NPST appoints Vijay Kumar Singh as Independent Director

1 min read Updated on 01 Jul 2026, 06:03 AM

Reviewed by

Naman SScanX News Team

AI Summary

Network People Services Technologies Limited has appointed Mr. Vijay Kumar Singh as an Independent Director after securing 99.99% shareholder approval through a postal ballot. The resolution, which saw 14,606,759 votes cast in favour, was concluded on June 28, 2026, via remote e-voting managed by NSDL.

*this image is generated using AI for illustrative purposes only.

Network People Services Technologies Limited has secured shareholder approval to appoint Mr. Vijay Kumar Singh as an Independent Director. The special resolution passed with 99.99% of the votes polled during the postal ballot process concluded on June 28, 2026.

The appointment was decided through a remote e-voting process conducted by National Securities Depository Limited (NSDL). The voting window opened on May 30, 2026, and closed on June 28, 2026, with a record date of May 22, 2026, determining shareholder eligibility.

Voting Breakdown

A total of 26 members participated in the e-voting, representing 14,606,759 shares, which constituted 70.05% of the total outstanding shares. The resolution received 14,606,759 votes in favour and 16 votes against.

Category	Votes Polled	% of Votes In Favour	% of Votes Against
Promoter and Promoter Group	12,604,017	100	0
Public Institutions	1,981,315	100	0
Public Non-Institutions	21,427	99.93	0.07
Total	14,606,759	99.99	0.00

Scrutiny and Compliance

Kala Agarwal, a Practicing Company Secretary, served as the Scrutinizer for the postal ballot process. The report confirms that the votes were scrutinized in accordance with Section 108 and 110 of the Companies Act, 2013, and relevant rules. The votes were unblocked on June 29, 2026, in the presence of two witnesses not employed by the company.

The company will make the detailed voting results and the scrutinizer's report available on its website. The appointment of Mr. Vijay Kumar Singh (DIN: 07603392) is effective as per the resolution passed on June 28, 2026.

Historical Stock Returns for Network People Services Tech

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.43%	-5.67%	-4.59%	+18.81%	-21.68%	+1,962.73%

How will Mr. Singh's appointment influence the company's strategic direction and governance policies?

What specific expertise does Mr. Singh bring that aligns with Network People Services Technologies' future growth plans?

Will the company announce any new board committees or leadership roles following this appointment?

Read Next Article

Network People Services Technologies wins UPI TPAP order from Maharatna PSU

0 min read Updated on 23 Jun 2026, 12:14 AM

Reviewed by

Jubin VScanX News Team

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AI Summary

Network People Services Technologies Ltd has received an order from a Maharatna Public Sector Undertaking to develop and implement a UPI Third-Party Application Provider (TPAP) application. The company will serve as the Technology Service Provider (TSP) on a Software-as-a-Service (SaaS) model, which is expected to create a recurring revenue stream. The order was received in the normal course of business, and the disclosure was made to the exchanges on June 22, 2026.

*this image is generated using AI for illustrative purposes only.

Network People Services Technologies Ltd has secured an order from a Maharatna Public Sector Undertaking for the development and implementation of a UPI Third-Party Application Provider (TPAP) application. Under the agreement, the company will act as the Technology Service Provider (TSP). This engagement is expected to establish a recurring revenue stream for the company over the duration of the contract, as the solution will be delivered via a Software-as-a-Service (SaaS) model.

The order was received in the normal course of business. The disclosure was made to the exchanges pursuant to Regulation 30 read with Part A, Para C of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Aspect	Details
Client	Maharatna Public Sector Undertaking
Project	UPI TPAP application development
Role	Technology Service Provider (TSP)
Model	Software-as-a-Service (SaaS)