. The focus will be on developing future-ready technology capabilities, improving workforce productivity, and driving business outcomes at scale. This move underscores NIIT's commitment to addressing the rapidly changing technology landscape and equipping enterprises with AI-ready talent.

NIIT Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will be shut for all Designated Persons and their immediate relatives starting from October 1, 2026. It will remain closed until 48 hours after the declaration of the company's Unaudited Financial Results for the quarter and half-year ending September 30, 2026. The specific date for the Board Meeting to approve these financial results will be communicated separately.

NIIT Limited has launched five new professional programs under NIIT Digital, expanding its AI learning portfolio to address the growing demand for AI-skilled professionals. These industry-aligned programs cover AI Native Engineering, AI-powered full-stack development, data analytics and machine learning, and AI-enabled digital marketing. The launch is driven by insights from NIIT's India Skills Gap Report 2026, which indicates a significant reshaping of workforce roles due to AI and a growing employer preference for applied AI capabilities. The programs emphasize practical skills in Generative AI, LLMs, and intelligent automation, delivered through a flexible online platform with mentor-led sessions and hands-on projects.

NIIT Ltd has announced the resignation of Mr. Harsh Kundra, Senior Vice President - Technology, a Senior Management Person, effective August 26, 2026. The resignation is to pursue a new opportunity. The company has provided details as required by SEBI (LODR) Regulations 2015. Mr. Kundra expressed gratitude for his time at NIIT and assured a smooth transition and knowledge transfer.