Pursuant to SEBI (SBSE), please find attached the Form 10(c)
NPST · price
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Network People Services Technologies (NPST) has allotted 12,850 equity shares to employees who exercised 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. The total issued share capital has increased to Rs. 20,86,35,000 (20,863,500 shares). The newly allotted shares are subject to a six-month lock-in period expiring on November 27, 2026. This is the fourth tranche of allotments under this ESOP scheme, bringing the total options exercised to 31,000 shares across four allotments since May 2025.
This is a routine corporate action with minimal shareholding dilution — 12,850 shares represent less than 0.1% of total capital. The lock-in on newly allotted shares reduces immediate selling pressure, and the exercise price at face value means no capital raise for the company.