MPF Systems Limited held its 33rd Annual General Meeting on July 14, 2026, at its registered office in Mumbai, adopting the audited financial statements for the year ended March 31, 2026. The meeting, chaired by Managing Director Mr. Parshottambhai Premjibhai Rupareliya, commenced at 12:00 P.M. and concluded at 1:00 P.M. with the requisite quorum present. The proceedings were conducted pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.

The facility for remote e-voting was provided by NSDL, allowing members to exercise their votes from July 11, 2026, up to July 13, 2026. The voting rights were reckoned as on July 07, 2026. The Chairman affirmed that all feasible efforts were made to enable member participation. The scrutinizer's report, submitted by Pooja Manthan Patel of Pooja M Patel & Associates, confirmed that all resolutions were passed with the requisite majority.

Ordinary Business

Shareholders transacted several items of ordinary business during the meeting. The primary agenda included the consideration and adoption of the audited financial statements for the year ended March 31, 2026, along with the reports of the Board of Directors and the Auditors. Additionally, the meeting approved the appointment of a director in place of Mr. Kurjibhai Premjibhai Rupareliya (DIN: 05109049), who retires by rotation and was eligible for re-appointment.

Special Business

The AGM also addressed special business items, resulting in key governance decisions. The appointments included Mr. Parshottambhai Premjibhai Rupareliya (DIN: 02944037) as Managing Director and the appointment of a Secretarial Auditor. Furthermore, the meeting ratified the regularization of Ms. Nidhi Joshi (DIN: 11612459) and Mr. Narendrakumar Laxmanbhai Raval (DIN: 11019124) as Non-Executive Independent Directors.

Another significant resolution passed was the alteration of the Main Object Clause of the Company by the addition of a new Object Clause. The Chairman informed the members that the results of the remote e-voting and e-voting at the AGM, along with the scrutinizer report, would be declared within 48 hours of the meeting. These results will be posted on the company's website and forwarded to the stock exchanges within the prescribed time.

Voting Results Summary

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.