Network People Services Technologies Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 29, 2025
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Network People Services Technologies Limited (NPST) held its 12th AGM on September 29, 2025, via Video Conferencing, chaired by CMD Mr. Deepak Chand Thakur. Out of 6,522 shareholders on the record date, 49 members attended the meeting through VC (5 from the promoter group and 44 from the public). E-voting was conducted from September 24 to September 28, 2025, with Ms. Kala Agarwal appointed as the Scrutinizer. Key items put to vote included adoption of audited standalone and consolidated financial statements for FY ended March 31, 2025, declaration of a 20% dividend on the face value of equity shares, and appointment of Singhi & Co. as the new Statutory Auditor for a 5-year term. Several director re-appointments were also approved, including Mr. Deepak Chand Thakur as Managing Director, Mr. Ashish Aggarwal as Joint Managing Director, and Mr. Abhishek Mishra as Independent Director, each for a 5-year term. The meeting concluded at 12:48 PM and voting results from the Scrutinizer are awaited.
The 20% dividend declaration is a positive signal for shareholders, reflecting confidence in FY25 earnings. The appointment of Singhi & Co., a well-established audit firm, and the 5-year continuity of senior leadership suggest stability, though shareholders should await the Scrutinizer's report for final voting outcomes on each resolution.