NIIT re-appoints Ravindra Babu Garikipati as Independent Director for 5 years

NIIT Limited has approved the re-appointment of Ravindra Babu Garikipati as an Independent Director for a second term of five years, effective from November 11, 2026. The decision, taken by the Board of Directors on June 16, 2026, follows the recommendation of the Nomination & Remuneration Committee. The appointment is subject to the approval of the shareholders.

The disclosure was made to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015. The company confirmed that Garikipati is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other authority.

Profile of the Director

Mr. Ravindra Babu Garikipati is a senior technology executive, entrepreneur, and board director with more than 35 years of experience building and scaling technology-led businesses across India and Silicon Valley. He currently serves as a Board Member for Axis Asset Management Company, IndusInd Bank Limited, NIIT Learning Systems Limited, and RPS Consulting Private Limited. Additionally, he is a Strategic Advisor to ICICI Lombard and a Founding Advisor at Optra.

His executive track record includes serving as the CTO of Flipkart, President and CTO of 247.ai, and VP of Engineering at Andale (an Alibaba company). He also founded and served as CEO of Davinta, a fintech startup focused on financial inclusion.

Appointment Details

Particulars	Details
Name of Director	Mr. Ravindra Babu Garikipati
Reason for Change	Re-appointment as Independent Director for second term
Date of Appointment	November 11, 2026
Term of Appointment	5 years

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.10%	+5.52%	+62.45%	+17.32%	-22.25%	+68.70%

Rajendra Singh Pawar, promoter of NIIT Limited , has declared that neither he nor the promoter group or persons acting in concert (PAC) have encumbered any shares of the company during the financial year 2025-26. The disclosure confirms that no shares were pledged directly or indirectly by the promoter group during this period.

The declaration was submitted to the stock exchanges pursuant to Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The communication was addressed to BSE Limited and the National Stock Exchange of India Limited.

Declaration Details

The confirmation from the promoter covers the entire financial year 2025-26. It explicitly states that no encumbrance was created on shares held by the promoter, the promoter group, or any persons acting in concert with them.