Visesh Infotecnics Limited — Important, 28-04-2025: Updates

MPS Infotecnics Limited has addressed concerns regarding its compliance status with the National Stock Exchange. The company asserts that it is largely compliant, although it has faced challenges related to the blocking of beneficial ownership positions by the Depositories (CDSL and NSDL), which has hindered timely submissions required under Listing Regulations. Key areas of non-compliance include the non-submission of shareholding patterns and annual reports, alongside issues regarding board composition and delays in payment of listing fees. The company has filed a Writ Petition with the Delhi High Court regarding these disputes. In a recent board meeting, directors acknowledged the ongoing discussions with the exchange and approved the communication to address compliance matters. Investors should monitor developments closely, as these issues may impact the company’s operational standing and strategic initiatives going forward.