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Merger22 Jul 2026, 11:20 pm

MPS Ltd Creditors Meeting for Amalgamation Scheme on Aug 22

AI Summary

MPS Ltd has announced a meeting of its unsecured creditors scheduled for Saturday, August 22, 2026, at 11:30 AM IST, to be held via Video Conferencing/Other Audio-Visual Mode (VC/OAVM). This meeting is convened pursuant to an order from the National Company Law Tribunal (NCLT), Chennai Bench, dated July 02, 2026. The purpose is to seek approval for the proposed Scheme of Amalgamation of ADI BPO Services Limited (Transferor Company) with MPS Limited (Transferee Company). The notice, along with an explanatory statement and annexures, is being dispatched to eligible unsecured creditors on July 22, 2026. The company has also provided facilities for remote e-voting and e-voting during the meeting through CDSL.

Key Highlights

  • Unsecured creditors meeting scheduled for August 22, 2026.
  • Meeting to approve the amalgamation scheme of ADI BPO Services with MPS Ltd.
  • Convened as per NCLT Chennai Bench order dated July 02, 2026.
  • Remote e-voting facility available for creditors.
  • Notice dispatched on July 22, 2026, to eligible creditors.