Network People Services Technologies Limited has informed the Exchange regarding allotment of 12850 securities pursuant to ESOP/ESPS at its meeting held on May 28, 2026
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Network People Services Technologies Limited has allotted 12,850 equity shares to employees who exercised their stock options under the NPST Employee Stock Option Plan 2023. The shares were issued at face value of Rs. 10 per share with no premium. After this allotment, the company's total share capital stands at Rs. 20,86,35,000 divided into 2,08,63,500 equity shares. The newly allotted shares are subject to a 6-month lock-in period ending November 27, 2026. Across all ESOP tranches, 31,000 options have been exercised generating Rs. 3,10,000, while 34,900 options have lapsed.
The dilution is minimal at 0.06% of total shares. The lock-in expiry on November 27, 2026 will add 12,850 shares to the freely tradeable float, which could marginally increase supply pressure on the stock at that time.