NSB BPO Solutions Limited has announced the appointment of new auditors following a board meeting conducted on March 13, 2026. The decisions were made through video conferencing and other audio-visual means, with the meeting lasting from 1:00 PM to 1:30 PM.

Key Auditor Appointments

The board of directors approved two significant auditor appointments based on recommendations from the company's Audit Committee. These appointments align with regulatory compliance requirements under the Companies Act, 2013 and SEBI regulations.

Internal Auditor Profile

M/s Akash Saxena & Co., Chartered Accountants is a registered firm with the Institute of Chartered Accountants of India (ICAI). The firm specializes in providing comprehensive professional services including:

• Internal audit services
• Statutory audit
• Taxation advisory
• Financial advisory services
• Compliance advisory services

The firm brings extensive experience in conducting internal audits, risk assessment, and evaluation of internal financial controls across various industry sectors.

Secretarial Auditor Profile

M/s Piyush Bindal & Associates operates as a sole proprietorship firm of Practicing Company Secretaries based in Bhopal, Madhya Pradesh. The firm's expertise encompasses:

• Corporate laws
• Securities laws
• Secretarial audit
• Corporate governance
• Regulatory compliances

The firm has demonstrated experience in conducting secretarial audits, due diligence processes, corporate restructuring, and providing advisory services under the Companies Act, 2013 and applicable securities laws.

Regulatory Compliance

Both appointments were made in accordance with Section 138 of the Companies Act, 2013 and relevant rules. The company has fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information has been made available on the company's website at www.nsbbpo.com and communicated to the Bombay Stock Exchange.

NSB BPO Solutions Limited has filed its first monitoring agency report for the quarter ended December 31, 2025, demonstrating compliant utilization of funds raised through its initial public offering. The report, submitted to BSE Limited on February 14, 2026, confirms adherence to regulatory requirements under SEBI regulations.

IPO Details and Fund Raising

The company successfully raised funds through a fresh issue of equity shares with the following specifications:

Fund Utilization Framework

Brickwork Ratings India Private Limited serves as the appointed monitoring agency, conducting quarterly reviews of fund deployment. The monitoring process ensures compliance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and verifies that utilization matches the objectives outlined in the offer document.

Allocation of IPO Proceeds

The raised funds were designated for five specific purposes as detailed in the original offer document:

Compliance and Monitoring Results

The monitoring agency report confirms several key compliance aspects. All utilization aligns with disclosures in the offer document, with no material deviations observed. The company has obtained necessary government and statutory approvals related to the stated objectives. No unfavorable events affecting the viability of the projects have been identified during the reporting period.

Unutilized Funds Management

As of December 31, 2025, ₹2.13 crore remains unutilized and is maintained in the IndusInd Bank Public Issue Escrow Account. This amount represents funds yet to be deployed according to the planned timeline for various objectives.

Regulatory Compliance

The report fulfills requirements under Regulation 32(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Regulation 41(2) of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. Company Secretary Anjali Shukla signed the submission, confirming that the information is also available on the company's website at www.nsbbpo.com .