“NPST Joins Hand with DCB Bank: Empowering Seamless Online Dispute Resolution.”

the Company is delighted to announce its partnership with DCB Bank by way of securing the contract for the “Development, Implementation, Customization, and Management of Software Solution for
Online Dispute Resolution Solution for various Digital Payment Channels of the Bank.”
The Company has successfully developed and launched the Online Dispute Resolution
mechanism for its Merchants in UPI ecosystem. As per the RBI master Direction to implement the Online dispute resolution for all the digital payments, ODR System is fast and fair in providing ultimate experience for their issuance /grievances.

This ODR solution will reduce the actual TAT and dependency on the batch file processing to
assist the user with the Realtime status of transaction request. It will facilitate expeditiously and
in fair manner for providing ultimate customer experience and trust in services of DCB Bank
without any manual interventions.

https://nsearchives.nseindia.com/corporate/NPST_22022024111925_NSEIntimationDCBBank.pdf

I wrote to their IR email asking for details and explanation on

A) some receivables higher than 3 years and some significant number higher than 1 year

B) impairment policy on receivables

C) why certain investors were chosen for the preference issue when they are not part of the promoter group

no response yet after 10 days. Sent reminder again.

Let’s see

Among other things

1. NEW CEO looks good . Has finastra background so lots of new sales / deals/ product tie ups coming through that ecosystem

2. trejira thing looked fishy BUT THEY Seem to have spun a good story around it

3. not capitalising r and d and routing it through P and L could be a way to write off past sins

4. don’t understand why their products are winning except the corporate lending suite , fx markets and the transport stack. All other new product lines look like they have a small TAM. Still need to read in more detail

Not invested but tracking

Can we source the latest financial statements of DyStar? Couldn’t find it on thier website.
Any update on the fair value of Kiri’s stake in DyStar would be helpful to ascertain the final settlement amount.

Interesting insights about demand supply dynamic and its impact on ARR and occupancy in Lemon Tree Hotels presentation.

Indian Hotels, Lemon Tree Hotels and Samhi Hotels all are saying same thing there is limited supply coming while demand will grow steadily leading to Supply < Demand which will lead to increase in occupancy and that will lead to higher ARR.