NIIT Limited has made a regulatory disclosure pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 regarding the appointment of two Senior Management Persons.

The Board of Directors of the Company, at its meeting held on October 14, 2026 (which commenced at 03:04 p.m. and concluded at 3:47 p.m.), approved the appointments based on the recommendation of the Nomination and Remuneration Committee.

Appointment Details:

Mr. Bimaljeet Singh Bhasin

  • Appointed as Senior Management Person effective October 14, 2026
  • Brings over 25 years of experience in building and scaling businesses across technology and talent
  • Previous leadership roles at Wipro, Manipal Global Education, NIIT, and Adda Education
  • Achievements include growing Wipro's India Corporate segment revenue 4× to ₹300 Cr, scaling Manipal's BFSI business 8× in revenue and 12× in EBITDA, leading NIIT's multi-year enterprise turnaround, and building Adda Education's skilling vertical from scratch
  • Education: MBA from Symbiosis, additional education from Chicago Booth and Kellogg (AI Strategies for Business Transformation)
  • Currently focused on developing deep M&A integration expertise spanning people, processes, customers, and cultural diversity

Mr. Prasad Balakrishnan

  • Appointed as Senior Management Person effective October 14, 2026
  • Over 30 years of experience in the IT industry with diverse background in technology and talent management
  • Demonstrated ability to develop new business initiatives and partnerships
  • Strong track record of continuous growth in highly competitive markets
  • Began career with RPS Technologies, managing business operations and making the organization a preferred partner for blue-chip companies and government clients
  • Expertise in people management and aligning cross-functional teams toward business objectives
  • Known for passion about numbers and market leadership with proven talent for creating vision for growth

Additional Information:

  • Disclosure of Relationship between Directors: Not Applicable
  • The disclosure was signed by Arpita Bisaria Malhotra, Company Secretary & Compliance Officer
  • Document was digitally signed and dated October 14, 2026 at 16:16:42+05'30'

No financial impact or specific monetary implications of these appointments were disclosed in the filing.