Network People Services Technologies Limited — Important, 03-04-2025: Updates

Network People Services Technologies Limited (NPST) has provided clarification regarding a purchase order from the Central Bank of India. The company previously announced that it was awarded 40% of a total order valued at ₹168 crores. It has now clarified that the combined total order value awarded to both L1 and L2 bidders is indeed ₹168 crores. NPST, as L2, will receive 40% of this total value per the auction terms. This clarification helps to ensure accurate understanding among investors and stakeholders about the order's financial implications. Keep an eye on NPST for updates related to its operational performance stemming from this order.