Network People Services Technologies Ltd

Network People Services Technologies Ltd has announced the closure of its trading window for designated persons from July 1, 2026. This closure will remain in effect until 48 hours after the declaration of the unaudited financial results for the quarter ending June 30, 2026. The company is adhering to SEBI (Prohibition of Insider Trading) Regulations, 2015, and its internal code of conduct. Immediate relatives of designated persons are also restricted from trading company shares during this period. The date for the board meeting to approve these financial results will be communicated separately.

Network People Services Technologies Ltd has announced securing a significant order from a Maharatna Public Sector Undertaking. The company will serve as the Technology Service Provider (TSP) for the development and implementation of a UPI Third-Party Application Provider (TPAP) application. This solution will be deployed on a Software-as-a-Service (SaaS) model, which is expected to generate recurring revenue for the company over the contract duration. The order is considered to be in the ordinary course of business.

The Board of Directors of 544396 approved the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. The Board also recommended a final dividend of ₹2 per equity share for FY26, subject to shareholder approval. Key management changes included the resignation of Mr. Abhishek Mishra as Independent Director, effective April 1, 2026, and the appointment of Mr. Vijay Kumar Singh as an Additional Director (Independent). Additionally, 12,850 equity shares were allotted under the ESOP 2023, and various committees were reconstituted.

NPST Limited's Board of Directors, in a meeting on May 28, 2026, approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The board recommended a final dividend of ₹2 per equity share for FY26, subject to shareholder approval. Key corporate actions included the re-appointment of M/s RVA & Associates LLP as internal auditor, the resignation of Mr. Abhishek Mishra, and the appointment of Mr. Vijay Kumar Singh as an Additional Independent Director. A postal ballot notice was approved for Mr. Singh's appointment. Additionally, 12,850 equity shares were allotted under the ESOP 2023 plan, and several committees were reconstituted.

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.

The Board of Directors of 544396 (Network People Services Technologies Limited) met on May 28, 2026, approving the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, with an unmodified audit opinion. A final dividend of ₹2 per equity share was recommended for FY26, pending shareholder approval. The board re-appointed M/s RVA & Associates LLP as Internal Auditor for FY27. Key management changes include the resignation of Mr. Abhishek Mishra as Independent Director and the appointment of Mr. Vijay Kumar Singh as an Additional Independent Director, subject to shareholder approval via postal ballot. Additionally, 12,850 equity shares were allotted under the NPST Employee Stock Option Plan 2023, and various committees were reconstituted. The Amended Nomination and Remuneration Policy was also approved.

The Board of Directors met on May 28, 2026, approving the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. A final dividend of ₹2 per equity share was recommended, subject to shareholder approval. The board re-appointed M/s RVA & Associates LLP as internal auditor for FY2026-27. Management changes included the resignation of Independent Director Mr. Abhishek Mishra and the appointment of Mr. Vijay Kumar Singh as an Additional Director (Independent), with a postal ballot notice approved for his appointment. Additionally, 12,850 equity shares were allotted under the ESOP 2023 plan, and several committees were reconstituted.

The Board of Directors of the Company met on May 28, 2026, approving the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. A final dividend of ₹2 per equity share was recommended, subject to shareholder approval. The board also re-appointed M/s RVA & Associates LLP as Internal Auditor for FY2026-27 and approved the allotment of 12,850 equity shares under the NPST Employee Stock Option Plan 2023. Additionally, Mr. Abhishek Mishra's resignation as Independent Director was noted, and Mr. Vijay Kumar Singh was appointed as an Additional Independent Director, pending shareholder approval via postal ballot. The Nomination and Remuneration Policy was amended, and several key committees, including Audit and CSR, were reconstituted.

Network People Services Technologies Ltd has scheduled a Board of Directors meeting on May 28, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The board will also consider the re-appointment of M/s RVA & Associates LLP as Internal Auditor for FY 2026-27, recommend a final dividend, and approve the statement of deviation for the quarter ended March 31, 2026. Additionally, the board will appoint Mr. Vijay Kumar Singh as an Additional Director (Independent) and approve the Postal Ballot Notice for shareholders’ approval of his appointment. They will also approve the allotment of 12,850 equity shares under the ESOP plan and consider the Annual Secretarial Compliance Report. An investor call is scheduled for May 29, 2026.

Network People Services Technologies (NPST) has secured orders from three cooperative banks for its Bank-in-a-Box platform. One bank will deploy NPST's acquiring switch alongside Qynx, while the other two will deploy Qynx only. Qynx is NPST's offline acquiring platform, handling merchant payment acceptance. These wins are expected to strengthen the company’s long-term recurring revenue and support sustained growth. Bank-in-a-Box is a SaaS-based platform covering UPI, IMPS, Banking Connect, online/offline merchant acceptance, AI fraud monitoring, and an omnichannel SuperApp.