NIIT Limited , a global skills and talent development corporation, has announced a significant change in its leadership structure. Mr. Parappil Rajendran, a long-standing member of the company's core team, has been re-designated from Joint Managing Director to Non-Executive Non-Independent Director, effective October 1, 2025.

Leadership Transition

The transition, approved by the Board of Directors on July 1, 2025, and subsequently by shareholders at the Annual General Meeting on September 24, 2025, marks the end of Rajendran's tenure as an Executive Director and Key Managerial Personnel as of September 30, 2025. This move represents a shift in Rajendran's role within the company he has been associated with since its inception in 1981.

Rajendran's Profile and Contributions

Parappil Rajendran, an alumnus of the Indian Institute of Technology Delhi with a degree in Electrical Engineering, has been instrumental in NIIT's growth and global standing. His career journey includes:

• Eight years at KELTRON, a Kerala government startup, where he gained experience in marketing, product management, and electronic automation.
• Serving on the Board of Management of the not-for-profit NIIT University in Neemrana, Rajasthan.
• Active engagement with the NIIT Foundation, focusing on skilling and livelihood needs of underserved youth.

Industry Recognition and Achievements

Rajendran's contributions extend beyond NIIT:

• A decade-long association with the Confederation of Indian Industry (CII), contributing to IT, Human Resources, and Higher Education committees.
• Eight years of service on the Central Board of Trustees of the Employees Provident Fund.
• Life membership of the Institute of Electrical & Electronics Engineers, USA.
• Recipient of the "Outstanding Contribution to National Development – Corporate Excellence" Award from the IIT-Delhi Alumni Association in 2020.

Regulatory Compliance

In compliance with SEBI regulations, NIIT Limited has confirmed that Rajendran is not debarred from holding the office of Director by any SEBI order or other authority. The company has also announced the closure of the trading window for designated persons from October 1, 2025, until 48 hours after the declaration of the unaudited financial results for the quarter and half-year ending September 30, 2025.

This leadership transition at NIIT Limited reflects the company's evolution and its commitment to corporate governance practices. As Rajendran moves into his new non-executive role, his extensive experience and industry insights are expected to continue benefiting the organization in its future endeavors.

NIIT Limited has made a strategic move in the education technology sector by acquiring a majority stake in iamneo Edutech Private Limited. The company announced the completion of its acquisition of 70% equity shareholding in iamneo Edutech for up to Rs 613.00 million on April 17, 2025, following board approval.

Acquisition Details

• NIIT has acquired 70% equity in iamneo Edutech for up to Rs 613.00 million
• The transaction was completed on April 17, 2025
• NIIT plans to acquire the remaining 30% stake from promoters over the next five years
• The deal was structured as cash consideration and does not involve related party transactions

About iamneo Edutech

iamneo Edutech is a provider of AI-powered deep skilling technology training solutions through a SaaS platform. The company caters to both universities and corporates, offering innovative learning solutions. For the fiscal year 2024-25, iamneo Edutech reported revenue of approximately Rs 276.00 million.

Strategic Implications

This acquisition is set to bolster NIIT's capabilities in delivering comprehensive learning solutions for undergraduates and early career professionals. The integration of iamneo Edutech's offerings will enable NIIT to provide:

• Industry-relevant technology courses
• Automated labs
• Assessments
• Placement management services for universities
• Talent onboarding and upskilling programs for corporates

Market Impact

The acquisition of iamneo Edutech positions NIIT to strengthen its foothold in the rapidly evolving edtech landscape. By incorporating AI-powered deep skilling technology, NIIT aims to enhance its service offerings and address the growing demand for advanced learning solutions in both academic and corporate sectors.

This strategic move aligns with the increasing focus on technology-driven education and skill development, particularly in preparing students and professionals for the evolving job market.

As NIIT moves forward with its plans to acquire the remaining 30% stake over the next five years, the company demonstrates its long-term commitment to fully integrating iamneo Edutech's capabilities into its portfolio.