NIIT Limited has informed the Exchange regarding Allotment of 64666 Shares.
NIITLTD · price
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NIIT Limited has allotted 64,666 equity shares of Rs. 2 each under its Employee Stock Option Plan (ESOP-2005). The allotment was approved by the Share Allotment Committee on June 6, 2025. The company will apply to the stock exchanges for listing and trading approval of these newly issued shares. This is a routine employee stock option exercise, not a fresh capital raise from the market.
Minor dilution due to new share issuance from ESOPs. No material impact on shareholders as this is part of an existing employee compensation plan. The share count increase is small relative to NIIT's overall share base.