Network People Services Technologies Limited has informed the Exchange regarding 'Intimation of In-principle approval received for listing of up to a maximum of 1,50,000 Equity Shares of face value of Rs. 10/-each of Network People Services Technologies Limited ( the Company ) to be issued under NPST ESOP 2023 KHUSHIYOWALA ESOP'.
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Network People Services Technologies Limited has received in-principle approval from BSE (dated August 13, 2025) for the listing of up to 1,50,000 equity shares of face value Rs. 10 each to be issued under the 'NPST ESOP 2023 KHUSHIYOWALA ESOP' scheme. NSE had already granted its in-principle approval for the same scheme back in June 2023. The approval is conditional on the company complying with SEBI's Share Based Employee Benefits regulations, listing requirements, and other statutory obligations. This is a procedural step that enables the company to allot shares to employees upon exercise of stock options and have those shares listed on the exchanges.
This is a routine regulatory clearance for the company's employee stock option plan and does not involve any capital raise from the public. Shareholders may see a very minor dilution (up to 1,50,000 shares) as and when employees exercise their options, but the impact on share price is expected to be negligible.