Announced Thu, 28 May · 19:49 IST

Pursuant to reg 30 of SEBI LODR please find attached the change in the management of the Company

Multiple Ind Directors ResignedPromoter Family Board EntryManagement Changes View source PDF

NPST · price

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Price reaction · full curve 14 horizons · vs prior close
+14.8%1-day move
₹1029.00
prior close
₹1025.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+7.3+13.4+13.5+9.2+14.8+28.8+36.8+36.6+40.9+54.5+52.8+54.5
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AI summary

Network People Services Technologies reported FY2026 standalone revenue of ₹19,417 lakhs (up 12% from ₹17,312 lakhs in FY2025) and net profit of ₹4,106 lakhs (down 9% from ₹4,520 lakhs), with consolidated net profit at ₹4,082 lakhs. EPS stood at ₹20.70 on standalone basis. The Board declared a final dividend of ₹2 per equity share (face value ₹10), subject to shareholder approval. Key governance changes include the resignation of Mr. Abhishek Mishra as Independent Director (effective April 1, 2026) and the appointment of Mr. Vijay Kumar Singh as an Additional Independent Director. The company also allotted 12,850 equity shares under the NPST Employee Stock Option Plan 2023 (4th tranche). All committees were reconstituted. Auditors Singhi & Co. issued an unmodified opinion on both standalone and consolidated results.

Likely market impact

Revenue growth reflects business expansion, though profit decline is a concern. The independent director changes signal board transition. The dividend provides some investor reward despite lower profitability. Cash reserves of ₹26,726 lakhs remain strong.