Description

1,446,500 new equity shares of Network People Services Technologies Limited listed on BSE via preferential allotment to non-promoters at Rs. 2,074 per share, effective December 11, 2025.

Summary

BSE has approved the listing and trading of 1,446,500 new equity shares of Network People Services Technologies Limited (Scrip Code: 544396) issued through preferential allotment to non-promoters. The shares will commence trading from December 11, 2025, at an issue price of Rs. 2,074 per share (face value Rs. 10 with premium of Rs. 2,064). All shares are subject to lock-in until June 14, 2026.

Key Points

  • 1,446,500 equity shares of Rs. 10 face value issued at Rs. 2,074 per share
  • Issued to non-promoters on preferential basis
  • Shares rank pari-passu with existing equity shares
  • Distinctive Numbers: 19395251 to 20841750
  • Date of Allotment: September 5, 2025
  • ISIN: INE0FFK01017
  • Complete lock-in period until June 14, 2026 for all shares

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members must note the new securities for trading operations
  • Lock-in restrictions must be enforced until June 14, 2026
  • All 1,446,500 shares under distinctive numbers 19395251 to 20841750 are subject to lock-in

Important Dates

  • Allotment Date: September 5, 2025
  • Trading Commencement: December 11, 2025 (Thursday)
  • Lock-in Expiry: June 14, 2026
  • Notice Date: December 10, 2025

Impact Assessment

This is a routine corporate action with minimal market impact. The preferential allotment represents capital raising activity by Network People Services Technologies Limited. The lock-in period of approximately 6 months from listing ensures stability in the shareholder base. Trading members should update their systems to reflect the increased share capital and track lock-in compliance. The shares ranking pari-passu ensures equal rights with existing shareholders.

Impact Justification

Routine listing of preferential shares representing minor dilution with standard lock-in period