MPF Systems Limited has announced the resignation of Ms. Arzoo P Rabari from her position as Independent Director, effective January 30, 2026. The company informed BSE Limited about this corporate governance change in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Resignation Details

Ms. Arzoo P Rabari, holding Director Identification Number (DIN) 10754153, submitted her resignation citing personal reasons and other professional commitments. In her resignation letter, she confirmed that there are no other material reasons for her departure beyond those mentioned.

Regulatory Compliance

The company has fulfilled its disclosure obligations under SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015, by providing comprehensive information about the directorship change. The resignation letter was formally submitted to the Board of Directors, requesting immediate relief from Independent Director duties and proper filing of necessary forms with the Registrar of Companies.

Other Board Positions

As part of the mandatory disclosure requirements, MPF Systems Limited revealed that the resigning director holds directorships in multiple listed entities:

• Ashapura Intimates Fashion Limited
• TTL Enterprises Limited
• Magnanimous Trade & Finance Limited
• Stanbik Agro Limited

Company Information

MPF Systems Limited, formerly known as Mather & Platt Fire Systems Limited, operates with CIN L35105MH1993PLC287894. The company's registered office is located at Unit No. B 203, Rustomjee Central Park, Andheri Kurla Road, Chakala, Andheri East, Mumbai, Maharashtra. The announcement was signed by Managing Director Sharang Amar Sharma (DIN: 11428567) and communicated to BSE under scrip code 532470.

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.

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.

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.