Network People Services Technologies Limited held its 13th Annual General Meeting (AGM) on September 28, 2026, approving a final dividend of ₹2 per equity share of face value ₹10 each for FY26.

The meeting, conducted via Video Conferencing (VC) and Other Audio-Visual Means (OAVM), saw the adoption of audited standalone and consolidated financial statements for the year ended March 31, 2026. Additionally, shareholders approved the re-appointment of Mr. Deepak Chand Thakur as Director, who retired by rotation and offered himself for re-election.

Strategic updates and global expansion

During the address, Chairman and Managing Director Deepak Chand Thakur highlighted the company's ongoing transition toward a SaaS-driven and technology-led business model. He detailed the launch of the Bank-in-a-Box platform earlier in the year, describing it as a future-ready solution. Thakur also emphasized the positive impact of Merchant Discount Rate (MDR) on the company’s business operations.

A key update involved the company’s wholly owned subsidiary in Dubai, which is now fully functional. Management stated this entity will play an instrumental role in achieving global business targets. Furthermore, the company is undertaking significant internal initiatives in AI transformation to enhance operational efficiency.

AGM proceedings and attendance

The quorum was present, with 39 members attending through Video Conferencing. The breakdown of attendees included four from the promoter and promoter group and 35 public shareholders. Ms. Chetna Chawla, Company Secretary and Compliance Officer, commenced the meeting and briefed shareholders on financial performance. Three registered speakers were invited but did not attend when called upon.

Remote e-voting commenced on September 23, 2026, and concluded on September 27, 2026. Ms. Kala Agarwal, Practicing Company Secretary, served as the scrutinizer for the voting process.

Key resolutions passed

The following ordinary business items were transacted and approved via e-voting:

• Adoption of Audited Standalone Financial Statements for FY26, along with Board and Auditor reports.
• Adoption of Audited Consolidated Financial Statements for FY26, along with Auditor report.
• Declaration of final dividend of ₹2 per equity share for FY26.
• Re-appointment of Mr. Deepak Chand Thakur (DIN: 06713945) as Director in place of himself, retiring by rotation.

The meeting concluded at 12:55 pm with a vote of thanks.

Network People Services Technologies Ltd has been assigned an A+ ESG rating with a score of 72.90 by Resurgent ESG Services Private Limited for the financial year ending March 31, 2026. This rating places the fintech company in the "Leader" category, reflecting minimal risk and strong sustainability practices.

The assessment marks a significant improvement from the company's previous score of 66 (Grade A) for the prior period, representing a year-on-year increase of 6.9 points. The rating is based on data derived from the company's Business Responsibility and Sustainability Report (BRSR) and annual disclosures for FY26.

Component scores and performance

The overall score is weighted across three pillars: Environmental (20%), Social (40%), and Governance (40%). The company demonstrated exceptional strength in Governance and Social metrics, while the Environmental score remained lower due to its service-sector operational profile.

Governance and social highlights

The Governance score of 86.05 reflects a structured board framework with three independent directors and active committee oversight. Key strengths include ISO 27001:2022 and ISO 22301:2019 certifications, which support information security and business continuity, critical for its payment solutions business. Additionally, the company maintains Directors & Officers (D&O) insurance and integrates ESG risks into its broader risk management framework.

On the social front, the score of 82.77 is supported by comprehensive employee welfare initiatives. Notable practices include a 100% return-to-work rate following parental leave and employee well-being expenditure amounting to 2.33% of total revenue. The company also reported zero lost-time injuries or work-related fatalities during the reporting period.

Environmental metrics and gaps

The Environmental score of 26.83 reflects the low physical footprint typical of office-based fintech operations but highlights areas for improvement. Total energy consumption rose to 674.45 GJ in FY26 from 649.23 GJ in FY25. However, energy intensity per rupee of turnover improved by 7.33%, indicating better efficiency despite growth.

Water consumption increased to 3,013 KL in FY26 from 2,421 KL in FY25. While waste generation remains minimal at 0.18 MT, e-waste specifically rose by 17.73% to 0.17 MT, driven by IT infrastructure upgrades. The company currently reports 0% renewable energy usage and no Scope 3 emissions assessment, which are identified as key areas for future enhancement.

What the numbers show

A divergence exists between the company's strong governance/social scores and its environmental metrics. While the Social pillar benefits from high retention and welfare spending, the Environmental pillar is constrained by a lack of renewable energy adoption and Scope 3 visibility. The improvement in energy intensity (7.33%) suggests operational efficiency gains are outpacing absolute energy growth, yet the absence of time-bound environmental targets limits the potential for further score elevation in this category.