NIIT Limited has informed the Exchange about change in Management
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NIIT Limited has informed the stock exchanges about three management changes pursuant to Regulation 30 of SEBI Listing Regulations. Mr. Parappil Rajendran (DIN: 00042532), currently Joint Managing Director, will be appointed as Non-Executive Non-Independent Director of the company, liable to retire by rotation, with effect from October 1, 2025, subject to shareholder approval. Ms. Avani Vishal Davda (DIN: 07504739) will be re-appointed as Independent Director for a second term of five years commencing from June 5, 2026 to June 4, 2031, subject to shareholder approval. Mr. Harsh Kundra has been appointed as a senior management person of the company with effect from July 1, 2025. The details of the appointees have been disclosed in Annexure I of the intimation.
The transition of the Joint Managing Director to a non-executive role suggests a strategic shift in leadership structure, while the re-appointment of the Independent Director for a second term provides continuity in board oversight. Shareholders will be required to approve these appointments at the upcoming general meeting.