MPS Limited Board Re-appoints Suhas Khullar, Approves Registered Office Shift
MPS Limited's Board approved the re-appointment of Mr. Suhas Khullar as Independent Non-Executive Director for a second five-year term from January 1, 2026, to December 31, 2030. The Board also approved shifting the registered office effective April 1, 2026. Both require shareholder approval.
The re-appointment of an independent director with a strong track record is positive for corporate governance. The shifting of the registered office is a procedural change that might have operational implications but is unlikely to have a significant immediate financial impact.
The re-appointment of a key director and the approval for shifting the registered office are positive developments for the company's governance and operations.
MPS Limited announced that its Board of Directors, in a meeting held on 24 December 2025, has approved the re-appointment of Mr. Suhas Khullar as an Independent Non-Executive Director for a second term of five years, effective from 01 January 2026 to 31 December 2030. This re-appointment is subject to shareholder approval.
Additionally, the Board has approved the shifting of the Company's Registered Office from Guindy, Chennai to Perungalathur, Chennai. This move will take effect from 01 April 2026, also subject to shareholder approval. The Board also approved the Notice of Postal Ballot for both these proposals and appointed Mr. R Sridharan as Scrutinizer for the remote e-voting process.
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MPS Limited filed this with the NSE as a statutory disclosure, categorised under board meeting. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by MPS Limited. Read the original for the full detail.