MPS Limited Unsecured Creditors Approve ADI BPO Amalgamation

Date: 22 August 2026

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Scheme of Amalgamation Approved:

Unsecured creditors of MPS Limited have approved the Scheme of Amalgamation of ADI BPO Services Limited (Transferor Company) with MPS Limited (Transferee Company)
The meeting was convened pursuant to the Order dated 02 July 2026 of the National Company Law Tribunal, Chennai Bench
The resolution was approved with 100% of votes in favor, representing 100% of the value voted

Voting Process Details:

The meeting of unsecured creditors was held on 22 August 2026 at 11:30 AM through Video Conferencing/Other Audio-Visual Means
Mr. S C Jain served as the Chairperson appointed by the NCLT
Kishore P, Advocate, was appointed as the Scrutinizer for the voting process
Remote e-voting period: August 19, 2026 (9:00 AM) to August 21, 2026 (5:00 PM)
Cut-off date for identifying unsecured creditors: 15 March 2026
Total number of unsecured creditors as of cut-off date: 39
Number of unsecured creditors who voted: 13
Total value of votes cast: ₹71,06,680

Voting Results Breakdown:

Remote e-voting: 12 creditors voted, representing ₹62,87,718 in value (100% in favor)
E-voting at the meeting: 1 creditor voted, representing ₹8,18,962 in value (100% in favor)
Total votes: 13 creditors, representing ₹71,06,680 in value (100% in favor)
No votes against the resolution
Invalid votes: 0

Next Steps:

The Scheme requires sanction from the National Company Law Tribunal, Chennai Bench to become effective
The voting results and Scrutinizer's Report are available on the company website (www.mpslimited.com) and CDSL website (www.cdslindia.com)

Regulatory Compliance:

Notice dated 22 July 2026 was sent to unsecured creditors via email
Public advertisement was published in Business Standard and Dina Malar newspapers on 22 July 2026
The process complied with Sections 230-232 of the Companies Act, 2013 and relevant rules