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

MPF Systems Appoints New MD, Shifts Registered Office

AI Summary

MPF Systems Ltd announced key management changes and corporate actions following its Board Meeting on June 20, 2026. The company appointed Mr. Parshottambhai Premjibhai Rupareliya as the new Managing Director, effective immediately. Concurrently, Mr. Sharang Amar Sharma resigned from the position of Managing Director. The board also approved the appointment of Mr. Narendrakumar Laxmanbhai Raval as an Additional Director (Non-Executive Independent). Significant corporate decisions included the relocation of the company's registered office and the alteration of its Memorandum of Association, subject to member approval. The 33rd Annual General Meeting is scheduled for July 14, 2026, with e-voting available from July 11-13, 2026.

Key Highlights

  • Mr. Parshottambhai Premjibhai Rupareliya appointed as new Managing Director.
  • Mr. Sharang Amar Sharma resigns as Managing Director.
  • Registered office to be shifted; MOA alteration approved.
  • 33rd AGM scheduled for July 14, 2026, with e-voting details provided.
  • Mr. Narendrakumar Laxmanbhai Raval appointed as Additional Director.