Announced Sat, 22 Aug · 18:15 IST
Unsecured creditors approve MPS-ADIBPO amalgamation scheme
MPSLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Unsecured creditors of MPS Limited approved the Scheme of Amalgamation of ADI BPO Services Limited with MPS Limited at the NCLT-convened meeting on 22 August 2026, with 100 percent votes in favour (13 valid votes representing about 7.11 crore in value) and none against. The scheme now moves to NCLT sanction and other regulatory approvals before becoming effective.
Likely market impact
Positive milestone for the MPS-ADIBPO merger, but final NCLT sanction and other approvals are still required before it takes effect.