MPF Systems Limited has accepted the resignation of Vivek Kishorbhai Patoriya as an Independent Director, effective June 30, 2026. The resignation, attributed to personal and professional reasons, was communicated to the stock exchanges in a regulatory filing. The company confirmed that there are no other material reasons for the departure beyond those stated in the resignation letter.

The disclosure was made in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Parshottambhai Premjibhai Rupareliya, Managing Director of mpf systems , signed the intimation sent to BSE Limited.

Resignation Details

The filing provided specific details regarding the cessation of the director's role. The following table outlines the key particulars of the change:

The resigning director confirmed that he does not hold directorships in any other listed entities. He also verified that there are no other material reasons for his resignation apart from those provided in his letter. The company has requested the exchange to take the information on record.

MPF Systems will close its register of members and share transfer books from July 8, 2026, to July 14, 2026, for its 33rd Annual General Meeting (AGM). The company has set July 7, 2026, as the record date to determine shareholder eligibility. The AGM is scheduled for July 14, 2026, at 12:00 P.M. at the registered office in Goregaon West, Mumbai. The company published the notice for this meeting in Active Times (English) and Mumbai Lakshdeep (Marathi) on June 25, 2026.

The meeting will seek shareholder approval for the appointment of Parshottambhai Premjibhai Rupareliya as Managing Director for a term of five years, effective June 20, 2026. The Board has also proposed altering the company’s Memorandum of Association to include travel and tourism business activities, subject to member approval via Special Resolution. The agenda includes the adoption of audited financial statements for the year ended March 31, 2026.

Shareholders will vote on the re-appointment of Kurjibhai Premjibhai Rupareliya as Director, who retires by rotation. The meeting also seeks to regularize the appointments of Nidhi Prashant Joshi and Narendrakumar Laxmanbhai Raval as Independent Directors. Joshi was appointed as an Additional Director on April 16, 2026, while Raval was appointed on June 20, 2026.

The Board has appointed M/s Pooja M Patel & Associates as the Secretarial Auditor for a term of five years, commencing from the financial year 2026-27. The company has engaged National Securities Depository Limited (NSDL) to facilitate remote e-voting. The remote e-voting period commences on July 11, 2026, at 09:00 A.M. and concludes on July 13, 2026, at 05:00 P.M.

Key Appointments for Approval

AGM and E-Voting Schedule