NIIT Ltd. — Regulatory Filings 2021

Jul 1, 2021

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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

The Manager

BSE Limited National Stock Exchange of India Limited Corporate Relationship Department, Listing Department 1[st] Floor, New Trading Ring, Exchange Plaza Rotunda Building 5[th] Floor, Plot no C/1, G Block Phiroze Jeejeebhoy Towers, Bandra Kurla Complex Dalal Street, Mumbai 400 001 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

Digitally signed by Deepak Bansal DN: c=IN, o=Personal, pseudonym=d6d405d162ef6bda3a3715 Deepak 03c01405e46dcdf1fac20802082f5e4825e 05d2d8c, postalCode=110033, st=DELHI, serialNumber=fff2c2cd651e10899edbc3d bc92c5db44be46796a9cc000c593547953 a3b6f01, cn=Deepak Bansal Bansal Date: 2021.07.01 12:12:11 +05'30'

Deepak Bansal Company Secretary & Compliance Officer

Encl: a/a

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

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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 Non
15.32
Executive Directors
Total compensation 58.38
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(B) Details of consolidated transactions with related parties for the year ended March 31, 2021, Transactions and balances with subsidiaries are eliminated on consolidation :

subsidiaries are eliminated on consolidation :
							(Amount in Rs. Millions)
Nature of Transactions	Key Management Personnel			Relatives of Key Management Personnel		Parties in which Key Management Personnel of the Company are interested			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	Key Management Personnel	Relatives of Key Management Personnel	Parties in which Key Management Personnel of the Company are interested	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