Network People Services Technologies Limited — New Orders, 06-03-2025: Bagging/Receiving of orders/contracts

Network People Services Technologies Limited (NPST) has received a significant purchase order to provide UPI services on an operating expense (OPEX) model for three years, starting from January 1, 2025, and running until December 31, 2027, from Kerala Gramin Bank and Karnataka Gramin Bank. This contract is expected to enhance both security and compliance for the banks while also enabling them to scale their operations more effectively and reduce costs. The successful acquisition of this order solidifies NPST’s role as a noteworthy player in the banking sector's innovative payment solutions, likely driving its revenue growth and strengthening its position within the digital payments landscape. Shareholders should view this development as a positive signal for the company’s future prospects.