NIIT Pankaj Prabhakar Jathar resigns
NIIT (NIITLTD) said Pankaj Prabhakar Jathar has resigned; and Anish Kumar Sarkar has been appointed. The company is valued at about ₹1,125 crore.
What happened
In a filing with the BSE on 14 October 2026 at 04:09 PM, NIIT (NIITLTD) said that Pankaj Prabhakar Jathar has resigned; and Anish Kumar Sarkar has been appointed.
From the filing: "T ake on record and accept resignation of Mr."
Company snapshot
NIIT is a small-cap company, with a market value of about ₹1,125 crore.
The stock last traded at ₹82.33, against a 52-week range of ₹49–₹111.1 (25.9% below the high).
Before this filing the shares had moved −12.5% over the month and −15.4% over three months. Average daily turnover over the last 20 sessions was about ₹1.44 crore.
Promoters held 40.87% at the end of Q1 FY27, up 3.89% points from the previous quarter. Foreign institutions owned 8.06% and domestic institutions 11.15%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 84 | 4.4 | 0.32 |
| Q2 FY26 | 105 | 0.7 | 0.1 |
| Q3 FY26 | 101 | 4 | 0.29 |
| Q4 FY26 | 100 | -1.9 | -0.32 |
| Q1 FY27 | 96 | 8.1 | 0.59 |
What history shows
BCEIE's records show 3 previous management change filings from the company since May 2026.
Market-wide, 3,932 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- The appointment of a successor and any change in strategy or guidance.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.