StockWatch
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Diversified Commercial Services
Board Meeting20 Jun 2026, 04:30 pm

MPF Systems Board Approves MD Change, Office Shift, MOA Alteration

AI Summary

MPF Systems Ltd announced key decisions from its Board of Directors meeting held on June 20, 2026. The company approved the appointment of Mr. Parshottambhai Premjibhai Rupareliya as Managing Director and accepted the resignation of Mr. Sharang Amar Sharma. Additionally, Mr. Narendrakumar Laxmanbhai Raval was appointed as an Additional Director (Non-Executive Independent). The Board also consented to shift the company's registered office and approved the alteration of the 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

  • New Managing Director appointed; previous MD resigns.
  • Registered office to be shifted to a new Mumbai location.
  • Alteration of Memorandum of Association approved.
  • 33rd AGM scheduled for July 14, 2026, with e-voting.
  • New Independent Director appointed to the Board.