NIIT Limited has informed the Exchange regarding allotment of 126668 securities pursuant to ESOP/ESPS at its meeting held on May 21, 2026
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NIIT Limited's Share Allotment Committee has allotted 126,668 equity shares of Rs. 2/- each to employees under the ESOP-2005 scheme. The allotment was approved on May 21, 2026. The company is in the process of completing listing formalities and will file a listing application with BSE and NSE shortly for seeking trading approval. This is a routine corporate action for employee compensation through stock options.
The allotment represents a minor dilution of equity as 126,668 shares are issued to employees under ESOP. No immediate significant impact on stock price expected as this is a standard employee benefit exercise.