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Company Profile

MPS LTD.

NSE : MPSLTDBSE : 532440ISIN CODE : INE943D01017Industry : Printing And PublishingHouse : MPS - MNC
BSE1634.20-47.25 (-2.81 % )
PREV CLOSE (Rs.) 1681.45
OPEN PRICE (Rs.) 1733.75
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 578
TODAY'S LOW / HIGH (Rs.)1630.00 1733.75
52 WK LOW / HIGH (Rs.)809.3 1884.2
NSE1638.65 -44.6 (-2.65 % )
PREV CLOSE(Rs.) 1683.25
OPEN PRICE (Rs.) 1684.15
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 1638.65 (3 )
VOLUME 6222
TODAY'S LOW / HIGH(Rs.) 1633.00 1684.95
52 WK LOW / HIGH (Rs.)814 1885

Company News

Date Heading Details
10-Apr-2024 MPS informs about compliance certificate <div>MPS has informed that it enclosed Compliance Certificate issued in terms of Regulation 7(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the year ended on 31 March 2024 duly signed by the Compliance Officer and the authorized representative of the Share Transfer Agent, certifying compliance with the requirements of Regulation 7(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div>
16-Mar-2024 MPS informs about analyst meet <div style="text-align: justify;">MPS has informed that it enclosed the Transcript of the Conference Call held on Thursday, 07 March 2024, at 02:00 pm (IST) on the recent Acquisition of Research Square AJE LLC along with its subsidiary American Journal Online (Beijing) Information Consulting Limited through MPS North America LLC, the wholly owned subsidiary of MPS via its SPV, American Journal Experts LLC.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div>
01-Mar-2024 MPS' arm completes acquisition of AJE LLC <p style="text-align: justify;">MPS' wholly owned subsidiary -- MPS North America LLC has successfully completed the acquisition of AJE LLC, including its subsidiary American Journal Online (Beijing) Information Consulting. The strategic move marks MPS' entry into the B2C marketplace and significantly enhances its AI capabilities. The acquisition includes Curie, an AI-powered writing assistant that provides intelligent suggestions, improves writing structure, enhances flow, and assists with citations, thus facilitating the creation of high-quality academic content.</p><p style="text-align: justify;">For AJE, joining MPS means that the author-focused company is now part of a publisher-agnostic ecosystem, with more opportunities to grow its customer base and enter new markets. In addition, AJE's customers can take advantage of services offered by MPS' deep bench of publishing professionals.</p><p style="text-align: justify;">MPS is a leading global provider of platforms and content solutions for the digital world. The long service history as a captive business allowed MPS to build unique capabilities and talents through strategic partner programs.</p><div style="text-align: justify;"><br></div>
01-Mar-2024 MPS zooms as its arm completes acquisition of AJE LLC <p style="text-align: justify;">MPS is currently trading at Rs. 1590.35, up by 107.60 points or 7.26% from its previous closing of Rs. 1482.75 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 1550.00 and has touched a high and low of Rs. 1611.15 and Rs. 1550.00 respectively. So far 7666 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1884.20 on 21-Nov-2023 and a 52 week low of Rs. 809.30 on 03-May-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 1611.15 and Rs. 1441.60 respectively. The current market cap of the company is Rs. 2745.57 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 68.34%, while Institutions and Non-Institutions held 4.27% and 27.39% respectively.</p><p style="text-align: justify;">MPS' wholly owned subsidiary -- MPS North America LLC has successfully completed the acquisition of AJE LLC, including its subsidiary American Journal Online (Beijing) Information Consulting. The strategic move marks MPS' entry into the B2C marketplace and significantly enhances its AI capabilities. The acquisition includes Curie, an AI-powered writing assistant that provides intelligent suggestions, improves writing structure, enhances flow, and assists with citations, thus facilitating the creation of high-quality academic content.</p><p style="text-align: justify;">For AJE, joining MPS means that the author-focused company is now part of a publisher-agnostic ecosystem, with more opportunities to grow its customer base and enter new markets. In addition, AJE's customers can take advantage of services offered by MPS' deep bench of publishing professionals.</p><p style="text-align: justify;">MPS is a leading global provider of platforms and content solutions for the digital world. The long service history as a captive business allowed MPS to build unique capabilities and talents through strategic partner programs.</p>
01-Mar-2024 Announcement under Regulation 30 (LODR)-Acquisition MPS acquires Research Square AJE LLC along with its subsidiary American Journal Online (Beijing) Information Consulting Limited, AI-Tool ("Curie") and Research Quality Evaluation ("RQE") from Springer Science+ Business Media LLC a Subsidiary of Springer Nature Group.
04-Nov-2023 MPS informs about earnings call transcript <div style="text-align: justify;">Pursuant to the provisions of Regulation 30 read with Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, MPS has enclosed the Transcript of the Earnings Conference Call, held on Friday, 27 October 2023, at 05:00 PM (IST) on the Un-Audited Financial Results of the Company for the Second Quarter (Q2) and Half Year (H1) ended 30 September 2023.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div>
15-Sep-2023 MPS informs about closure of trading window <p style="text-align: justify;">In terms of the Company's Code of Conduct for regulating, monitoring and reporting of trading by insiders, framed pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 read with SEBI (Prohibition of Insider Trading) (Amendment) Regulations, 2018, MPS has informed that the trading window for dealing in the Equity Shares of the Company by designated persons and their immediate relatives shall remain closed with effect from 16 September 2023. The trading window shall open on the completion of 48 hours after the declaration of the Un-audited Financial Results (Standalone and Consolidated) for the Second Quarter (Q2) and half year ended on 30 September 2023, to the Stock Exchange(s).</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p>
30-Aug-2023 MPS surges as its arm to acquire 65% stake in Liberate Group entities <p style="text-align: justify;">MPS is currently trading at Rs. 1573.45, up by 59.30 points or 3.92% from its previous closing of Rs. 1514.15 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 1605.00 and has touched a high and low of Rs. 1605.00 and Rs. 1543.90 respectively. So far 1863 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1654.05 on 21-Aug-2023 and a 52 week low of Rs. 620.00 on 03-Oct-2022.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 1647.35 and Rs. 1425.05 respectively. The current market cap of the company is Rs. 2686.04 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 68.34%, while Institutions and Non-Institutions held 4.45% and 27.21% respectively.</p><p style="text-align: justify;">MPS Interactive Systems (MPSi), one of the wholly-owned subsidiaries of MPS, has agreed to acquire 65% of the issued and paid-up share capital of each of Liberate Learning (Australia), Liberate eLearning (Australia), App-eLearn (Australia), and Liberate Learning (New Zealand) (Liberate Group) and has executed a Share Purchase Agreement (SPA) dated August 29, 2023, for consideration of AUD 9.32 million. The consideration is payable as per the terms of SPA and other transaction documents.</p><p style="text-align: justify;">The remaining 35% shareholding of each of the entities of Liberate Group will be acquired by MPSi in subsequent tranches based upon valuation methodology as agreed under the transaction documents.</p><p style="text-align: justify;">MPS is a leading global provider of platforms and content solutions for the digital world. The long service history as a captive business allowed MPS to build unique capabilities and talents through strategic partner programs.</p>
30-Aug-2023 NIBE, REC and MPS to see some action today <p style="text-align: justify;"><b>NIBE </b>has signed definitive agreement on August 29, 2023, to acquire the 51% stake in Karmayogi Manufacturing (Karmayogi). Pursuant to aforesaid agreement, the Company has acquired 51% stake in Karmayogi on August 29, 2023, resulting in Karmayogi becoming its subsidiary company in terms of section 2(87) of the Companies Act, 2013.&nbsp;</p><p style="text-align: justify;"><b>REC </b>has received an approval for the sale and transfer of the entire shareholding of Beawar Transmission, presently held by REC Power Development and Consultancy (RECPDCL), wholly owned subsidiary of REC, to M/s Sterlite Grid 27, the successful bidder selected through Tariff Based Competitive Bidding process. The Board of Directors of the company in its meeting held on August 29, 2023, has approved the same.</p><p style="text-align: justify;">MPS Interactive Systems (MPSi), one of the wholly-owned subsidiaries of <b>MPS</b>, has agreed to acquire 65% of the issued and paid-up share capital of each of Liberate Learning (Australia), Liberate eLearning (Australia), App-eLearn (Australia), and Liberate Learning (New Zealand) (Liberate Group) and has executed a Share Purchase Agreement (SPA) dated August 29, 2023, for consideration of AUD 9.32 million. The consideration is payable as per the terms of SPA and other transaction documents.&nbsp;</p><p style="text-align: justify;"><b>Ugro Capital</b> has raised Rs 40 crore through the allotment of 800 Commercial Papers (CPs) of face value Rs 5,00,000 each, at a discounted rate of 9.90% p.a. The aforesaid Commercial Papers will be listed on BSE. The Investment and Borrowing Committee of the Board of Directors of the Company (Committee), on August 29, 2023 has made an allotment of the same.&nbsp;</p><p style="text-align: justify;"><b>Shish Industries </b>has received approval for incorporation of wholly owned subsidiary of the company namely Varni Wood &amp; Paper Packaging (VARNI). The VARNI is being incorporated to acquire 100% Business through Takeover of Sole Proprietorship Entity -Varni Packaging. VARNI will leverage the growth opportunities in the business of Wood and Paper Packaging Products and thereby the company will hold Wood and Paper Packaging Products in its portfolio as well apart from plastic packaging products.&nbsp;</p><p style="text-align: justify;"><b>HCLTech</b> has announced an exclusive preferred professional services agreement with Cloud Software Group, to help implement, upgrade, modernize and provide services for all TIBCO products for enterprise customers across the globe. This partnership will help drive better value for end customers leveraging TIBCO products to further accelerate their data-driven digital transformation.</p><p style="text-align: justify;">Mumbai Metro One Private (MMOPL), a joint venture of <b>Reliance Infrastructure</b> with Mumbai Metropolitan Regional Development Authority (MMRDA) (where the Company holds 74% and MMRDA holds 26%), operating the Metro Line between Versova - Andheri - Ghatkopar Corridor in Mumbai, is in receipt of the Arbitral Award in the matter of arbitration between MMOPL and MMRDA for various disputes. Award 1 is in favour of MMOPL for Rs 992 crore &amp; Award 2 is against MMOPL for Rs 103 crore including interest till date.</p>
29-Aug-2023 MPS' arm to acquire 65% stake in Liberate Group entities <p style="text-align: justify;">MPS Interactive Systems (MPSi), one of the wholly-owned subsidiaries of MPS, has agreed to acquire 65% of the issued and paid-up share capital of each of Liberate Learning (Australia), Liberate eLearning (Australia), App-eLearn (Australia), and Liberate Learning (New Zealand) (Liberate Group) and has executed a Share Purchase Agreement (SPA) dated August 29, 2023, for consideration of AUD 9.32 million. The consideration is payable as per the terms of SPA and other transaction documents.</p><p style="text-align: justify;">The remaining 35% shareholding of each of the entities of Liberate Group will be acquired by MPSi in subsequent tranches based upon valuation methodology as agreed under the transaction documents.</p><p style="text-align: justify;">MPS is a leading global provider of platforms and content solutions for the digital world. The long service history as a captive business allowed MPS to build unique capabilities and talents through strategic partner programs.</p>