MPS Ltd

MPS announces proposed investment in Element, LLC On 10 May 2013 MPS has announced that it has entered into a binding membership purchase agreement with Element, LLC, for the acquisition of 100% of the units of Element, LLC for an aggregate consideration of approximately Rs10 crore. The proposed transaction is subject to the fulfillment of certain conditions precedent that includes the receipt of regulatory approvals. The acquisition of Element, LLC will enhance MPS presence in the US educational publishing market.

MPS declares second interim dividend Of 50% The board of MPS in its meeting on 14 February 2013 has declared second interim dividend at the rate of Rs 5 per share (50%) on paid up equity capital of the company.

MPS to consider interim dividend Board meeting on 14 February 2013 The board meeting of MPS will be held on 14 February 2013 to consider the unaudited financial results for the quarter and nine months ended 31 December 2012 and to consider declaration of interim dividend.

MPS appoints chief financial officer MPS has announced that Sunit Malhotra has joined the company as chief financial officer of the company. He will be responsible for all finance & accounts and investor relations related matters.

MPS to consider interim dividend Board meeting on 09 November 2012 The board meeting of MPS will be held on 09 November 2012 to consider and take on record the unaudited financial results for six months period ended 30 September 2012 and to consider declaration of interim dividend.

MPS recommends final dividend Of 20% The board of MPS in its meeting on 28 May 2012 has recommended final dividend at the rate of Rs 2 per share (20%).

MPS to announce financial results Board meeting on 28 May 2012 The board meeting of MPS will be held on 28 May 2012 to consider the audited financial results for 15 months ending on 31 March 2012 and to consider declaration of final dividend, if any.

MPS declares interim dividend Of Rs 2 per share The board of MPS in its meeting on 03 February 2012 has declared interim dividend at the rate of Rs 2 per share.

MPS to consider interim dividend Board meeting on 03 February 2012 The board meeting of MPS will be held on 03 February 2012 to consider the unaudited financial results for the 12 months ended 31 December 2011 and to consider interim dividend.

MPS` chairman resigns MPS has announced that Lawrence Jennings, chairman and Hanson Farries, director of the company, representing HM Publishers, UK has resigned consequent to change of control of the company: The board at its meeting on 17 January 2012 has accepted their resignations.

MPS appoints additional director With effect from 07 December 2011 MPS has announced that Nishith Arora, director of ADI BPO Services Pvt Ltd has been appointed as an additional director on the board effective from 07 December 2011.

MPS` CFO resigns MPS has announced that Gautam Mukherjee has resigned from the position of CFO due to personal reasons. He will continue to serve the company till end of January 2012.

Hon`ble High Court sanctions scheme of amalgamation of MPS MPS has announced that the Hon`ble High Court at Madras has sanctioned the scheme of amalgamation whereby the wholly owned subdiaries namely MPS Content Services, MPS Technologies and MPS Content Services Inc will now stand merged with the company.

MPS board approves scheme of amalgamation On 10 January 2011 The board of MPS in its meeting on 10 January 2011 has approved the amalgamation of MPS Content Services India Pvt Ltd, MPS Technologies and MPS Content Service, Inc. with the company, in terms of the scheme of amalgamation of the transferor companies with the company, subject to (a) the approval of the shareholders and creditors of the company, (b) the sanction of the Scheme by the High Court of Judicature at Madras ("the Court") pursuant to the provisions of Sections 391 to 394 of the Companies Act, 1956, including any amendments thereto or re-enactments thereof ("the Act"), and (c) approval of any other necessary authorities/bodies in India and USA.

MPS to hold board meeting On 10 January 2011 The board meeting of MPS will be held on 10 January 2011 to consider the merger of all its subsidiaries with the company including the subsidiary in USA.

MPS to hold board meeting On 22 December 2010 The board meeting of MPS will be held on 22 December 2010 to consider the merger of all its subsidiaries with the company including the subsidiary in USA.

MPS' director resigns With effect from 29 July 2010 The board of MPS in its meeting on 29 July 2010 has accepted the resignation of R R Chari, independent director of the company.