NIIT Learning Systems Ltd

NIIT Learning Systems Limited: Trading window closed from October 1, 2026 till 48 hours after the declaration of Unaudited Financial Results of the Company for the quarter and half year ending September 30, 2026.

Meeting Details

• Date: September 29, 2026; Time: 5:00 PM–6:00 PM.
• Meeting type: Group meeting.
• Mode: Virtual conference.
• Event organizer: Bharat Connect Conference—Rising Stars 2026 by Arihant Capital.

Participants

• Executive Director & Chief Executive Officer.
• Head of M&A and Investor Relations.

Purpose

• Purpose: Investor/analyst interaction during the Bharat Connect conference.

Availability

• Presentation will be available on the company's website.

Recognition

• NIIT Learning Systems named to Training Industry's 2026 Top 20 Experiential Learning Technologies Companies for sixth consecutive year.
• Selection based on features, analytics, market presence, client portfolio, and growth trajectory.

Key Update

• Share Allotment Committee allotted 158,668 equity shares of Rs 2 each under ESOP 2023-0 on Sept 18, 2026.
• Listing formalities underway; listing application to be filed with exchange.

Meeting Details

• Date and time: Sept 22, 2026, 10:00 AM–1:00 PM.
• Meeting type and mode: One-on-one and group meetings; In-person.
• Location: In-person Mumbai.
• Event/Organizer: Anand Rathi G-200 Summit 2026.

Participants

• Executive Director & Chief Executive Officer
• Head, M&A & Investor Relations

Purpose

• Purpose: Investor/analyst interaction at summit.

Additional Notes

• Presentation available on company website.
• Schedule subject to change.

Meeting Details

• Date and venue: September 10, 2026, Mumbai; in-person investor day.
• Meeting type and mode: group, in-person investor day for analysts/institutional investors.
• Organizer: NIIT Learning Investor Day; focus on AI-ready L&D enterprise.
• Key company participant: CEO and Executive Director, NIIT Learning.
• Purpose: present AI-enabled L&D strategy and growth outlook.
• Recordings/presentations: presentation to be posted on NIITmts.com.

Business overview

• NIIT Learning provides AI-enabled L&D and capability-building globally.
• Operations span 40+ countries with a large trainer network and annuity clients.
• Vision 2032 targets revenue $600m and EBITDA margin >20%.

Operational highlights

• AI-native platforms, simulations, and coaching deployed with multiple clients.
• Six enterprise rollouts in the last 12 months.
• FY26: 21 new annuity clients; Q1 FY27: 3 new annuity clients.
• Net cash Rs 7,364m as of June 30, 2026.
• 2,496 employees, up 106 YoY.

Financial and liquidity

• Revenue visibility from existing clients stands at $462m; 113 annuity customers.
• Balance sheet capacity to invest within a disciplined framework.
• Net cash position supports growth investments.

Strategic priorities & outlook

• Investing in AI-native architecture, simulations, and learning ecosystem.
• Geographic expansion and new market segments.
• Three investment focus areas: technology, people, inorganic expansion.
• Vision 2032 targets sustained AI-enabled growth and a revenue target.

Risks

• Risks include competition, pricing pressure, client concentration, FX, and regulatory changes.

Governance & leadership

• CEO Sapnesh Lalla leads investor day presentation.
• Company Secretary & Compliance Officer Deepak Bansal.

AGM Details

• AGM held Sep 9, 2026 at 12:30 PM IST via VC/OAVM.
• Voting rights cut-off date: Sep 2, 2026.
• Notice dated Jun 17, 2026.

Key Resolutions

• Resolution 1: Adoption of standalone and consolidated financial statements.
• Resolution 2: Dividend on equity shares for FY2025-26.
• Resolution 3: Re-appointment of Rajendra Singh Pawar as director.
• Resolution 4: Re-appointment of Vijay Kumar Thadani as director.
• Resolution 5: Ratification of Cost Auditors remuneration for FY2025-26.
• Resolution 6: Continuation of Rajendra Pawar as director beyond age 75.
• Resolution 7: Remuneration for Vijay Kumar Thadani for remaining tenure.
• Resolution 8: Remuneration for Sapnesh Kumar Lalla for remaining tenure.
• Resolution 9: Remuneration to Non-Executive Directors for remaining tenure.

Voting Results

• All resolutions passed with requisite majority.
• Ordinary resolutions largely >99% in favour; Special resolutions ~99.8–99.99%.
• No invalid votes reported.

Dividend

• Dividend declared on equity shares for FY2025-26.

Directors & Management

• Rajendra Singh Pawar continues as Non-Executive Chairman; continuation beyond age 75.
• Vijay Kumar Thadani retained as Vice-Chairman & MD; remuneration approved for remaining tenure.
• Sapnesh Kumar Lalla remains CEO; remuneration approved for remaining tenure.
• Remuneration to Non-Executive Directors approved for remaining tenure.

Auditors & Related Parties

• Cost Auditors remuneration for FY2025-26 ratified.

Related Party Transactions

• No material related party transactions disclosed.

Other Material Approvals

• Continuation of directorship and remuneration approvals.

AGM Details

• Date/time: 9 Sep 2026 at 12:30 P.M. IST; mode: VC/OAVM.
• Remote e-voting window: Sep 4–8, 2026, 9:00 AM to 5:00 PM IST.
• Meeting concluded at 13:50 IST.
• Quorum confirmed; proceedings conducted via VC/OAVM.
• Auditors' and secretarial reports contained no qualification, reservation, or adverse remarks.
• Scrutinizer conducted remote e-voting and AGM voting.

Key Resolutions

• Resolution 1 (Ordinary): Adoption of audited standalone and consolidated financial statements for year ended Mar 31, 2026.
• Resolution 2 (Ordinary): Declaration of dividend on equity shares for FY 2025-26.
• Resolution 3 (Ordinary): Re-appointment of Rajendra Singh Pawar by rotation.
• Resolution 4 (Ordinary): Re-appointment of Vijay Kumar Thadani by rotation.
• Resolution 5 (Ordinary): Ratification of remuneration of Cost Auditors for FY 2025-26.
• Resolution 6 (Special): Continuation of directorship of Rajendra Singh Pawar aged 75+.
• Resolution 7 (Special): Remuneration to Vijay Kumar Thadani for remaining tenure in absence of profits.
• Resolution 8 (Special): Remuneration to Sapnesh Kumar Lalla for remaining tenure in absence of profits.
• Resolution 9 (Ordinary): Remuneration to Non-Executive Directors for remaining tenure in absence of profits.

Other Details

• Statutory and Secretarial audit reports contained no qualification, reservation, or adverse remark.
• Remote e-voting facility provided by NSDL.
• Voting results and Scrutinizer's report to be submitted to stock exchanges and published on the company website.
• Attendees included directors, senior officials, and statutory auditors.

Dissolution of MST Shanghai Co. Limited

• MST Holding GmbH, a WoS of NIIT, will dissolve MST Shanghai Co. Limited effective Aug 31, 2026.

Context and corporate structure

• MST Shanghai became a step-down WoS after acquisition by NIIT (Ireland) Limited on July 9, 2025.

Regulatory and procedural

• Dissolution is subject to regulatory approvals and customary statutory procedures.

Operational impact

• No material impact on operations or financial statements is expected.

Shareholding impact

• Dissolution will not change shareholding pattern of other NIIT subsidiaries.