BSECompany Update11 Aug 2026 · 11 Aug 2026, 08:31 pm
Pursuant to reg 32 of SEBI LODR, please find attached the Statement of Deviation for the quarter ended on June 30, 2026
Network People Services Technologies Ltd · 544396
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Network People Services Technologies Ltd has filed a statement of deviation or variation for the quarter ended June 30, 2026, in respect of the utilization of proceeds raised through the preferential allotment of 14,46,500 equity shares. The company confirms that there has been no deviation or variation in the utilization of proceeds.
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Growth Catalyst2/10
Governance Concern1/10
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Balance Sheet Risk1/10
Liquidity Impact8/10
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Network People Services Technologies Ltd - 544396 - Pursuant To Reg 32 Of SEBI LODR, Statement Of Deviation For The Quarter Ended On June 30, 2026
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ISIN: INE0FFK01017 Date: 11.08.2026
The National Stock Exchange of India Limited, BSE Limited
Exchange Plaza, NSE Building, Bandra Kurla Corporate Relationship Department
Complex, Bandra East, Mumbai-400 0513 Phiroze Jeejeebhoy Towers,
Fax: 022-26598237, 022-26598238 Dalal Street, Mumbai – 400 001
SYMBOL: NPST Scrip Code: 544396
Subject: Regulation 32(3) - Statement of deviation or variation for the quarter ended June 30, 2026
for the Funds raised through Preferential Allotment.
Respected Sir/Madam,
Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, read with the SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated
January 30, 2026, we hereby enclose the Statement of Deviation or Variation for the quarter ended
June 30, 2026 in respect of the utilization of proceeds raised through the Preferential Allotment of
14,46,500 equity shares by the Company.
The said statement was placed before the Audit Committee at its meeting held today,
i.e. August 11, 2026. We hereby confirm that there has been no deviation or variation in the utilization
of proceeds raised through the aforesaid preferential allotment.
Kindly take the aforesaid on your records.
For Network People Services Technologies Limited
Chetna Chawla
Company Secretary and Compliance Officer
Membership No. A64291
Regulation 32(3) - Statement of Deviation or Variation, if any, in the use of proceeds
Name of the listed entity Network People Services Technologies
Limited
Mode of Fund Raising Preferential allotment
Date of Raising Funds September 05, 2025
Amount Raised Rs. 300.0041 Crore
Report filed for Quarter ended June 30, 2026
Monitoring Agency Yes
Monitoring Agency Name, if applicable CARE Ratings Limited
Is there a Deviation / Variation in use of funds raised There is no Deviation / Variation in use of
funds raised
If yes, whether the same is pursuant to change in Not Applicable
terms of a contract or objects, which was approved by
the shareholders
If Yes, Date of shareholder Approval Not Applicable
Explanation for the Deviation / Variation Not Applicable
Comments of the Audit Committee after review No Comments
Comments of the auditors, if any Not Applicable
Objects for which funds have been raised and where there has been a deviation, in the following
table
Original Object Modified Original Modified Total Amount of Remarks
Object, if Allocation allocation, Fund Deviation/ if Any
any (Rs. In if any Utilised Variation
Crores) till June for the
30, 2026 quarter
(Rs. In according
Crores) to
applicable
object
Global Expansion
and Brand Building
Not Not
Applicable 60.0000 Applicable 10.7862 NIL -
Accelerating
Growth through
Product
Development,
Infrastructure
Enhancement &
Strategic
Acquisition. Not Not
170.0000
Applicable Applicable 16.8661 NIL -
Other Not 70.0041 Not 7.9886 NIL
General Applicable Applicable
Corporate
Purpose
which also
includes
cost of Fund
raising/issue
expenses -
Total 300.0041 35.6409
Deviation or variation could mean:
a) Deviation in the objects or purposes for which the funds have been raised or
b) Deviation in the amount of funds actually utilized as against what was originally disclosed or
c) Change in terms of a contract referred to in the fund-raising document i.e. prospectus, letter of offer,
etc.
Kindly take the aforesaid on your records.
For Network People Services Technologies Limited
Chetna Chawla
Company Secretary and Compliance Officer
Membership No. A64291