Network People Services Technologies Limited has informed the Exchange about change in Management
NPST · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board Meeting held on May 28, 2026 approved the audited financial results for Q4 and FY 2025-26. Standalone revenue grew to ₹19,417 lakhs (up 12% from ₹17,312 lakhs), though profit after tax declined to ₹4,106 lakhs from ₹4,520 lakhs in the prior year. EPS stood at ₹20.70 per share versus ₹23.31 last year. The Board declared a final dividend of ₹2 per equity share, subject to shareholder approval. In management changes, Mr. Abhishek Mishra resigned as Independent Director (effective April 1, 2026), and Mr. Vijay Kumar Singh was appointed as Additional Director (Independent), with his appointment to be approved via postal ballot. The company also allotted 12,850 equity shares under the NPST Employee Stock Option Plan 2023.
The resignation and replacement of an independent director represents routine board changes. Declining profitability year-over-year may concern investors despite revenue growth, while the dividend declaration provides shareholder returns.