Network People Services Technologies Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
NPST · price
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Network People Services Technologies Limited (NPST) has announced the results of a postal ballot conducted between February 14 and March 15, 2026, for approving an amendment to its 'NPST ESOP 2023' Policy to align with SEBI's Share Based Employee Benefits and Sweat Equity Regulations, 2021. Only 25 out of 7,361 eligible shareholders participated, with a total of 1.15 crore votes polled representing 55.21% of outstanding shares. The special resolution passed with near-unanimous support — 99.998% of votes in favour and just 234 votes against. Promoters and promoter group (2 shareholders) voted 100% in favour, as did public institutional investors. The result was certified by scrutinizer Kala Agarwal, Practicing Company Secretary, on March 16, 2026.
This is a routine corporate governance filing with negligible direct impact on the stock price. The amendment to the ESOP policy could influence future employee stock-based compensation structures and potential equity dilution, but the overwhelming shareholder approval signals broad consensus on management proposals.