MPS Limited Trusts File Annual SEBI Exemption Compliance

Nishith Arora Family Trust and NAFT-2 confirm annual compliance with SEBI exemption orders from open offer requirements under Takeover Regulations.
Independent auditor Jain Kapil & Associates certifies both trusts are in full compliance for the financial year ended 31 March 2026.
The exemptions relate to indirect acquisition of control in MPS Limited through internal family trust restructuring for succession planning.
SEBI originally granted exemptions in 2020 and 2025 for trusts acting as mirror images of promoter holdings with no change in ultimate control.