
Corporate Action19 Sept 2026, 09:30 am
MPS Ltd: NCLT Approves Scheme of Amalgamation with ADI BPO
AI Summary
MPS Limited announced that the National Company Law Tribunal (NCLT), Chennai Bench, has passed an order approving the Scheme of Amalgamation between ADI BPO Services Limited (Transferor Company) and MPS Limited (Transferee Company). The NCLT took on record the reports confirming the approval of the Scheme by the Equity Shareholders and Unsecured Creditors of MPS Limited in meetings held on August 22, 2026. The tribunal has also directed notices to be served upon statutory and regulatory authorities for any potential representations. The company received the certified copy of the order on September 18, 2026, and is making this announcement promptly.
Key Highlights
- NCLT Chennai approves the Scheme of Amalgamation between ADI BPO and MPS Limited.
- Scheme approved by Equity Shareholders and Unsecured Creditors of MPS Limited.
- NCLT directs notices to statutory and regulatory authorities.
- Amalgamation process moves forward following NCLT order.
Price Impact
More from MPSLTD