NIIT LTD. - Updates on Outcome of Board Meeting

NIIT Ltd has informed BSE that the Company has received a letter dated January 19, 2017 from M/s. AKM Systems Private Limited (AKM Systems") holding 3,846,962 equity shares constituting 2.32% of total paid up share capital, requesting for its reclassification from the category of Promoter/Promoter Group to "Public" category.<BR><BR>The Board of Directors has considered the said request at its meeting held on January 20, 2017 and approved the same, subject to compliance with other regulatory formalities and requirements.