Network People Services Technologies Limited has announced the resignation of Mr. Abhishek Mishra from his position as Independent Director, effective from close of business hours on April 01, 2026. The company informed both NSE and BSE about this development through a regulatory filing dated April 03, 2026, in compliance with SEBI Listing Regulations.

Resignation Details

Mr. Abhishek Mishra (DIN: 00288274) submitted his resignation via email on April 01, 2026, citing pre-occupation with other professional engagements as the reason for his departure. The resignation became effective immediately from the date of submission.

Regulatory Compliance

The company has fulfilled all regulatory requirements under Regulation 30 of SEBI Listing Regulations. The filing includes comprehensive disclosures as mandated by Schedule III of the regulations and SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Board Acknowledgment

The Board of Directors has placed on record its appreciation for the valuable contribution and guidance provided by Mr. Abhishek Mishra during his tenure as an Independent Director. In his resignation email, Mr. Mishra acknowledged the company's accelerated growth trajectory, which requires increased time involvement at the Board level.

Company Secretary Certification

The regulatory filing was signed by Ms. Chetna Chawla, Company Secretary and Compliance Officer (Membership No: A64291), confirming the accuracy of all disclosed information. The intimation has also been made available on the company's official website at www.npstx.com for public access.

Network People Services Technologies Limited has been awarded an ESG rating of 'A' with a score of 66 by Resurgent ESG Services Private Limited, reflecting the company's strong commitment to sustainable practices and robust governance standards. The assessment, conducted based on FY 2024-25 data, evaluates the fintech company's performance across environmental, social, and governance parameters.

ESG Rating Overview

The comprehensive ESG assessment assigned Network People Services Technologies Limited an overall score of 66, corresponding to an 'A' rating that indicates low risk and good ESG practices. The rating was communicated to the company through an official letter dated March 25, 2026, and subsequently disclosed to stock exchanges on March 26, 2026, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Performance Across ESG Parameters

Governance Excellence

Governance emerged as the strongest pillar in NPST's ESG assessment with a score of 81.6. The company benefits from active board engagement, strong independent director representation on key committees, and transparent disclosures. The appointment of a reputed Big-6 audit firm following main-board listing further strengthens audit quality and regulatory alignment. Management practices are supported by regular earnings calls, whistle-blower mechanisms, anti-corruption disclosures, and Directors' and Officers' insurance.

Social Performance Highlights

The social parameter achieved a score of 71.5, reflecting positive workforce practices and customer responsibility measures. Key highlights include:

• Improving gender diversity with women employees increasing from 20.90% in FY 2023-24 to 27.16% in FY 2024-25
• Comprehensive employee insurance coverage and statutory benefits
• Employee well-being expenditure of ₹4.81 crore in FY 2024-25, equivalent to 2.67% of total revenue
• 100% return-to-work and retention rates post-parental leave
• Zero reported workplace safety incidents
• Established grievance mechanisms and quality management certification

Environmental Management

The environmental score of 23.5 reflects the company's office-based operations and efficient resource management. Despite business expansion leading to increased energy consumption from 350.23 GJ in FY 2022-23 to 649.23 GJ in FY 2024-25, the company achieved a significant 61.7% improvement in energy intensity per rupee of turnover. The company has implemented comprehensive policies covering energy efficiency, water management, and waste reduction.

Company Profile and Operations

Network People Services Technologies Limited is a listed financial technology company based in India, aligned with the Make in India initiative. The company provides UPI and digital banking solutions as both a Technology Service Provider (TSP) and a Payment Platform-as-a-Service (PPaaS) provider. The company successfully migrated from the SME Platform of NSE to the Main Board of both NSE and BSE Limited, effective from April 30, 2025.

Rating Methodology and Assessment

Resurgent ESG Services Private Limited conducted the assessment using their proprietary methodology, evaluating the company's performance based on annual reports, Business Responsibility & Sustainability Report (BRSR), sustainability reports, and relevant policies. The rating reflects a comprehensive evaluation of the company's environmental impact, social responsibility initiatives, and governance practices.

Areas for Enhancement

While achieving a strong 'A' rating, the assessment identified opportunities for further improvement. These include gradual increase in renewable energy use, enhanced outcome-oriented metrics for customer experience, and progressive introduction of a dedicated Board-level ESG committee. The company can also strengthen technology-enabled compliance monitoring and comprehensive SEBI LODR website disclosures.

This ESG rating achievement demonstrates Network People Services Technologies Limited's commitment to sustainable business practices and positions the company favorably among ESG-conscious investors and stakeholders in the rapidly evolving fintech sector.

Source: None/Company/INE0FFK01017/9596158e-49fd-4c0a-91f5-6eb065f6b522.pdf