NIIT Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 24, 2025
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NIIT Limited has issued notice for its 42nd AGM scheduled for Wednesday, September 24, 2025, at 10:00 AM IST, to be held via video conferencing. Key items on the agenda include adoption of audited standalone and consolidated financial statements for FY ended March 31, 2025, re-appointment of Mr. Vijay Kumar Thadani and Mr. Sapnesh Kumar Lalla (both retiring by rotation), and declaration of dividend for FY25. Special business items cover ratification of cost auditor remuneration (Rs. 1,10,000), appointment of M/s. PI & Associates as Secretarial Auditors for a five-year term (FY 2025-26 to FY 2029-30), re-appointment of Ms. Avani Vishal Davda as Independent Director for a second term of five years from June 5, 2026, re-designation of Mr. Parappil Rajendran from Joint Managing Director to Non-Executive Non-Independent Director effective October 1, 2025, and approval of remuneration framework for non-executive directors (up to 1% of net profits or Rs. 24 lakhs per director in case of inadequate profits). The Annual Report 2024-25 and AGM notice are being sent electronically to all members.
This is primarily a procedural AGM notice, but shareholders should note key dates: September 4, 2025 is the record date for dividend entitlement, September 17, 2025 is the cut-off date for voting eligibility, and e-voting runs September 19-23, 2025. The re-designation of Mr. Parappil Rajendran from Joint Managing Director to Non-Executive Director effective October 1, 2025 represents a leadership transition that shareholders are being asked to approve. Dividend receipt is subject to AGM approval, and TDS will apply as per applicable rates.