Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulation, 2015 ('Listing Regulations'), read with Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, ("SBEB Regulations"), we would like to inform you that the Board of Directors of NIIT Learning Systems Limited ('Company'/'NLSL') on Wednesday, January 31, 2024, on the recommendation of the Nomination and Remuneration Committee, has inter alia considered, and approved 'NLSL Employee Stock Option Plan 2024' ('ESOP 2024' 'Plan') for eligible employees of the Company and its holding/subsidiary/associate, in accordance with SBEB Regulations. The ESOP 2024 implementation is subject to approval of the Members of the Company, to be sought by way of Postal Ballot mechanism.