NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company4d ago · 16 Oct 2026, 10:57 am

Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

NIIT Limited · NIITLTD

✦ AI SummaryLitigation

NIIT Limited has informed the Exchange about the pendency of a litigation/dispute filed by the Deputy Commissioner of Income Tax, Central Circle-20, Delhi, against the Company before the Income Tax Appellate Tribunal, New Delhi for Assessment Year 2018-19. The Company has already been in favour of the Company w.r.t. disallowance of expenditure incurred in relation to exempt income under Section 14A of the Income-tax Act, 1961, read with Rule 8D of the Income-tax Rules, 1962. The Income Tax Department has filed an appeal challenging the order passed by the Commissioner of Income Tax (Appeals). The tax effect on the above matter amounts to INR 1.72 crores.

Analysis Scores

Earnings Impact5/10
Growth Catalyst1/10
Governance Concern2/10
Regulatory Risk8/10
Balance Sheet Risk4/10
Liquidity Impact6/10
Market Sentiment5/10

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NIIT Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

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NIITLTD_16102026105712_SEIntimation_16102026.pdf

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October 16, 2026 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: Disclosure of Events/ Information 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 you that Deputy Commissioner of Income Tax, Central Circle-20, Delhi, Jhandewalan Extn. has filed an appeal against the Company before the Income Tax Appellate Tribunal, New Delhi for Assessment Year 2018-19. Copy of the same was received by the Company on October 15, 2026. The details required in terms of Regulation 30 read with Schedule III of the Listing Regulations and SEBI Circulars issued in this regard, are given in Annexure A. You are requested to take note of the same and inform your members accordingly. Thanking you, Yours truly, For NIIT Limited Arpita Bisaria Malhotra Company Secretary & Compliance Officer Annexure-A P articulars Details Name(s) of the opposing party, Deputy Commissioner of Income Tax, Central Circle-20, court/ tribunal/agency where Delhi, Jhandewalan Extn. has filed an appeal against the litigation is filed Company before the Income Tax Appellate Tribunal, New Delhi for Assessment Year 2018-19. Brief details of dispute/litigation The Ld. Commissioner of Income Tax (Appeals) has already decided the matter in favour of the company w.r.t. disallowance of expenditure incurred in relation to exempt income under Section 14A of the Income-tax Act, 1961, read with Rule 8D of the Income-tax Rules, 1962. Now, the Income Tax Department has filed an appeal before the Income Tax Appellate Tribunal challenging the order passed by the Commissioner of Income Tax (Appeals). Expected financial implications, if The tax effect on the above matter amount to INR 1.72 any, due to compensation, penalty crores. The Company does not envisage any adverse impact on financial, operations or other activities of the Company. Quantum of claims, if any N.A.