MPS Limited has informed the Exchange regarding Change in Auditors of the company.
MPSLTD · price
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MPS Limited reported Q4 and FY2025-26 audited results with an unmodified opinion from Walker Chandiok & Co LLP. Standalone profit after tax for FY26 was INR 13,126 lakhs versus INR 11,116 lakhs in FY25. The Board decided NOT to recommend a final dividend for FY25-26, citing cash deployment towards the Unbound Medicine acquisition (completed 9 February 2026). The company appointed KPMG Assurance and Consulting Services LLP as new Internal Auditors for 3 years starting FY26-27 for both the company and its material subsidiary MPS Interactive Systems Limited. Separately, Walker Chandiok & Co LLP is being re-appointed as Statutory Auditors for a second 5-year term subject to shareholder approval.
No dividend recommendation could disappoint income-focused investors, though retained capital for growth acquisitions may appeal to growth investors. Appointment of KPMG as internal auditors represents a governance change that may bring enhanced internal controls oversight across the group.