MPS Limited Shareholders Convened for Meeting Regarding Amalgamation of ADI BPO Services Limited
MPS Limited is scheduled to convene a meeting of its equity shareholders to consider the proposed amalgamation of ADI BPO Services Limited with the company. The meeting is being held in compliance with the directions issued by the National Company Law Tribunal (NCLT), Chennai Bench, following an order dated 02 July 2026.The purpose of the shareholder meeting is to consider and, if thought fit, approve the proposed Amalgamation Scheme. This proposal involves the amalgamation of ADI BPO Services Limited with MPS Limited, as stipulated under Sections 230 to 232 of the Companies Act, 2013.
The meeting, which will take place through Video Conference (VC) or other Audio-Visual Means (OAVM), is scheduled for Saturday, 22 August 2026 at 10:00 A.M. (IST).
Key operational details regarding the shareholders' meeting and related processes are provided below:
| Particulars | Details |
|---|---|
| Meeting Date & Time | Saturday, 22 August 2026 at 10:00 A.M. (IST) through Video Conferencing |
| Cut-off date for e-Voting | Monday, 17 August 2026 |
| Remote E-voting Commencement | Wednesday, 19 August 2026 at 09:00 AM IST |
| Remote E-voting Conclusion | Friday, 21 August 2026 at 05:00 PM (IST) |
The notice of the meeting provides shareholders with comprehensive details regarding the procedure for speaker registration, e-voting, and how to join the NCLT convened Shareholders Meeting. The proposed Scheme aims to amalgamate ADI BPO Services Limited with MPS Limited under the relevant provisions of the Companies Act.
MPSLTD Stock Price Movement
MPS Limited surged on Wednesday as its shares rallied 20.00%, closing at ₹2564.5 after a strong session. This impressive performance propelled the stock to its 52-week high, with over 1.2 million shares traded during the trading period.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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