NIITLTDNSENIIT Limited· Computers - SoftwareHighPositive
Announced Fri, 22 Aug · 16:49 IST

NIIT Limited has informed the Exchange that Record date for the purpose of Dividend is 04-Sep-2025.

Corporate Actions View source PDF

NIITLTD · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

NIIT Limited has fixed September 4, 2025 as the record date to identify shareholders eligible for the FY2024-25 dividend. The Board had earlier recommended Rs. 1 per equity share, subject to shareholder approval. The 42nd Annual General Meeting will be held on September 24, 2025 at 10:00 AM through video conferencing. Dividend payment will be made within 30 days of AGM approval, and applicable taxes will be withheld as per the Income Tax Act.

Likely market impact

Shareholders who hold NIIT shares by September 4, 2025 will be entitled to the Rs. 1 per share dividend once approved at the AGM. The dividend amount is modest and is unlikely to drive significant stock price movement; the announcement is largely a procedural update ahead of the AGM.