NIIT Limited has informed the Exchange regarding Allotment of 11166 Shares.
NIITLTD · price
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Awaiting price reaction for this filing.
NIIT Limited has allotted 11,166 equity shares of face value Rs. 2 each to employees under the company's Employee Stock Option Plan (ESOP-2005). The allotment was approved by the Share Allotment Committee on May 7, 2025. The company will now file a listing application with the stock exchanges to get these shares listed and approved for trading. This is a routine employee stock option exercise, not a fresh capital raise from the market.
Minor dilution for existing shareholders due to a small number of new shares issued under the employee stock option plan. Negligible impact on share price or shareholder value as the quantity is very small.