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Corporate Governance29 Jul 2026, 07:41 pm

MPS Ltd Reconstitutes Board Committees, Reappoints Director

AI Summary

MPS Limited announced changes to its Board Committees following the completion of Ms. Ruvina Singh's tenure as an Independent Non-Executive Director. Mr. Karthik Bhat Khandige has been re-appointed as an Independent Non-Executive Director for a second five-year term, subject to shareholder approval. Concurrently, Ms. Divya Verma has been appointed Chairperson of the Nomination and Remuneration Committee (NRC), and Mr. Karthik Bhat Khandige joins as a Member. The Stakeholders' Relationship Committee (SRC) and Corporate Social Responsibility Committee (CSR Committee) also saw changes in their composition.

Key Highlights

  • Karthik Bhat Khandige re-appointed as Independent Director for 5 years.
  • Divya Verma appointed Chairperson of Nomination and Remuneration Committee.
  • Board committees reconstituted following director's tenure completion.
  • Changes effective from July 30, 2026, pending shareholder approval.