NIIT Ltd. — Regulatory Filings 2025

Feb 28, 2025

February 28, 2025

The Manager The Manager National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra (E), Mumbai - 400 051 Dalal Street, Mumbai - 400 001

Sub: Intimation pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015

Scrip Code: BSE – 500304; NSE – NIITLTD

Dear Sir/Madam,

We would like to inform that the Company has received two Goods & Services Tax (GST) Demand Orders from Additional Commissioner, Office of the Commissioner of Central Goods & Services Tax, Gurugram Commissionerate and Office of the State Tax Officer, Mumbai.

The disclosure of information pursuant to Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, read with circular No. CIR/CFD/ CMD/4/2015 dated September 9, 2015 is enclosed herewith as Annexure –A.

You are requested to take note of the same and inform your members accordingly.

Thanking you,

Yours truly, For NIIT Limited

MALHOTRABISARIA ARPITA Digitally signed by ARPITA BISARIA MALHOTRADN: C=IN, O=PERSONAL, OID.2.5.4.65=f39e9bd8c42a452cad93ff940a3d71d6, Phone=dbade62dc31eb780cb94bb15c1ef8e614a96e837f16541a932dc2631927b8420, PostalCode=122018, S=HARYANA, SERIALNUMBER=5c26c699cfa559245cd198e257744f354cc92228dbf96e2754cd60b70de7ba02, CN=ARPITA BISARIA MALHOTRAReason: I am approving this documentLocation: Date: 2025.02.28 09:10:02+05'30'Foxit PDF Reader Version: 2024.3.0 Arpita Bisaria Malhotra Company Secretary & Compliance Officer

Annexure-A

Disclosure of information pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, read with circular No. CIR/CFD/ CMD/4/2015 dated 9[th] September, 2015:

Particulars	**First Demand Order **	**Second Demand Order **
Name of the Authority	Additional Commissioner, Office of the Commissioner of Central Goods & Services Tax, Gurugram Commissionerate	Office of the State Tax Officer, Mumbai (GST)
Nature and details of the action(s) taken or order(s) passed	Demand order for an aggregate amount of Rs. 8.11 crore (which includes tax demand of Rs. 3.86 crore, interest of Rs. 3.86 crore and penalty of Rs. 0.39 crore)	Demand order for an aggregate amount of Rs. 31.74 lakhs (which includes tax demand of Rs. 11.49 lakhs, interest of Rs. 19.10 lakhs and penalty of Rs. 1.15 lakhs)
Date of receipt of direction or order, including any ad- interim or interim orders, or any other communication from the authority	February 27, 2025	February 27, 2025
Details of violation(s)/ contravention(s) committed or alleged to be committed	For Financial Year 2020-21 The disallowance is primarily on account of difference in GST credit appearing in GSTR-3B vs GSTR-2A	For Financial Year 2020-21 The disallowance is primarily on account of difference in GST credit appearing in GSTR-3B vs GSTR-2A
Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible	Based on the Company's assessment, the aforesaid demand is not maintainable. The Company is evaluating all available options, including filing an appeal against the order. The Company does not anticipate any material impact on its financials, operations, or other activities.	Based on the Company's assessment, the aforesaid demand is not maintainable. The Company is evaluating all available options, including filing an appeal against the order. The Company does not anticipate any material impact on its financials, operations, or other activities.