StockWatch
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IT Enabled Services
Board Meeting11 Nov 2026, 06:32 pm

Network People Services Technologies Ltd Board Meeting Outcome

AI Summary

Network People Services Technologies Ltd announced the outcome of its Board Meeting held on November 11, 2026. The board approved the Un-Audited Consolidated and Standalone Financial Results for the second quarter and half year ended September 30, 2026, along with the limited review report. They also took note of the Internal Audit Report and the Monitoring Agency report for the same period. Key decisions included the approval of the Statement of Deviation and the appointment of Mr. Prabir Kumar Das as Additional Director (Independent), subject to shareholder approval. The board also approved a further investment of USD 1,000,000 in its wholly-owned subsidiary, NPST Global LLC.

Key Highlights

  • Board approved Q2 FY27 Un-Audited Consolidated and Standalone Financial Results.
  • Mr. Prabir Kumar Das appointed as Additional Director (Independent).
  • Shareholder approval sought for Mr. Das's appointment.
  • Further investment of USD 1,000,000 approved for NPST Global LLC.
  • Noted Internal Audit and Monitoring Agency reports.