News

MPS Limited announced the appointment of Mr. Piyush Jain as Company Secretary & Compliance Officer and Nodal Officer, effective August 29, 2026, following the resignation of Mr. Raman Sapra, which will be effective August 28, 2026. The appointment was approved by the Board of Directors at a meeting held August 25, 2026, based on the recommendation of the Nomination & Remuneration Committee. Mr. Jain previously worked at R Systems International Limited and DLF Limited, and his profile and other related disclosures are available in Annexure-A on the company’s website, www.mpslimited.com.

MPS Limited convened a meeting of its equity shareholders on August 22, 2026, via video conferencing following an order from the National Company Law Tribunal, Chennai Bench, to seek approval for the Scheme of Amalgamation of ADI BPO Services Limited, a holding company of MPS Limited, with MPS Limited. Approximately 36 shareholders attended the meeting, where a resolution to approve the amalgamation was proposed, and shareholders had the opportunity to raise queries and cast votes electronically. The results of the vote, along with a report from the appointed scrutinizer, Kishore Prakash, will be submitted to the National Company Law Tribunal, the stock exchanges, and the Registrar of Companies.

MPS North America LLC (MPS NA), a Florida limited liability company and a subsidiary of MPS ( Company), has entered into an Agreement and Plan of Merger with American Journal Experts, LLC, North Carolina (AJE-NC) and American Journal Experts, LLC, Delaware (AJE-DE), for undertaking a two-step merger transaction.The merger is undertaken in the following two steps:1. First Merger � Merger of AJE-NC with and into AJE-DEAJE-NC has merged with and into AJE-DE, with AJE-DE continuing as the surviving entity. The First Merger became effective on 01 August 2026. Upon the effectiveness of the First Merger, the separate existence of AJE-NC ceased, and AJE-DE, as the surviving entity, succeeded to and assumed all the rights, privileges, powers and assets of AJE-NC, as well as its debts, liabilities and obligations, in accordance with applicable law and the terms of the Agreement and Plan of Merger.2. Second Merger � Merger of AJE-DE with and into MPS North America LLC Pursuant to the effectiveness of the First Merger, AJE-DE will merge with and into MPS North America LLC, with MPS North America LLC continuing as the final surviving entity. The Second Merger is proposed to become effective in accordance with the terms of the Agreement and Plan of Merger and applicable law. Upon effectiveness of the Second Merger, the separate existence of AJE-DE shall cease and MPS North America LLC, as the surviving entity, shall succeed to and assume the rights, privileges, powers and assets of AJE-DE, including those acquired by AJE-DE pursuant to the First Merger, together with all debts, liabilities and obligations of AJE-DE. The effectiveness of the Second Merger shall be intimated to the Stock Exchanges in due course in accordance with the applicable regulatory requirements.Accordingly, upon completion of the aforesaid two-step merger, MPS North America LLC is proposed to be the final surviving entity, with the business, assets, rights, liabilities and obligations of AJE-NC and AJE-DE being consolidated into MPS North America LLC in accordance with applicable law and the terms of the Agreement and Plan of Merger.

MPS announced that the 56th Annual General Meeting(AGM) of the company will be held on 4 September 2026.

Net profit of MPS rose 42.99% to Rs 50.39 crore in the quarter ended June 2026 as against Rs 35.24 crore during the previous quarter ended June 2025. Sales rose 20.38% to Rs 224.24 crore in the quarter ended June 2026 as against Rs 186.28 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales224.24186.28 20 OPM %34.3227.00 - PBDT78.7457.14 38 PBT69.8350.13 39 NP50.3935.24 43 Powered by Capital Market - Live News