NIIT Limited 85, Sector-32, Institutional Gurugram 122001, India Tel: +91 (124) 4293000 Fax: +91 (124) 4293333 Email: [email protected]Registered Office: 8, Balaji Estate, First Floor Guru Ravi das Marg, Kalkaji New Delhi 110 019, India CIN: L74899DL1981PLC015865 www.niit.com July 13, 2021 The Manager National Stock Exchange of India Ltd Listing Department Exchange Plaza 5 th Floor, Plot no C/1, G Block Bandra Kurla Complex Bandra (E), Mumbai – 400 051 The Manager BSE Limited Corporate Relationship Department, 1 st Floor, New Trading Ring, Rotunda Building Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400 001 Subject: Notice of 38 th Annual General Meeting and Annual Report – 2020-21 Dear Sir/Madam, This is further to our letter dated July 5, 2021 informing that the 38 th Annual General Meeting (AGM) of the Members of the Company to be held through Video Conferencing (VC) / Other Audio Visual Mode (OAVM) on Thursday, August 5, 2021 at 3:30 P.M. IST to transact the business, as set out in the Notice of the AGM. In compliance with Regulation 34(1)(a) of SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015 (“Listing Regulations”), please find enclosed electronic copy of the Notice of the 38 th AGM and the Annual Report comprising inter alia Audited Financial Statements (Standalone and Consolidated) for the financial year ended March 31, 2021, the Board’s Report and the Auditors’ Report, being sent by email to those Members whose email addresses are registered with the Company/Depository Participant(s). The requirements of sending physical copy of the Notice of the AGM and Annual Report to the Members have been dispensed with vide MCA Circular/s and SEBI Circular/s. The Notice of the 38 th AGM and the Annual Report are available on the website of the Company at www.niit.com and we request you to also upload them on your website. The Company is providing facilities to the members for voting through remote e-voting, for participation in the AGM through VC / OAVM and e-voting during the AGM. National Securities Depository Ltd. (NSDL) will be providing these facilities. The procedure for e-voting and participating in the meeting through VC / OAVM is mentioned in notes of the AGM Notice.
The ManagerNational Stock Exchange of India LtdListing DepartmentExchange Plaza5th Floor, Plot no C/1, G BlockBandra Kurla ComplexBandra (E), Mumbai – 400 051
The ManagerBSE LimitedCorporate Relationship Department,1st Floor, New Trading Ring,Rotunda BuildingPhiroze Jeejeebhoy Towers,Dalal Street, Mumbai- 400 001
Subject: Notice of 38th Annual General Meeting and Annual Report – 2020-21
Dear Sir/Madam,
This is further to our letter dated July 5, 2021 informing that the 38th Annual General Meeting (AGM) ofthe Members of the Company to be held through Video Conferencing (VC) / Other Audio Visual Mode(OAVM) on Thursday, August 5, 2021 at 3:30 P.M. IST to transact the business, as set out in the Noticeof the AGM.
In compliance with Regulation 34(1)(a) of SEBI (Listing Obligation and Disclosure Requirements)Regulations 2015 (“Listing Regulations”), please find enclosed electronic copy of the Notice of the 38th
AGM and the Annual Report comprising inter alia Audited Financial Statements (Standalone andConsolidated) for the financial year ended March 31, 2021, the Board’s Report and the Auditors’ Report,being sent by email to those Members whose email addresses are registered with theCompany/Depository Participant(s). The requirements of sending physical copy of the Notice of theAGM and Annual Report to the Members have been dispensed with vide MCA Circular/s and SEBICircular/s. The Notice of the 38th AGM and the Annual Report are available on the website of theCompany at www.niit.com and we request you to also upload them on your website.
The Company is providing facilities to the members for voting through remote e-voting, for participationin the AGM through VC / OAVM and e-voting during the AGM. National Securities Depository Ltd.(NSDL) will be providing these facilities. The procedure for e-voting and participating in the meetingthrough VC / OAVM is mentioned in notes of the AGM Notice.
The shareholders of the Company, holding shares either in physical form or in dematerialized form, ason the cut-off date i.e. July 29, 2021 shall be entitled to cast their vote through remote e-voting andattend the meeting through VC/OAVM & e-voting thereat.
The remote e-voting period commences on Monday, August 2, 2021 (9:00 A.M. IST) and ends onWednesday, August 4, 2021 (5:00 P.M. IST). The remote e-voting module shall be disabled by NSDLfor voting thereafter. The remote e-voting shall also be available to member during the AGM on August5, 2021, who had not vote earlier during the remote e-voting period.
shareholder (other than investments made under FPI route)
NOTICE (Contd.)
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NOTICE (Contd.)
Notes for TDS:
for purpose of calculation of TDS on payment of the Dividend.
NOTICE (Contd.)
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VI. Instruction:
The way to vote electronically on NSDL e-Voting system consists of “Two Steps” which are mentioned below:
demat mode
Type of shareholdersA. NSDL IDeAS facility
NSDL IDeAS facility
“IDeAS”
NOTICE (Contd.)
NSDL NSDL
NSDL
Important note:
Helpdesk details
NOTICE (Contd.)
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?
CDSL) or Physical Your User ID is:
?
?
?
NOTICE (Contd.)
?
for the resolutions set out in this notice:
NOTICE (Contd.)
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Other instructions:
NOTICE (Contd.)
S. No. Particulars Details
1
4
11
14
NOTICE (Contd.)
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STATEMENT IN RESPECT OF SPECIAL BUSINESS
ITEM NO. 4
ITEM NO. 5
Period of Appointment :
Remuneration
NOTICE (Contd.)
Past remuneration
NOTICE (Contd.)
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Remuneration Proposed
Comparative remuneration
Pecuniary relationship
Other Information
ITEM NO. 6
NOTICE (Contd.)
ITEM NO. 7 ITEM NO. 8
ITEM NO. 9
NOTICE (Contd.)
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NOTICE (Contd.)
Past remuneration
Remuneration Proposed
Comparative remuneration
Pecuniary relationship
Other information
NOTICE (Contd.)
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ITEM NO. 11
NOTICE (Contd.)
Past remuneration
suitability
Remuneration Proposed
Comparative
and person (in case of
Pecuniary relationship directly or indirectly
if any.
Other Information
NOTICE (Contd.)
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ITEM NO. 12
ITEM NO. 13
NOTICE (Contd.)
NOTICE (Contd.)
41
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Parti
cula
rs/N
ame
Para
ppil
Raje
ndra
nSa
pnes
h Ku
mar
Lal
laAv
ani V
ishal
Dav
daLe
her V
ijay
Thad
ani
on th
e Bo
ard
Parti
cula
rs/N
ame
Para
ppil
Raje
ndra
nSa
pnes
h Ku
mar
Lal
laAv
ani V
ishal
Dav
daLe
her V
ijay
Thad
ani
Num
ber o
f Equ
ity S
hare
s he
ld in
the
Com
pany
Pers
onne
l
Term
s and
con
ditio
ns o
f ap
poin
tmen
t or
Dire
ctor
ship
s of o
ther
Bo
ards
as o
n M
arch
Mem
bers
hip
/ Ch
airm
ansh
ip o
f Co
mm
ittee
s of o
ther
co
mpa
nies
- -
- - -
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Parti
cula
rs/N
ame
Para
ppil
Raje
ndra
nSa
pnes
h Ku
mar
Lal
laAv
ani V
ishal
Dav
daLe
her V
ijay
Thad
ani
List o
f cor
e sk
ills/
and
thos
e ac
tual
ly av
aila
ble#
:
deve
lopm
ent i
ndus
try
Inno
vatio
n &
#
44
11 & 12:
Table A
1
4 Particulars (Amount in Rs. Million)
Financial year
Particulars (Amount in Rs. Million)
Financial year
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OTHER INFORMATION
Steps taken or proposed to be taken for improvement:
measurable terms:
Disclosures
NIIT Limited
Contd...
(Amount in Rs. Million)
Particulars Consolidated Standalone
FY FY FY FY
Total Income
Discontinued
Interests
679
of NIIT Limited
536
Business Operations
BOARD’S REPORT
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BOARD’S REPORT (Contd.)
Future Plans
Skills & Careers:
Dividend
Transfer to Reserves
the Financial Position of the Company
Share Capital
ESOP
Buyback
Consolidated Financial Statement
Directors
BOARD’S REPORT (Contd.)
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Board Evaluation
Directors’ Responsibility Statement
Secretarial Standards
Statutory Auditors
Statutory Auditors’ Report
Secretarial Auditors
Cost Accounts and Cost Auditors
BOARD’S REPORT (Contd.)
Corporate Social Responsibility (CSR)
Related Party Transactions
Internal Financial Controls
Statutory Committees
Statutory Policies/Codes
BOARD’S REPORT (Contd.)
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Nomination and Remuneration Policy
Dividend Distribution Policy
Business Responsibility Report
a)
b)
c)
d)
Particulars
BOARD’S REPORT (Contd.)
Annual Return
Public Deposits
Particulars of Employees
Human Resources
Employee Stock Options
BOARD’S REPORT (Contd.)
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S. No.
Nam
e of
the
Sub
sidi
ary
Com
pany
Cur
renc
y *
Year
end
edSh
are
Cap
ital
Rese
rves
[R
efer
Not
eTo
tal
Ass
ets
Tota
lLi
abili
ties
Turn
over
[Ref
er N
ote
(L
oss)
Be
fore
Prov
isio
n fo
r
(cre
dit)
(loss
) af
ter
Div
iden
d
Prop
osed
/
Paid
"Sh
are
1 4 11 14
S. No.
Nam
e of
the
Sub
sidi
ary
Com
pany
Cur
renc
y *
Year
end
edSh
are
Cap
ital
Rese
rves
[R
efer
Not
eTo
tal
Ass
ets
Tota
lLi
abili
ties
Turn
over
[Ref
er N
ote
(L
oss)
Be
fore
Prov
isio
n fo
r
(cre
dit)
(loss
) af
ter
Div
iden
d Pr
opos
ed
/ Pa
id"
Shar
e
For
and
on b
ehal
f of
the
Boa
rd o
f D
irec
tors
of
NIIT
Lim
ited
Vija
y K
Tha
dani
Sanj
ay M
alD
eepa
k Ba
nsal
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SECRETARIAL AUDIT REPORT
NIIT Limited (hereinafter called “the Company”)
(Not applicable to the Company during the audit period
(Not applicable to the Company during the audit period)
(Not applicable to the Company during the audit period)
We further report that:
We further report that
We further report that
Limitations
For PI & Associates Company Secretaries
Partner
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For PI & Associates Company Secretaries
Partner
Annual Report on Corporate Social Responsibility (CSR) Activities for Financial Y
1. Brief outline on CSR Policy of the Company:
2. Composition of the CSR Committee:
Sl.
No. Name of Director CSR Committee held CSR Committee attended
1 1
1 1
1 1
1 1
Sl. No. Financial Year Amount required to be set off for the
Financial Year
151.46
7.
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Total Amount Spent for the Financial Year
Amount Unspent (in Rs.)
Total Amount transferred to Unspent CSR Account as per section 135(6) per second proviso to section 135(5)
Amount Date of transfer Name of the Fund Amount Date of transfer
SlNo
Name of the Project
Item from the list of activities
in Schedule VII to the
Act
Local area (Yes/No)
Location of the project
Project duration
Amount allocated for the
project (in Rs.)
Amount spent in
the current
Year (in Rs.)
mount transferred to Unspent
CSR Account for the
project as per Section 135(6) (in
Rs.)
Mode of Implementation
No)
Mode of Implementation
State District Name CSR
number
NIL
Sl.
No
Name of the Project
Item from the list of activities
in Schedule VII to the Act
Local area
(Yes/No)
Location of the project
Amount spent for the project (in Rs.)
Mode of Implementation
No)
Mode of Implementation
State District Name CSR
number
TOTALmillion
(d) Amount spent in Administrative Overheads:
(f) Total amount spent for the Financial Year (8b+8c+8d+8e):
Sl. No. Particular Amount (in Rs.)
Sl.
No. Financial
Year
Amount transferred to
Unspent CSR Account
under section 135(6)
(in Rs.)
Amount spent in the
Year (in Rs.)
Amount transferred to any
if any
to be spent in
years. (in Rs.)
NIL
Sl.
No
Project
ID
Name of
the Project
Financial Year
commenced
Project
duration
Total amount
allocated for
the project
(in Rs.)
Amount spent
on the project
Financial Year
(in Rs.)
Cumulative
amount spent
at the end
Financial Year.
(in Rs.)
Status of
Completed /
Not Applicable
135 (5):
For CSR Committee For and on behalf of the Board
Chairman Chairman
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Name(s) of the related party and nature of
relationship
Nature of contracts /
transactions
Duration of the contracts/
transactions
Salient terms of the contracts or
or transactions such contracts or
transactions
Date(s) of approval by the Board
Amount paid
if anyspecial resolution
as required under
section 188
Name(s) of the
related party
and nature of
relationship
Nature of contracts
transactions
Duration of
the contracts/
transactions
Salient terms of the Date(s) of approval
by the Board
Amount paid as
For and on behalf of the Board
DIVIDEND DISTRIBUTION POLICY
For and on behalf of the Board
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Nameremuneration in
compared to
year
Ratio of remuneration
of each Director
to median remuneration of employees
remuneration in
year
value of ESOP
Ratio of remuneration of
each Directorto median
remuneration of employees
value of ESOP
1
4 4
5
4 4
4 4
4 4
4 4
4 4
KMP
11 11
Notes :1Remuneration break-up is provided in Corporate Governance Report.2 Considering the unprecedented circumstances under COVID-19 pandemic and various action taken by the Company including containment of the expenses of the company in FY21, both Executive Directors were not paid major part of their remuneration [basic salary + house rent allowance] from April 1, 2020 to January 31, 2021. Further no performance linked bonus was paid to them for FY 2020-21 (performance liked bonus was also not paid in FY 20 for a same reason) 3This information is not relatively referable due to the reason as explained in note no. 2. 4Not applicable as they are not eligible or holding any Stock Options 5Remuneration break-up is provided in Corporate Governance Report. The ratio of remuneration and percentage increase is not comparable due to difference in number of meetings held as well as attended by the Directors and also amount of other remuneration determined by the Board from time to time, in any financial year.
6Considering the unprecedented circumstances under Covid-19 pandemic and various action taken by the Company including containment of the expenses of the company in FY21, he was not paid remuneration (except approved perquisites) during April 1, 2020 till January 31, 2021, which was approved by the members7 This information is not relatively referable due to the reasons as explained in note no. 68 Considering the unprecedented circumstances under Covid-19 pandemic and various action taken by the Company including containment of the expenses of the company in FY21, he was not paid remuneration during August 1, 2020 till November 30, 20209 Not applicable, as Mr. Amit Roy ceased to be Chief Financial Officer w.e.f. closing hours of June 4, 2020 10Not Applicable, as Mr. Sanjay Mal was appointed Chief Financial Officer w.e.f. June 5, 2020 11
S.
No
Nam
e(Y
ears
)(Y
ears
)N
atur
e of
Dut
ies
Rem
uner
atio
n Da
te o
f Pr
evio
us E
mpl
oym
ent
Prev
ious
Em
ploy
men
t
1 4 11 S.
No.
Nam
e(Y
ears
)(Y
ears
)N
atur
e of
Dut
ies
(Rs.)
Da
te o
f Pr
evio
us E
mpl
oym
ent
Prev
ious
Em
ploy
men
t
1
NO
TES:
For
and
on b
ehal
f of
the
Boa
rd
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Skills & Careers
Skills & Careers:
Environment and State of the Industry
Buyback of Shares
Transaction Proceeds
Net Cash Available from the Transaction
shareholders
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a) Business
b)
Company Performance
Rs. Million FY21 YoY
EBITDA 852
888 bps
EBIT 254
1
mn
Operations
FY20 financials include one-time capital gain on divestment of holding in NIIT Technologies Limited. Excluding this, the like-to-like growth in PAT is 134% YoY.
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Key Services Provided
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Key Transformations
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Rs. Million FY21 YoY
StackRoute
Talent Pipeline as a Service (TPaaS)
Rs. Million FY21 YoY
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Consolidated Financials of the Company
Table 5: Consolidated Statement of P&L for FY21
Rs. Million FY21 YoY
Net Revenues
EBITDA 852
EBIT 254
1
to Equity Holders
Basic EPS (Rs.) 82.9
FY20 financials include one-time capital gain as a result of divestment of holding in NIIT Technologies Limited. Excluding this, the like-to-like growth in PAT is 134% YoY.
Net Revenue
Depreciation
Net Other Income
Table 6: Other Income
Rs. Million FY21
4
Net Other Income 778
Held for Sale
Table 7: Detailed Analysis of Consolidated Balance
Rs. Million
Sources of Funds
Shareholders’ Funds
Loan Funds
Total Sources of Funds
Application of Funds
Total Application of Funds
The analysis in this MD&A does not conform specifically to the Schedule III format. Numbers have been regrouped for analysis.
Share Capital
Reserves and Surplus
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Loan Funds
Rs. million
Net Block
Rs. million
152 292
Other Assets & Liabilities
Inventories
Trade Receivables
Cash and Bank
Rs. million
Cash & Equivalents
Other Assets
Other Liabilities
Rs. million
Rs. million
Other Liabilities
*Other Payables include capital creditors, amount payable to employees, and payables on account of Strategic Sourcing for customers.
Key Financial Ratios
Particulars FY21 YoY
Particulars FY21 YoY
Related Party Transactions
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Human Resources
Future Outlook
Skills & Careers:
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Risks and Concerns
Internal Control Systems and their Adequacy
Disclaimer
such statements. Readers are cautioned as not to place undue reliance.
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SECTION B: FINANCIAL DETAILS OF THE COMPANY FOR FY21
SECTION C: OTHER DETAILS
?
?
??
BUSINESS RESPONSIBILITY REPORT
SECTION D: BR INFORMATION
Sl. No. Name DIN
1
4
No. Questions P
1
P
2
P
3
P
4
P
5
P
6
P
7
P
8
P
9
1?
?
? ?
4 ?
?
?
BUSINESS RESPONSIBILITY REPORT (Contd.)
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No. Questions P
1
P
2
P
3
P
4
P
5
P
6
P
7
P
8
P
9
?
?
?
?
?
No. Questions P
1
P
2
P
3
P
4
P
5
P
6
P
7
P
8
P
9
1
4
BUSINESS RESPONSIBILITY REPORT (Contd.)
? ??
Principle 1
?
?
?
Principle 2
?
?
??
BUSINESS RESPONSIBILITY REPORT (Contd.)
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?
?
?
Principle 3
1
4
BUSINESS RESPONSIBILITY REPORT (Contd.)
BUSINESS RESPONSIBILITY REPORT (Contd.)
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?
No. No of
year
No of complaints
end of
1
?
Principle 4
?
BUSINESS RESPONSIBILITY REPORT (Contd.)
Principle 5
?
?
Principle 6
?
?
?
?
?
Principle 7
?
?
Principle 8
?
?
BUSINESS RESPONSIBILITY REPORT (Contd.)
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?
?
?
Principle 9
?
?
BUSINESS RESPONSIBILITY REPORT (Contd.)
BOARD OF DIRECTORSComposition of Board
Name of Director & (DIN)
Attendance Particulars No. of Directorships
in other Indian
Companies*
No. of Memberships/ Chairpersonships in other Board’s Committees**
No. of Board
tenureLast
Held Attended Member Chairperson
#
#
1 1
4
1 1
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S. No. Name of Director Name of the Company
CERTIFICATE FROM COMPANY SECRETARY IN PRACTICE
BOARD’S COMMITTEE
Contd..)
Name of the Directors Audit Committee
Nomination and Remuneration Committee
Stakeholders’ Relationship Committee
Corporate Social Responsibility Committee
Risk
Committee*
Audit Committee
Name of MembersHeld Attended
Nomination and Remuneration Committee
Contd..)
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Name of MembersHeld Attended
Nomination and Remuneration Policy
Performance Evaluation
Skills Description
Contd..)
Name of the Board Members
R S V K Thadani
P Rajendran
Anand Sudarshan Mathur
Ravinder Ashish Kashyap
Stakeholders’ Relationship Committee
Name of Members
No. of
Held Attended
4 4
4 4
4 4
Corporate Social Responsibility (CSR) Committee
REMUNERATION TO DIRECTORS
Amount in Rs.
ParticularsVijay Kumar
ThadaniParappil
RajendranTotal
Total
Contd..)
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Notes:
Amount in Rs
Name of Director Commission@ Others# Total
Total
-
-
-
Contd..)
CODE OF CONDUCT
CEO AND CFO CERTIFICATION
FinancialYear & Time
Location Special Resolution(s)
Book closure/Record date:
Contd..)
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Particulars No. of votes castVotes castBallot Total
Total NA
Procedure for Postal Ballot:
DISCLOSURESa) Related Party Transactions
b) Total Fees to Statutory Auditor (Pursuant to Part C
c) Compliance
Contd..)
preferential issues etc.
h) Any recommendation received from any Committee of the Board
COMPLIANCE WITH MANDATORY AND NON
A. Mandatory Requirements
a) The Board:
Statement:
Contd..)
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Statutory Compliance
DISCLOSURE ON SEXUAL HARASSMENT OF WOMEN AT WORKPLACE
MEANS OF COMMUNICATION
Financial Results Date of publication
Contd..)
SHAREHOLDERS’ INFORMATION
c. Financial Year
d. Dividend
e. Record Date for Dividend
h. Stock Market Data
Share price movement:
Month BSE NSE
#
Price (Rs.)
Price(Rs.)
MarketCap*
(Rs Mn)
Nifty #Price(Rs.)
Price(Rs.)
Market Cap*
(Rs. Mn)
Performance of the Share Price of the Company in Comparison to Indices:
Stock Price/ As on As on(Decrease)
i. Unclaimed/Unpaid Dividend
Contd..)
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j Unclaimed Shares
S.No.
Particulars No. ofShareholders
No. ofShares
11
11
k. Nomination Facility
Contd..)
(No. of Shares)
No. ofShareholders Shareholders
Total No. ofShares Total
Shares
TOTAL
No. of Shares held
n. Details of requests/queries/complaints received
Nature of Query/Complaint
Request/queries received
Complaints received
Resolved Unresolved
4 4
1 1
468 33
Contd..)
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likely impact on equity:
q. Dematerialisation of Equity Shares and Liquidity
r. Consolidation of multiple folios
s. Share Transfer System
Contd..)
The Members of NIIT Limited
NIIT Limited
S. No. DIN Name of Director Date of appointment in Company
1
4
Company Secretaries
Partner
Contd..)
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Contd..)
NIIT Limited
Contd..)
111
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The Members NIIT Limited
NIIT Limited (“Company”)
Company Secretaries
Partner
Contd..)
To the Members of NIIT LimitedReport on the Audit of the Standalone Ind AS Financial StatementsOpinion
Basis for Opinion
Key Audit Matters
Key audit matters
INDEPENDENT AUDITOR’S REPORT
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Key audit mattersImpairment of Investments
INDEPENDENT AUDITOR’S REPORT Contd..
114
Information Other than the Financial Statements and Auditor’s Report Thereon
Auditor’s Responsibilities for the Audit of the Standalone Ind AS Financial Statements
INDEPENDENT AUDITOR’S REPORT Contd..
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For S.R. Batliboi & Associates LLP
per Sanjay Bachchani
INDEPENDENT AUDITOR’S REPORT Contd..
Name of the statuteNature of
duesAmount (Rs.in Mn) Period
Foru
pendin
REPORT OF EVEN DATE ON THE STANDALONE IND AS FINANCIAL STATEMENT OF NIIT LIMITED
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For S.R. Batliboi & Associates LLP
per Sanjay Bachchani
REPORT OF EVEN DATE ON THE STANDALONE IND AS FINANCIAL STATEMENT OF NIIT LIMITED Contd..
Auditor’s Responsibility
NIIT LIMTED
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Opinion
For S.R. Batliboi & Associates LLP
per Sanjay Bachchani
NIIT LIMTED (Contd...)
As atNotes
ASSETS
4
Current Assets 11
Total current assets
TOTAL ASSETSEQUITY AND LIABILITIESEQUITY
TOTAL EQUITYLIABILITIES
Current liabilities
Total current liabilitiesTOTAL LIABILITIESTOTAL EQUITY AND LIABILITIES
For S.R.Batliboi & Associates LLP For and on behalf of the Board of Directors of NIIT Limited
Sanjay Bachchani Vijay K Thadani
Sanjay Mal Deepak Bansal
STANDALONE BALANCE SHEET
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Year ended Notes
INCOME1718
Total incomeEXPENSES
1119
5(ii)21
24
25
111.88 567.14
37 536.11
Other comprehensive income
2613(ii)9(i)
(34.69) 1.22
13(ii)
(35.42) (2.99)
Total comprehensive income for the year 533.12 33
Loss per equity share (Face Value Rs. 2 each) for Discontinued Operations:
Discontinued Operations:
For S.R.Batliboi & Associates LLP For and on behalf of the Board of Directors of NIIT Limited
Sanjay Bachchani Vijay K Thadani
Sanjay Mal Deepak Bansal
STANDALONE STATEMENT OF PROFIT AND LOSS
a)
Equi
ty S
hare
Cap
ital
Part
icul
ars
Num
bers
Am
ount
33
4.7
1
b)
Oth
er E
quity
Part
icul
ars
Rese
rves
and
Sur
plus
Oth
er R
eser
ves
Tota
l oth
er
equi
ty
Shar
e ap
plic
atio
n
for
allo
tmen
t
Cap
ital
Rese
rve
Secu
ritie
s Pr
emiu
m
Empl
oyee
s St
ock
Opt
ion
Rese
rve
Cap
ital
Rede
mpt
ion
Rese
rve
Reta
ined
Tota
l com
preh
ensi
ve in
com
e fo
r th
e ye
ar (
26.7
1)
42
.58
1
4.3
8
23
.36
(7
79
.84
)
(25.9
5)
(25.9
5)
53
6.1
1
(2.9
9)
Tota
l com
preh
ensi
ve in
com
e fo
r th
e ye
ar497.5
5
35.5
7
53
3.1
2
48
.77
22
.79
(16
.57
) (
28
3.3
3)
67.1
8
9.6
2
For
S.R.
Batli
boi &
Ass
ocia
tes
LLP
For
and
on b
ehal
f of
the
Boa
rd o
f D
irec
tors
of
NIIT
Lim
ited
Sanj
ay B
achc
hani
V
ijay
K T
hada
ni
Sanj
ay M
al
Dee
pak
Bans
al
WECAN#Together
Year ended
A.
From Discontinued Operations
518.93
365.29 (286.28) 884.22
884.41 287.76
846.64 284.93
B.
STANDALONE STATEMENT OF CASH FLOWS
Year ended
C.
(445.34)
Net decrease in cash and cash equivalents (A) + (B) + (C) (219.48) (7.19)
Cash and cash equivalents as at the end of the year (Footnote 1) 287.98
As at
Particulars
Total 287.98
For S.R.Batliboi & Associates LLP For and on behalf of the Board of Directors of NIIT Limited
Sanjay Bachchani Vijay K Thadani
Sanjay Mal Deepak Bansal
STANDALONE STATEMENT OF CASH FLOWS
WECAN#Together
1. Company Information
2.a) Basis of preparation
(ii) Basis of measurement
(i) Functional and presentation currency
(ii) Transactions and balances
Assets
Liabilities
Contd..
WECAN#Together
e) Other Income(i) Interest income
(ii) Dividend income
h) Leases
(i) Company as a lessee
Contd..
ii) Comapny as a lessor
i) Business Combinations
Contd..
WECAN#Together
(ii) Measurement
Debt instruments
Contd..
k) Cash and cash equivalents
l) Trade receivables
m) Inventories
Contd..
WECAN#Together
Contd..
Description of Assets Useful life
Contd..
WECAN#Together
p) Investment property
Amortisation methods and periods
Particulars Useful life
Contd..
s) Trade and other payables
v) Provisions
Contd..
WECAN#Together
Compensated absences
Provident fund
Contd..
Superannuation fund
Pension Fund
National Pension System
y) Share capital Equity share capital
ab) Fair value measurement
Contd..
WECAN#Together
Level 1:
Level 2:
Level 3:
Business Combination:
Contd..
af) Recent pronouncements
Contd..
WECAN#Together
Part
icul
ars
Land
(Foo
tnot
e ii)
Pla
nt &
Eq
uipm
ents
L
ease
hold
Im
prov
emen
ts
Furn
iture
&
Vehi
cles
Equi
pmen
ts
othe
r th
an C
apita
l C
apita
l To
tal
asse
ts
Free
hold
L
ease
hold
(F
ootn
ote
i)
74
1.9
9
6.9
3
12
3.5
9
53
.35
8
.42
74
1.9
9
6.9
3
27
9.2
4
12
4.8
3
55
.64
2
4.2
8
Acc
umul
ated
dep
reci
atio
n
33
.33
9
8.6
2
25
.92
4
.38
9
.51
3
14
.24
3
14
.24
44
.77
1
94
.62
3
7.9
3
5.8
2
13
.21
74
1.9
9
5.9
8
84
.62
5
.13
1
7.7
1
5.2
4
74
1.9
9
6.9
3
27
9.2
4
12
4.8
3
55
.64
2
4.2
8
74
1.9
9
6.9
3
29
4.6
8
65
.28
9
.92
2
4.3
8
Acc
umul
ated
Dep
reci
atio
n
44
.77
1
94
.62
3
7.9
3
5.8
2
13
.21
56
.21
2
21
.32
3
1.9
6 6
.18
1
4.3
1
74
1.9
9
5.9
1
54
8.7
2
73
.36
1
5.7
4 3
.74
Foot
note
s:
C
ontd
..
4 Investment Property
Particulars Amount
(i) (ii)
Particulars
Educational Content/ Products Internally
Acquired
assets other
assets under development
assets under development (footnote i)
Total
assets
418.86 187.51 18.35 732.37
165.22 191.24 775.32 18.35 76.32 869.99
Accumulated amortisation and impairment
and impairment 261.94 385.74 385.74
139.21
46.45
414.69 156.71 169.39 34.53 18.35 76.32 298.59
191.24 775.32 18.35 76.32 869.99
112.48 75.95
696.56 115.29 811.85 18.35 16.42 846.62 Accumulated Amortisation and Impairment
and impairment 414.69 156.71
146.83
642.53 642.53 166.23 169.32 18.35 16.42
Contd..
141
WECAN#Together
5(ii)
Total (A) 267.68
operations
Total (B)
349.96
Total 62.76
Year ended Description
76.32
(112.48) (165.22) 16.42 76.32
7 Leases7(i)
Year ended
Particulars
174.48
Contd..
7(ii)
Particulars Vehicle Total 34.16
36.24 416.55
69.39 25.43 94.82
Particulars Total
428.56
Particulars
Total 428.56
Particulars
Total 42.17 159.56
Particulars
Total Amount 428.56
Contd..
WECAN#Together
8 Financial Assets
8(i) Investments
A. As at
Investments in equity instruments (fully paid)Unquoted in subsidiary companies:In Subsidiary Companies
B. Asset Held for Sale As at Unquoted:
Investments in equity instruments (fully paid)In Subsidiary Company
Total Asset Held for Sale 21.28 238.81 C. Current Investment
Total Current Investments
Contd..
144
As at
Total Unquoted Investments
Total Quoted Investments Total Investments
Events after Balance Sheet date
As at8(ii) Loans
Current
As at8(iii) Other Financial Assets
Current
(A) 3.68 7.87
(B)
(C) 232.71
(D) 26.34
(E) 436.75 Bank deposits
(F)Total (A+B+C+D+E+F) 3.68 31.48
Contd..
WECAN#Together
As at 8(iv) Trade Receivables
Current
728.62 924.95
8(v) Cash and Cash Equivalents
57.64
8(vi) Bank Balances other than above
9 As at9(i)
Deferred
Total 283.12
a)b)
Contd..
Particulars Amount
As at9(ii)
Current
394.77 444.87 (8.21)
As at
Other Assets Current
i) Capital Advances
(A) 2.87 ii) Advances to Suppliers in cash or in kind
(B) 23.64 iii) Other Advances recoverable in cash or
in kind
(C) 8.83 24.27 iv)
(D) 76.99 67.85 v)
Authorities (net) (E) 17.32 65.19
Total (A+B+C+D+E) 2.97 122.18
As at
11
As at the end of the year
4.89
4.89 5.79 Decrease in inventories 4.63
Contd..
WECAN#Together
12 Share Capitala) Authorised share capital
Particulars Equity shares of Rs. 2 each
Redeemable preference Cumulative redeemable preference shares of Rs. 1 each
Number of shares
Amount Number of shares
Amount Number of shares
Amount
b) Movement in equity share capital
Subscribed and paid up share capital Equity shares Number of shares Amount
334.71
d) Shares reserved for issue under options
Particulars Number of shares
Number of shares
Total
Contd..
13 Other Equity As at Particulars
Total Other Equity
As at
13(i) Reserves and Surplus
a)
b)
c)
d)
e)
f)
Total Reserves and Surplus
Contd..
WECAN#Together
As at 13(ii) Other Reserves
Total Other Reserves 9.62 (25.95)Footnotes:
14 Financial Liabilities As at
14(i)
Current Maturities Secured
72.84 145.68 Unsecured
Amount disclosed under the head ”Other Financial Liabilities”
72.84
(i)
b. Terms of repayment
(i)
Repayment Date (USD Million)
2.89
Contd..
As at 14(ii) Trade Payables
Current
523.33 538.62
As at
Particularsa)
i)ii)
b)
i) ii) c)
d) e)
As at14(iii) Other Financial Liabilities
Current
411.36 581.68
As at15 Provisions
Current
327.67 235.87
Particulars As at
44.57
Contd..
WECAN#Together
16 Other Liabilities As at
Current
Contract Liabilities (Refer note 36)
1.17 2.79 161.31 176.17
Year ended
17 Revenue From Operations (Refer note 36)
Year ended
18 Other Income
Year ended19
Year ended Finance Costs
32.28
Contd..
Year ended
21
478.18 955.66
Year ended22
Year ended23
12.47 14.24
Contd..
WECAN#Together
Year ended
24
Income :
(386.96)Footnotes:
Contd..
25 Year ended
(a)
7.21
(93.89) 111.88
(b) Year ended
Adjustments for:
111.88
Year endedParticulars
Total ** 43.35
Year endedParticulars
Total
Contd..
WECAN#Together
I. Provident Fund
ParticularsYear ended
i)
199.42
Year ended(ii)
Fair value of Plan Assets as at the end of the year 66.73
(iii) Amount of Asset/ (Liability) Fair value of Plan Assets as at the end of the year at the end of the year Balance Sheet
Contd..
(iv) Year endedParticulars
28.27
(v) Year endedParticulars
51.53 7.49
(vi) As at
Sensitivity analysis
Increase in assumption Decrease in assumption
Increase in assumption Decrease in assumption
Contd..
WECAN#Together
27 Share Based Payments(a) Employee option plan
Particularsper share option
Number of optionsper share option
Number of options
73.86
89.14
date priceFair value
Contd..
date priceFair value
Tranche Market price Volatilitythe option
Risk less interest rate
Dividend yield rate
Contd..
WECAN#Together
Tranche Market price Volatilitythe option
Risk less interest rate
Dividend yield rate
Particulars
Contd..
28 Fair value measurements(i) Fair value hierarchy
Level 1
Level 2:
Level 3:
(ii) Valuation technique used to determine fair value
NIIT (USA) Inc., Singapore Branch1, North Bridge Road # 19 04-05High Street CenterSingapore 179094Phone: +65 63372472Fax: +65 63382844
NIIT Ireland, Korea Branch396, Seocho-daero, Seocho-gu, 137-857, Seoul, South
INDIA
NIIT LimitedNIIT Institute of Finance Banking and Insurance Training LimitedNIIT Institute of Process Excellence Limited (under liquidation)NIIT Yuva Jyoti Limited (under liquidation)MindChampion Learning Systems Limited
New Delhi 110 019IndiaPhone: +91 11 41675000Fax: +91 11 41407120Email:
