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 .

NSB BPO Solutions Limited has officially notified BSE Limited regarding the update of its Corporate Identification Number (CIN) following its successful listing on the BSE SME platform. The notification, dated February 10, 2026, marks an important administrative milestone for the Bhopal-based business process outsourcing company.

CIN Update Details

The company's CIN has been changed from U74140MP2005PLC017539 to L74140MP2005PLC017539, reflecting its new status as a listed entity. This update was processed by the Registrar of Companies, Gwalior, following the company's listing on BSE SME w.e.f. October 10, 2025.

Company Profile and Financial Position

NSB BPO Solutions Limited, incorporated on April 25, 2005, operates as a public company limited by shares under the ROC Gwalior jurisdiction. The company maintains its registered address at Plot No. 13, Railway Colony, E-8, Arera Colony, Trilanga, Bhopal, Madhya Pradesh.

Corporate Governance Structure

The company maintains a robust governance structure with eight key personnel across various positions:

Executive Leadership:

• Vikrant Singhal - Managing Director (appointed 29/04/2005)
• Rajiv Kumar Puri - Whole-time Director (appointed 29/04/2005)
• Narendra Singh Bapna - Director (Promoter category, appointed 01/12/2023)

Independent Directors:

• Pranay Patel (appointed 21/02/2024)
• Manisha Agrawal (appointed 21/02/2024)
• Rahul Kalra (appointed 21/02/2024)

Key Management Personnel:

• Santosh Rao Dongre - Chief Financial Officer (appointed 26/12/2023)
• Anjali Shukla - Company Secretary (appointed 15/12/2023)

Regulatory Compliance and Charges

The company maintains active compliance status with regulatory authorities. The MCA records show one active charge with Yes Bank Limited for ₹31,05,50,000 created on December 26, 2022. Several previous charges with various financial institutions including Axis Bank Limited and Milestone Trusteeship Services Private Limited have been satisfied between 2023.

Administrative Updates

The company has requested BSE Limited to update the revised CIN details in their records and corporate information section. Additionally, this disclosure will be hosted on the company's official website at nsbbpo.com for stakeholder reference. The notification was signed by Company Secretary Anjali Shukla and includes the updated master data from the Ministry of Corporate Affairs website as supporting documentation.