Investment3 Dec 2025, 04:15 pm
NPST raises Rs. 300 crores from Tata Mutual Fund
AI Summary
Network People Services Technologies Ltd. (NPST), a leading provider of digital payments and digital banking infrastructure, has successfully raised more than 300 crore through a preferential issue fully subscribed by Tata Mutual Fund. The company has received listing approval from both NSE and BSE for 14,46,500 fully paid-up equity shares of face value =10 allotted under the preferential issue. These funds will be channelled towards NPST’s strategic priorities that include product innovation, infrastructure enhancement, and capability building in emerging technologies. A significant part of the capital will support NPST’s global expansion plans.
Key Highlights
- NPST raises Rs. 300 crores from Tata Mutual Fund
- Tata Mutual Fund has subscribed to the preferential issue
- NPST received listing approval from NSE and BSE for 14,46,500 equity shares
- Funds will be used for strategic priorities and global expansion
- Tata Mutual Fund’s shareholding in NPST will increase to 9.42 %