MPS Limited has informed the Exchange regarding Cessation of Mr Raman Sapra as Company Secretary & Compliance Officer of the company w.e.f. August 28, 2026.
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Mr. Raman Sapra has tendered his resignation from the position of Company Secretary, Compliance Officer (Key Managerial Personnel), and Nodal Officer of MPS Limited. The resignation, submitted on May 29, 2026, is effective from the close of business hours on August 28, 2026. Sapra cited personal reasons for his departure and mentioned he will serve the applicable notice period of 3 months to ensure a smooth transition. He had been associated with the company since September 2022. Chairman & CEO Rahul Arora acknowledged the resignation, and the company has filed this intimation under SEBI Listing Regulations, 2015.
The departure of a Key Managerial Personnel (KMP) responsible for compliance and secretarial functions may raise governance concerns for investors, especially during the transition period. Shareholders should monitor for the appointment of a replacement to maintain regulatory compliance.