NewsCorporate ActionsMPF Systems Limited Receives BSE Listing Approval for 26.05 Lakh Equity Shares Under NCLT Resolution PlanMPF Systems Limited Receives BSE Listing Approval for 26.05 Lakh Equity Shares Under NCLT Resolution Plan
MPF Systems Limited received BSE listing approval for 26,05,000 equity shares of ₹10 each on January 14, 2026, pursuant to an NCLT-approved resolution plan dated October 15, 2024. The shares were allotted preferentially to the successful resolution applicant with distinctive numbers 170133 to 2775132. The company must now submit additional documentation including ISIN activation letters and shareholding patterns to obtain trading permission from BSE.
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MPF Systems Limited (formerly known as Mather & Platt Fire Systems Limited) has received listing approval from BSE Limited for 26,05,000 equity shares of ₹10 each. The company announced this significant development on January 19, 2026, marking a key milestone in its corporate restructuring process under the insolvency resolution framework.
BSE Listing Approval Details
BSE Limited granted the listing approval through its letter dated January 14, 2026, for shares issued pursuant to a resolution plan approved by the Hon'ble NCLT Mumbai Bench on October 15, 2024. The approved shares represent a preferential allotment to the successful resolution applicant.
| Parameter: | Details |
|---|---|
| Total Shares Approved: | 26,05,000 equity shares |
| Face Value: | ₹10 per share |
| Distinctive Numbers: | 170133 to 2775132 |
| Allotment Type: | Preferential basis |
| NCLT Approval Date: | October 15, 2024 |
| BSE Approval Date: | January 14, 2026 |
Trading Permission Requirements
To obtain trading permission from BSE, MPF Systems Limited must submit comprehensive documentation as outlined by the exchange. The requirements include multiple regulatory and compliance documents essential for commencing trading operations.
Key documentation requirements include:
- ISIN activation letters from depositories
- Auditor's certificate for determining book value per share based on latest audited financials
- Confirmation letters from CDSL and NSDL regarding crediting shares to beneficiary accounts
- Lock-in confirmation from depositories as per SEBI (ICDR) Regulations, 2018
- Pre-arrangement and post-arrangement shareholding patterns in both PDF and XBRL formats
Corporate Structure and Leadership
The company operates under the leadership of Managing Director Sharang Amar Sharma (DIN: 11428567), who signed the disclosure announcement. MPF Systems Limited is incorporated with CIN L35105MH1993PLC287894 and maintains its registered office in Mumbai, Maharashtra.
| Corporate Details: | Information |
|---|---|
| BSE Scrip Code: | 532470 |
| Scrip ID: | MPFSL |
| Registered Office: | Mumbai, Maharashtra |
| Website: | www.matherplattfiresystems.com |
| Email: | compliancempf@gmail.com |
Resolution Plan Implementation
The listing approval represents the implementation of a corporate insolvency resolution process completed under the supervision of the National Company Law Tribunal. The preferential allotment to the successful resolution applicant demonstrates the completion of the restructuring process and the company's transition to new ownership structure.
MPF Systems Limited expressed gratitude to shareholders, investors, and stakeholders for their continued trust and support throughout the resolution process. The company's successful navigation of the NCLT-supervised restructuring positions it for renewed operations under the approved resolution framework.
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