NPST Allots 14.46 Lakh Shares to Tata Mutual Fund, Sets Dividend Record Date and AGM Schedule
By Shishta Dutta | Published at: Sep 5, 2025 05:14 PM IST
Mumbai, September 5, 2025: Network People Services Technologies Limited has announced that it has approved the allotment of 14,46,500 equity shares to Tata Mutual Fund through a preferential issue. Apart from this, the company has announced a series of key board decisions impacting governance and shareholder actions.
Network People Services Technologies Limited is a banking technology service provider and a fintech company based in India. It was founded in 2013 and has its corporate office in Thane, Maharashtra, India. It is listed on NSE with ticker symbol NPST and on BSE with code 544396.
Shares Close 0.86% Lower At ₹2,103.80
At the end of market close today, Network People Services Technologies Limited’s share price ended the day at ₹2,103.80, down by 0.86%, or 18.30 points. The shares made an intraday high of ₹2,139.90 and a low of ₹2,083.20. Traded volume was 9.74 thousand shares, and the market cap is at ₹4,115 crore.
Preferential Allotment and a Host of Other Key Decisions
Here are the key decisions taken by the company today:
| Item | Outcome | Effective Date |
|---|---|---|
| Preferential Allotment | 14,46,500 equity shares to Tata Mutual Fund | Sept 5, 2025 |
| Statutory Auditor | Appointment of Singhi & Co., Chartered Accountants | Sept 29, 2025 |
| Secretarial Auditor | Reappointment of Kala Agarwal for FY26–FY30 | Sept 5, 2025 |
| Independent Director | Reappointment of Abhishek Mishra for 5 years | Oct 21, 2025 |
| Managing Director | Reappointment of Deepak Chand Thakur for 5 years | Oct 20, 2025 |
| Joint Managing Director | Reappointment of Ashish Aggarwal for 5 years | Oct 20, 2025 |
| Annual Report | Approval of FY24–25 Annual Report with governance, MD&A, and sustainability disclosures | FY25 |
Dividend Record Date On September 12
The company has set the dividend record date on September 12 and announced the book closure between September 22-September 29. The cut-off for e-voting date is fixed on September 19, and the 12th AGM will be held on September 29 at 12:30 PM.
Network People Services Technologies Limited has allotted 14.46 lakh shares to Tata Mutual Fund and announced key board decisions, including reappointments of auditors and directors. The company has also set the dividend record date for September 12 and scheduled its 12th AGM on September 29. These updates provide clarity on corporate governance, shareholder actions, and upcoming procedural timelines.
REF: https://nsearchives.nseindia.com/corporate/NPST_05092025154534_BM_Outcome_05092025_signed.pdf
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