MPS Limited — Others, 01-04-2025: Shareholders meeting

MPS Limited has announced the results of its recent Postal Ballot process, where shareholders approved four key resolutions. Notably, the company secured consent for a capital raising proposal of up to ₹300 crore, a change in terms regarding the remuneration of CEO Rahul Arora, and the appointments of Ms. Divya Verma and Ms. Jayantika Dave as directors. Each resolution passed with a substantial majority, enhancing MPS's financial strategy and governance structure. The positive reception from shareholders may strengthen investor sentiment, reflecting confidence in the company’s direction and leadership.