544396: No Deviation in Preferential Allotment Fund Utilization

Network People Services Technologies Limited filed its Statement of Deviation or Variation for the quarter and year ended March 31, 2026, regarding the utilization of proceeds from a preferential allotment. The company raised ₹300.0041 Crore on September 5, 2025, through the allotment of 14,46,500 equity shares. The statement, prepared pursuant to Regulation 32 of SEBI (LODR) Regulations, 2015, confirms that there has been no deviation or variation in the utilization of these funds from the original stated objects. The Audit Committee reviewed the statement on May 14, 2026, and CARE Ratings Limited acted as the monitoring agency.