Network People Services Technologies Limited (NPST) — Board Meeting

📢 Key Event
Board approved audited FY26 results, declared ₹2 final dividend, reappointed internal auditor, and appointed new Independent Director.

🔄 What Changed
₹2 final dividend declared; 12,850 shares allotted under ESOP 2023; Vijay Kumar Singh appointed as Independent Director; RVA & Associates reappointed as internal auditor.

💡 Investor Takeaway
The dividend declaration and director appointments signal confidence in financial performance and governance continuity, potentially supporting investor sentiment.

The Board of Network People Services Technologies Limited approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, along with an unmodified auditor's report. A final dividend of ₹2 per share was declared, subject to shareholder approval, and 12,850 shares were allotted under the Employee Stock Option Plan 2023. The Board reappointed RVA & Associates LLP as internal auditor and appointed Vijay Kumar Singh as an Additional Director (Independent) for a five-year term, requiring postal ballot approval. The company also reconstituted key committees including Audit, Nomination, and CSR. Financial highlights include total income of ₹20,860 lakhs, profit after tax of ₹4,106 lakhs, and cash and cash equivalents of ₹2,672.6 lakhs at year-end. The filing confirms compliance with SEBI LODR and IND AS standards, with no material uncertainty regarding going concern.

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