StockWatch
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E-Learning
Subsidiary14 May 2026, 10:21 pm

MPS Ltd: App-eLearn Pty Ltd (Australia) De-Registered

AI Summary

MPS Ltd announces the voluntary de-registration (strike-off) of its step-down subsidiary, App-eLearn Pty Ltd (Australia), effective May 13, 2026. App-eLearn had no active business operations and was not a material subsidiary. The de-registration will not impact the company's revenue, operations, or business activities. This action complies with SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Key Highlights

  • App-eLearn Pty Ltd, a step-down subsidiary of MPS Ltd, has been voluntarily de-registered.
  • The de-registration is effective from May 13, 2026, in accordance with Australian law.
  • App-eLearn Pty Ltd had no active business operations and was not a material subsidiary.
  • The de-registration does not impact MPS Ltd's revenue, operations, or business activities.
  • The company has complied with SEBI regulations regarding the de-registration.