NIITLTDNSENIIT Limited· Computers - SoftwareLowNeutral
Announced Tue, 13 May · 14:05 IST

NIIT Limited has informed the Exchange regarding Appointment of M/s. PI & Associates as Secretarial Auditor of the company.

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NIITLTD · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

NIIT Limited has informed stock exchanges that its Board of Directors approved the appointment of M/s. PI & Associates, a Peer Reviewed firm of Company Secretaries based in New Delhi, as the Secretarial Auditor of the company. The appointment is for an initial term of five consecutive financial years, from FY 2025-26 to FY 2029-30. This appointment is subject to shareholder approval at the upcoming Annual General Meeting. The disclosure was made under SEBI Listing Regulations, and the Board meeting was held on May 13, 2025.

Likely market impact

This is a routine regulatory compliance matter and is unlikely to have any material impact on the stock price or shareholders. It strengthens corporate governance by bringing in a peer-reviewed firm for secretarial audit over the next five years.