NIIT Limited has granted a total of 1,064,000 stock options to eligible employees under its Employee Stock Option Plan 2005 ('ESOP 2005') on August 1, 2026. These options are convertible into an equal number of equity shares of the company upon exercise after vesting.

The grant consists of five separate allocations with different terms:

Grant No. 47:

  • Number of Options: 741,000
  • Exercise Price: ₹95.76 per option (based on closing market price of equity shares at NSE on July 31, 2026, which had the highest trading volume)
  • Vesting Terms: Three equal annual vests at the end of first, second, and third year from date of grant
  • Exercise Period: Five years from date of each vest

Grant No. 48:

  • Number of Options: 15,000
  • Exercise Price: ₹95.76 per option (same pricing basis as Grant 47)
  • Vesting Terms: One vest at the end of first year from date of grant
  • Exercise Period: Five years from date of vest

Grant No. 49:

  • Number of Options: 50,000
  • Exercise Price: ₹95.76 per option (same pricing basis)
  • Vesting Terms: One vest at the end of second year from date of grant
  • Exercise Period: Five years from date of vest

Grant No. 50:

  • Number of Options: 115,000
  • Exercise Price: ₹95.76 per option (same pricing basis)
  • Vesting Terms: One vest at the end of three years from date of grant
  • Exercise Period: Five years from date of vest

Grant No. 51:

  • Number of Options: 143,000
  • Exercise Price: ₹2 per option (Face Value)
  • Vesting Terms: Three equal annual vests at the end of first, second, and third year from date of grant, with performance-linked conditions
  • Exercise Period: Five years from date of vest

The disclosure was signed by Arpita Bisaria Malhotra, Company Secretary & Compliance Officer, and submitted to both National Stock Exchange of India Limited and BSE Limited for information and records.