MPS Limited has formally initiated the postal ballot process for seeking shareholder approval on two key resolutions previously approved by the Board of Directors on December 24, 2025. The company has commenced the remote e-voting process for the re-appointment of independent director Suhas Khullar and the relocation of its registered office within Chennai.

Postal Ballot Process Launched

The company dispatched the postal ballot notice on January 6, 2026, to all shareholders whose email addresses are registered with the registrar and share transfer agent or depository participants. The notice has been made available on multiple platforms including the company's website, stock exchange websites, and CDSL's portal.

Director Re-appointment Resolution

The first special resolution seeks approval for the re-appointment of Mr. Suhas Khullar (DIN: 07593659) as Independent Non-Executive Director for a second consecutive term. His current tenure expires on December 31, 2025, having served his first term from January 1, 2024.

Mr. Khullar brings extensive experience from his roles at EY, Ares India Private Equity Fund, Shuttl, and currently serves as CFO at Loco. His professional background spans financial management, strategic planning, and risk management across multiple sectors.

Registered Office Relocation

The second special resolution pertains to shifting the company's registered office to a new location within Chennai, maintaining jurisdiction under the same Registrar of Companies. The relocation is driven by operational efficiency and business continuity considerations.

The new premises offer significantly larger office space, improved infrastructure, and enhanced facilities to support customer interactions and stakeholder engagement, aligning with the company's growth and expansion plans.

E-voting Process and Timeline

Shareholders can cast their votes exclusively through the remote e-voting platform provided by CDSL. The voting rights are based on the paid-up value of equity shares held as on the cut-off date of January 2, 2026. Physical dispatch of postal ballot forms has been dispensed with in compliance with MCA circulars.

The results of the postal ballot, along with the scrutinizer's report, will be announced within two working days of the voting period's conclusion and communicated to the stock exchanges where the company's shares are listed.

MPS Infotecnics Ltd has announced the resignation of its Non-Executive Director Mr. Peeyush Kumar Aggarwal, effective December 26, 2025. The resignation was communicated to stock exchanges on December 30, 2025, in compliance with SEBI regulations.

Resignation Details

Mr. Peeyush Kumar Aggarwal (DIN: 00090423) submitted his resignation letter dated December 26, 2025, citing pre-occupation and health issues as the primary reasons for his departure from the Board of Directors. The resignation became effective immediately upon submission.

Regulatory Compliance

The company disclosed the resignation under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. MPS Infotecnics Ltd informed both the National Stock Exchange of India Limited and BSE Limited about the directorship change as required under the regulations.

The disclosure was made pursuant to Sub-Para 7, Para A of Part A of Schedule III of the SEBI (LODR) Regulations, 2015, and in accordance with SEBI Circular no. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023.

Board Meeting Schedule

Due to the unavailability of certain Board Members at present, MPS Infotecnics Ltd has requested one week's time to convene a Board Meeting to formally place and note the resignation. The company confirmed that no other material reasons exist for the resignation beyond those mentioned in the resignation letter.

Administrative Process

The resignation letter was signed by Director Rachit Garg (DIN: 07574194) on behalf of MPS Infotecnics Ltd. The company will file the necessary forms with the Registrar of Companies, Delhi & Haryana, and provide acknowledgment of the resignation receipt along with a copy of e-Form DIR-12 for record purposes.