Network People Services Technologies Limited — Others, 20-08-2025: Corrigendum

Network People Services Technologies (NPST) has issued a clarification regarding its upcoming Extraordinary General Meeting for a preferential share issue. The company plans to issue up to 14.46 lakh equity shares at Rs 2,074 each, aiming to raise approximately Rs 300.00 Cr. Funds will be primarily allocated for global expansion, brand building (Rs 60 Cr), accelerating growth through product development, infrastructure enhancement, and strategic acquisitions (Rs 170 Cr), with the remainder for general corporate purposes. This capital infusion will support NPST's growth initiatives and has led to an increased stake for Tata Mutual Fund, enhancing institutional participation. The issue price remains unchanged.