Network People Services Technologies Ltd
๐ Equity Shares Listing Approval Update
โก๏ธ Quick Scoop
โข 14,46,500 equity shares allotted on preferential basis
โข Shares face value โน10 each
โข BSE approved listing on Nov 27, 2025
โข Shares are fully paid-up and now officially listed
๐ง ๐กDeepDive
๐ Equity Shares Listing Approval Update
๐ What Happened?
Network People Services Technologies Limited received official approval from BSE (Bombay Stock Exchange) for the listing of 14,46,500 equity shares allotted on a preferential basis. This approval was granted on November 27, 2025.
๐ก Understanding Preferential Allotment
Preferential allotment is when a company issues shares directly to selected investors, rather than through the open market. It's a common way to raise funds or bring in new strategic partners quickly.
๐ข Details of the Shares:
- Number: 14,46,500 shares
- Face Value: โน10 per share
- Payment Status: Fully paid-up shares (investors have paid full amount)
๐ What Does Listing Mean?
Listing means these shares are now officially recognized and can be traded on the stock exchange, providing liquidity to shareholders who received these shares preferentially.
๐ Why Can This Matter?
- Indicates successful capital raise via preferential issue.
- Shares listed on BSE allow investors to trade these shares.
- Market gets updated about increase in companyโs equity capital.
๐ Neutral Viewpoint:
This news provides an update on companyโs share capital changes and listing status. It does not directly comment on financial performance or outlook, thus being a neutral procedural update.