tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Network People Services Technologies Clarifies Preferential Share Issue Details

Story Highlights
Network People Services Technologies Clarifies Preferential Share Issue Details

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Network People Services Technologies Limited ( (IN:NPST) ) has provided an update.

Network People Services Technologies Limited has issued a clarification regarding a proposed preferential issue of 14,46,500 shares. The company addressed several points raised by the National Stock Exchange of India, including the rectification of a PCS Certificate with an attached Valuation Report, interim use of funds, and changes in the shareholding pattern. The company confirmed that neither it nor its promoters or directors are classified as willful defaulters or fraudulent borrowers, and that the proposed allottee is eligible for the preferential allotment under statutory laws.

More about Network People Services Technologies Limited

Average Trading Volume: 2,121

Current Market Cap: 45.49B INR

See more data about NPST stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1