MPS Limited has informed the Exchange about Amalgamation of ADI BPO Services Limited ( ADI BPO ) (Post-demerger of the Infrastructure Management and Investing Business Undertaking of ADI BPO into ADI Holdings Private Limited) into MPS Limited ( the Company ).
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MPS Limited's board, on 18 July 2025, approved a scheme of amalgamation where its holding company, ADI BPO Services Limited, will merge into MPS (after first demerging its infrastructure management and investing business into ADI Holdings Private Limited). Under the scheme, 1,16,90,615 equity shares of MPS will be issued to ADI BPO shareholders; these shares will then be cancelled since ADI BPO currently holds shares in MPS. There will be no change in promoter or public shareholding. The board also approved in-principle transfer of its Swiss subsidiary MPS Europa AG to MPS Interactive Systems Limited to consolidate the eLearning business. Standalone Q1 FY26 revenue rose 23% year-on-year to Rs 9,963 lakhs with profit after tax of Rs 2,875 lakhs (vs Rs 2,714 lakhs in Q1 FY25). Consolidated Q1 FY26 revenue was Rs 18,628 lakhs and PAT was Rs 3,524 lakhs.
The amalgamation is an internal group restructuring to simplify the holding structure and is neutral for existing shareholders since promoter and public shareholding remain unchanged. The Q1 results show healthy revenue growth, particularly in the education solutions segment.