Board Meeting Details

The Board of Directors meeting was held on August 11, 2026 at 5:00 PM at the registered office in Thane, Maharashtra. The meeting concluded at 6:01 PM.

Key Business Transacted

  • Approved Un-Audited Consolidated and Standalone Financial Results with limited review report for quarter ended June 30, 2026
  • Taken note of monitoring agency report for quarter ended June 30, 2026
  • Approved Statement of Deviation for quarter ended June 30, 2026
  • Approved notice of Annual General Meeting for FY 2025-26
  • Approved components of Annual Report including Management Discussion & Analysis, Secretarial Audit Report, Non-Disqualification Certificate, Business Responsibility and Sustainability Report, and Board Report
  • Considered and approved record date for dividend
  • Considered and approved closure of Register of Members/Share Transfer Books
  • Reconstituted Nomination and Remuneration Committee

Committee Reconstitution

Effective August 11, 2026, the Nomination and Remuneration Committee comprises:

  • Mr. Ram Rastogi - Chairperson
  • Mr. Vijay Kumar Singh - Member
  • Mrs. Panchi Samuthirakani - Member
  • Mr. Deepak Chand Thakur - Member

Standalone Financial Results (Quarter ended June 30, 2026)

Financial Figures in ₹ Lakhs:

  • Revenue from operations: 4,989
  • Other Income: 500
  • Total Income: 5,489
  • Total Expenses: 5,180
  • Profit Before Tax: 1,611
  • Tax Expense: 377
  • Profit for the period: 1,234
  • Other Comprehensive Income: 11
  • Total Comprehensive Income: 1,245
  • Paid-up Equity Share Capital: 2,085 (Face value ₹10 each)
  • Basic EPS: ₹6.22 per share
  • Diluted EPS: ₹6.22 per share

Comparative Standalone Figures

June 30, 2025:

  • Revenue: 3,361
  • Profit for period: 717
  • EPS: ₹3.70

March 31, 2026 (Audited):

  • Revenue: 19,417
  • Profit for year: 4,106
  • EPS: ₹20.70

Consolidated Financial Results (Quarter ended June 30, 2026)

Financial Figures in ₹ Lakhs:

  • Revenue from operations: 5,648
  • Other Income: 494
  • Total Income: 6,142
  • Total Expenses: 5,253
  • Profit Before Tax: 1,593
  • Tax Expense: 369
  • Profit for the period: 1,224
  • Other Comprehensive Income: 8
  • Total Comprehensive Income: 1,232
  • Basic EPS: ₹6.17 per share
  • Diluted EPS: ₹6.17 per share

Subsidiaries Included in Consolidation

1. SSK Citizen Services Private Limited (99.80% holding)

2. Timepay Digital Infotech Private Limited (85.00% holding)

3. NPST Global Solutions LLC (100.00% holding)

Auditor Review

Statutory Auditors M/s. Singhi & Co. conducted limited review of both standalone and consolidated financial results and issued unmodified conclusions.

Statement of Deviation

Preferential Issue Fund Utilization (as of June 30, 2026)

Total Issue Size: ₹300.00 crore

Total Utilized: ₹35.64 crore

Breakdown by Object:

  • Global Expansion and Brand Building: ₹10.79 crore utilized (₹60.00 crore allocated)
  • Accelerating Growth through Product Development: ₹16.86 crore utilized (₹170.00 crore allocated)
  • Other General Corporate Purpose: ₹7.99 crore utilized (₹70.00 crore allocated)

Monitoring Agency Report Findings

CARE Ratings Limited reported:

  • No deviation from objects of preferential issue
  • Commingling of funds observed as unutilized funds were transferred from escrow to current accounts with other business transactions
  • No material deviations from previous report
  • Quarterly utilization of ₹13.50 crore in Q1 FY27

Unutilized Proceeds Deployment

₹264.36 crore invested in fixed deposits with various banks earning interest between 5.50% to 7.65%

Secretarial Audit Report

Kala Agarwal, Practising Company Secretary, issued secretarial audit report with following observations:

  • Company generally complied with applicable laws except for one instance
  • Fine of ₹59,000 (including GST) levied by each stock exchange for not obtaining in-principle approval prior to securities issuance
  • Fines paid to NSE on September 17, 2025 and BSE on September 23, 2025

Key Events During FY2026

  • Incorporated wholly owned subsidiary NPST Global LLC in Dubai on April 24, 2025
  • Migrated from NSE Emerge to Main Board of NSE and BSE effective April 30, 2025
  • Allotted 14,46,500 equity shares on preferential basis on September 5, 2025
  • Allotted ESOPs: 5,350 shares on May 27, 2025 and 8,900 shares on November 12, 2025

Director Non-Disqualification Certificate

All directors confirmed not debarred or disqualified from appointment as directors by SEBI, MCA or any statutory authority.

Investor Complaints

No investor complaints received, disposed, or pending during quarter ended June 30, 2026.