MPS Limited has informed the Exchange about Resignation of Director/KMP/SMP
MPSLTD · price
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Mr. Sreenivas Trichy Venkatraman (Sreenivas T.V.) has tendered his resignation from the position of Chief Operating Officer at MPS Limited. He is designated as Senior Management Personnel (KMP). The resignation was submitted on May 5, 2026, and will be effective from the close of business hours on August 3, 2026. The company has accepted his resignation. In his farewell email, Mr. Sreenivas thanked the organisation and expressed appreciation for the opportunity to be part of the company. The COO departure comes with approximately 3 months of notice period before it takes effect.
The resignation of a senior executive like the COO signals potential leadership transition risks and operational uncertainty, which could concern investors in the short term. However, the 3-month notice period provides time for a smooth handover.