MPS Limited Re-constitutes Board Committees, Appoints New Chairpersons
MPS Limited has re-constituted its Board Committees effective March 31, 2026. Mr. Suhas Khullar is the new Chairperson of the Stakeholders' Relationship Committee. Mr. Karthik Bhat Khandige joins the Risk Management Committee, and Ms. Jayantika Dave joins the Corporate Social Responsibility Committee.
Re-constitution of board committees is a routine administrative and governance activity. While important for corporate structure, it typically has a minimal direct impact on the company's day-to-day operations, financial results, or stock performance unless it signals a significant shift in strategy or oversight.
The announcement pertains to routine changes in board committee compositions, which are standard corporate governance procedures and do not inherently indicate a positive or negative development for the company's financial performance or operational outlook.
MPS Limited announced on March 31, 2026, the re-constitution of its Board Committees. The Board of Directors has approved the appointment of Mr. Suhas Khullar as the new Chairperson and Member of the Stakeholders’ Relationship Committee.
Additionally, Mr. Karthik Bhat Khandige has been appointed as a Member of the Risk Management Committee, and Ms. Jayantika Dave has joined as a Member of the Corporate Social Responsibility Committee. These changes are effective from March 31, 2026.
The updated composition of the Stakeholders’ Relationship Committee includes Mr. Suhas Khullar as Chairperson, Ms. Ruvina Singh as Member, and Mr. Rahul Arora as Member. The Risk Management Committee will be chaired by Mr. Rahul Arora, with Mr. Karthik Bhat Khandige and Mr. Suhas Khullar as Members. The Corporate Social Responsibility Committee will be chaired by Mr. Rahul Arora, and its members will include Ms. Jayantika Dave and Ms. Ruvina Singh. The revised committee compositions will be available on the company's website, www.mpslimited.com, in the Investors section.
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MPS Limited filed this with the NSE as a statutory disclosure, categorised under board changes. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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