StockWatch
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Diversified Commercial Services
Management Change20 Jun 2026, 04:31 pm

MPF Systems Appoints New MD, Shuffles Directors

AI Summary

MPF Systems Ltd announced significant management changes following a Board of Directors meeting on June 20, 2026. The company has appointed Mr. Parshottambhai Premjibhai Rupareliya as the new Managing Director, effective the same date. Concurrently, Mr. Sharang Amar Sharma has resigned from the position of Managing Director due to personal and professional reasons. Additionally, Mr. Narendrakumar Laxmanbhai Raval has been appointed as an Additional Director in the Non-Executive Independent category. The Board also approved the relocation of the registered office, alteration of the Memorandum of Association, and set the 33rd Annual General Meeting for July 14, 2026.

Key Highlights

  • Mr. Parshottambhai Premjibhai Rupareliya appointed as new Managing Director.
  • Mr. Sharang Amar Sharma resigns as Managing Director.
  • Mr. Narendrakumar Laxmanbhai Raval appointed as Additional Director.
  • Registered office relocation and MOA alteration approved.
  • 33rd AGM scheduled for July 14, 2026.