NCLT meeting on Aug 22 2026 for ADI BPO Services amalgamation with MPS
MPSLTD · price
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MPS Limited has called an NCLT-convened meeting of equity shareholders on August 22, 2026 at 10 AM via video conferencing to approve the Scheme of Amalgamation of ADI BPO Services Limited (Transferor) with MPS Limited (Transferee). Both firms share the same Chennai office. NSE and BSE gave no-adverse-observation letters in March 2026. Remote e-voting runs August 19-21, 2026. Approval needs three-fourths majority by value plus majority of public shareholders.
Shareholders will vote on merging ADI BPO Services into MPS. If the scheme clears the shareholder vote and gets NCLT sanction, the two businesses combine into one.