MPF Systems Limited (formerly known as Mather & Platt Fire Systems Limited) has announced the resignation of its Chief Financial Officer, Ms. Drashti Harshadhbhai Delvadiya, who will step down from her role effective February 28, 2026. The company made this disclosure to BSE Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details

Ms. Delvadiya, who serves as both CFO and Key Managerial Personnel of the company, submitted her resignation citing personal reasons specifically related to the furtherance of her professional career. She will be relieved from her duties at the close of business hours on February 28, 2026.

Company Response and Transition

MPF Systems has confirmed that it is actively seeking a suitable candidate to fill the CFO position. The company stated it will inform stock exchanges about the new appointment in due course, following applicable regulations. In her resignation letter, Ms. Delvadiya expressed commitment to ensuring a smooth transition of responsibilities, including the complete handover of financial records, compliance matters, banking arrangements, and ongoing assignments.

Regulatory Compliance

The company has fulfilled its disclosure obligations by providing the required information pursuant to SEBI regulations and circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. MPF Systems confirmed receiving written confirmation from Ms. Delvadiya that there are no material reasons for her resignation beyond those mentioned in her resignation letter.

About MPF Systems Limited

MPF Systems Limited, formerly known as Mather & Platt Fire Systems Limited, is incorporated 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 on February 24, 2026.

MPF Systems Limited has announced its standalone unaudited financial results for the quarter and nine months ended December 31, 2025, revealing continued operational challenges with zero revenue generation and sustained losses. The company, formerly known as Mather & Platt Fire Systems Limited, published these results in compliance with Regulation 47 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.

Financial Performance Overview

The company's financial performance for Q3 FY26 reflects ongoing difficulties, with the company recording no income from operations during the quarter. This represents a decline from the minimal operational income of ₹0.05 lacs reported in the corresponding quarter of the previous year.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, MPF Systems reported a cumulative net loss of ₹21.89 lacs, showing improvement compared to the ₹139.45 lacs loss recorded in the corresponding nine-month period of the previous year. Despite the absence of operational income during the current nine-month period, the company has managed to reduce its losses significantly year-over-year.

Share Capital and Earnings Per Share

The company's equity share capital remained stable at ₹271.93 lacs, consisting of shares with a face value of ₹10 each. The earnings per share (EPS) for Q3 FY26 stood at negative ₹0.17, compared to negative ₹4.24 in Q3 FY25. For the nine-month period, the diluted EPS was negative ₹0.80, showing improvement from negative ₹5.13 in the previous year.

Regulatory Compliance and Board Approval

The unaudited financial results were approved by the Board of Directors in their meeting held on February 2, 2026, following recommendations from the audit committee. The results were subsequently published in Active Times (English) and Mumbai Lakshdeep (Marathi) newspapers on February 4, 2026, ensuring compliance with regulatory requirements.

Company Information

MPF Systems Limited operates from its registered office at Unit No. B 203, Rustomjee Central Park, Andheri Kurla Road, Chakala, Andheri East, Mumbai, Maharashtra-400069. The company is listed on BSE with scrip code 532470 and scrip ID MPFSL. Managing Director Sharang Amar Sharma (DIN: 11428567) signed off on the financial results and regulatory filings.