MPS Limited
MPS is a B2B learning and platform solutions company powering education, and research for corporates. MPS has unlocked a new growth trajectory due to the combined effect of lower attention spans, rapid growth in digital consumption, and the recent advances in AI/ML.
What MPS files
- Others80
- Important30
- Investor Meet26
- Updates14
- Board Meeting13
- JV/Acquisition8
MPS Limited has appointed Mr. Piyush Jain as its new Company Secretary & Compliance Officer, effective 29 August 2026. He will also serve as Nodal Officer. This operational change follows the resignation of Mr. Raman Sapra.
MPS Ltd approved the re-appointment of Mr. Karthik Bhat Khandige as an Independent Director for a second 5-year term. Ms. Ruvina Singh's tenure concluded. The Board also reconstituted its key committees, with Ms. Divya Verma chairing the Nomination and Remuneration Committee, and new members joining other committees.
MPS Limited's Australian step-down subsidiary, App-eLearn Pty Ltd, has been voluntarily de-registered. This non-material subsidiary had no active business operations, so the de-registration has no impact on revenue or company operations.
MPS Ltd. granted 79,009 employee stock options at INR 1,657.70 each, valued at ~13.11 Cr. These options, part of ESOS 2023, vest over 4 years and are exercisable within 5 years of vesting, impacting future dilution and compensation.
MPSLTD received an income tax demand of ₹21.78 Cr for increased assessed income of ₹4.82 Cr. The company believes the demand is inflated due to incorrect tax rate, ₹6.35 Cr interest, and unconsidered ₹1.15 Cr foreign tax credit. They are appealing and anticipate no material financial impact.