NIIT Ltd. — Regulatory Filings 2021

Jul 1, 2021

NIIT Limited

85, Sector-32, Institutional Gurgaon 122001, India Tel: +91 (124) 4293000 Fax: +91 (124) 4293333 Email: info@niit.com

Registered Office: 8, Balaji Estate, First Floor Guru Ravi das Marg, Kalkaji New Delhi 110 019, India CIN: L74899DL1981PLC015865

www.niit.com

July 1, 2021

The Manager BSE Limited

Corporate Relationship Department, 1 st Floor, New Trading Ring, Rotunda Building Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400 001

The Manager National Stock Exchange of India Limited Listing Department Exchange Plaza 5 th Floor, Plot no C/1, G Block Bandra Kurla Complex Bandra (E),Mumbai – 400 051

Subject: Disclosure of Related Party Transactions pursuant to Regulation 23(9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 ("Listing Regulations") Scrip Code: BSE – 500304; NSE – NIITLTD

Dear Sir/Madam,

Pursuant to Regulation 23(9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 ("Listing Regulations"), please find enclosed herewith the Related Party Transactions on Consolidated basis, for the year ended March 31, 2021 for which audited annual financial statements/results were approved by the Board on June 4, 2021 and submitted earlier with the stock exchanges.

This is for your information and records.

Kindly acknowledge the receipt

Thanking You

Your's truly, For NIIT Limited

Deepak Bansal Company Secretary & Compliance Officer

DISCLOSURE OF RELATED PARTY TRANSACTIONS - ON CONSOLIDATED BASIS

In Pursuance with Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) (Amendments) Regulations, 2018

Related parties with whom the Group has transacted:

Key Management Personnel

Mr. Rajendra S Pawar (Chairman) Mr. Vijay K Thadani (Vice-Chairman & Managing Director) Mr. P Rajendran (Joint Managing Director) Mr. Sapnesh Kumar Lalla (Chief Executive Officer) Mr. Anand Sudarshan (Non Executive Director) Mr. Ashish Kashyap (Non Executive Director) Ms. Geeta Mathur (Non Executive Director) Mr. Ravinder Singh (Non Executive Director) Mr. Sanjay Mal (Chief Financial Officer-w.e.f. June 05, 2020) Mr. Amit Roy (Chief Financial Officer -Till June 04, 2020) Relatives of Key Management Personnel Ms. Renuka Thadani (Wife of Vijay K Thadani) Parties in which the Key Management Personnel of the Holding Company are interested NIIT Institute of Information Technology

NIIT University

NIIT Foundation

NIIT Network Services Limited

Naya Bazaar Novelties Private Limited

(A) Key management personnel compensation for the year ended March 31, 2021

Particulars	Rs. Millions
Short-term employee benefits	26.93
Post-employment benefits	1.22
Share based payment	14.91
Commission, Sitting fees and Others paid to NonExecutive Directors	15.32
Total compensation	58.38

(B) Details of consolidated transactions with related parties for the year ended March 31, 2021, Transactions and balances with subsidiaries are eliminated on consolidation :

(Amount in Rs. Millions)
Nature of Transactions	KeyManagementPersonnel	Relatives ofKeyManagementPersonnel	Parties in whichKey ManagementPersonnel of theCompany areinterested	Total
Other Income	-	-	0.75	0.75
Purchase of Goods	-	-	0.27	0.27
Purchase of Services
Other Expenses (CSR Expenses)	-	-	3.10	3.10
Other Services (Included in Other Expenses)	-	0.98	6.99	7.97
Professional Technical & Outsourcing Services	-	-	13.55	13.55
Recovery of Expenses By
Other Expenses	0.12	-	-	0.12
Recovery of Expenses From	-
Other Expenses	-	-	1.94	1.94
Donation Paid	-	-	10.00	10.00
Sale of Courseware	-	-	2.09	2.09

(C) Outstanding Balances as on March 31, 2021

Nature of Transactions	KeyManagementPersonnel	Relatives ofKeyManagementPersonnel	Parties in whichKey ManagementPersonnel of theCompany areinterested	Total
Trade Receivables	-	-	2.09	2.09
Trade Payables	-	-	0.31	0.31
Other Receivables	0.48	-	-	0.48
Other Payables	8.27	-	-	8.27