StockWatch
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Diversified Commercial Services
Management Change20 Jun 2026, 04:20 pm

MPF Systems Appoints New MD, Resigns Existing MD, Shifts Registered Office

AI Summary

MPF Systems Ltd announced significant management changes and corporate actions following a Board of Directors meeting on June 20, 2026. Mr. Parshottambhai Premjibhai Rupareliya has been appointed as the new Managing Director, succeeding Mr. Sharang Amar Sharma, who resigned due to personal and professional reasons. Additionally, Mr. Narendrakumar Laxmanbhai Raval was appointed as an Additional Director (Non-Executive Independent). The company also approved the shifting of its registered office within Mumbai and alterations to its Memorandum of Association, subject to member approval. The 33rd Annual General Meeting is scheduled for July 14, 2026.

Key Highlights

  • New Managing Director appointed; existing MD resigns.
  • Additional Non-Executive Independent Director appointed.
  • Registered office to be shifted within Mumbai.
  • Alteration of Memorandum of Association approved.
  • 33rd AGM scheduled for July 14, 2026.