Appointment

Ref: MPSL/SE/45/2026-27 Date: 29 July 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, Plot no. C/1, Department of Corporate Services G Block, Bandra – Kurla Complex, Bandra (East), Phiroze Jeejeebhoy Towers Mumbai - 400 051, India Dalal Street, Mumbai- 400001, India Symbol: MPSLTD Scrip Code: 532440 ISIN: INE943D01017 ISIN: INE943D01017 Dear Sirs, Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), read with the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30 January 2026, we wish to inform you that the Board of Directors of MPS Limited ("the Company"), at its Meeting held today, i.e., 29 July 2026, has, inter alia, considered and approved the following: 1. Re-appointment of Mr. Karthik Bhat Khandige (DIN: 06730563) as an Independent Non- Executive Director. Based on the recommendation of the Nomination and Remuneration Committee ("NRC"), the Board has approved the re-appointment of Mr. Karthik Bhat Khandige (DIN: 06730563) as an Independent Non-Executive Director of the Company for a second term of five (5) consecutive years, commencing from 30 July 2026 up to 29 July 2031 (both days inclusive), subject to the approval of the Shareholders by way of a Special Resolution. The disclosures required under Regulation 30 read with Schedule III of the SEBI Listing Regulations and the aforesaid SEBI Master Circular are enclosed as “Annexure-I”. 2. Cessation of Directorship of Ms. Ruvina Singh upon Completion of Tenure. The Board took note that the tenure of Ms. Ruvina Singh (DIN: 10352020) as an Independent Non-Executive Director of the Company concludes upon the close of business hours on 29 July 2026. Accordingly, with effect from 30 July 2026, Ms. Ruvina Singh shall cease to be an Independent Non-Executive Director of the Company upon completion of her tenure. Consequently, she shall also cease to be the Chairperson of the Nomination and Remuneration Committee and a Member of the Stakeholders' Relationship Committee and the Corporate Social Responsibility Committee with effect from 30 July 2026. The cessation is solely on account of completion of her tenure and is not due to resignation, removal, disqualification, or any other reason. The Board placed on record its sincere appreciation for the valuable guidance, and significant contributions made by Ms. Ruvina Singh during her tenure as an Independent Non-Executive Director and as Chairperson/Member of the aforesaid Board Committees. The disclosures required under Regulation 30 read with Schedule III of the SEBI Listing Regulations and the aforesaid SEBI Master Circular are enclosed as “Annexure-II”. www.mpslimited.com Registered Office: Block-B6, 3rd Floor, Gateway Office Parks, No. 16, G.S.T Road, Perungalathur, Chennai, Tambaram, Kanchipuram, Tamil Nadu-600063, Email: info@mpslimited.com Corporate Identification Number: L22122TN1970PLC005795 3. Reconstitution of Board Committees of the Company Consequent upon the completion of the tenure of Ms. Ruvina Singh as an Independent Non- Executive Director upon the close of business hours on 29 July 2026, the Board has approved the following changes in the composition of its Board Committees with effect from 30 July 2026: a) Nomination and Remuneration Committee The Board has approved the reconstitution of the Nomination and Remuneration Committee ("NRC") by appointing Mr. Karthik Bhat Khandige (DIN: 06730563) as a Member and designating Ms. Divya Verma (DIN: 03149607) as the Chairperson of the NRC. Accordingly, the composition of the NRC with effect from 30 July 2026 shall be as follows: S.No. Name of the NRC Members Designation and Category 1 Ms. Divya Verma Chairperson-Independent Non-Executive Director 2 Ms. Jayantika Dave Member-Non-Executive Director 3 Mr. Karthik Bhat Khandige Member-Independent Non-Executive Director b) Stakeholders’ Relationship Committee The Board has approved the reconstitution of the Stakeholders' Relationship Committee ("SRC") by appointing Mr. Atul Vohra (DIN: 11734775) as a Member of the Committee. Accordingly, the composition of the SRC with effect from 30 July 2026 shall be as follows: S.No. Name of the SRC Members Designation and Category 1 Mr. Suhas Khullar Chairperson-Independent Non-Executive Director 2 Mr. Atul Vohra Member-Non-Executive Director 3 Mr. Rahul Arora Member-Executive Director c) Corporate Social Responsibility Committee The Board has approved the reconstitution of the Corporate Social Responsibility Committee ("CSR Committee") by appointing Ms. Divya Verma (DIN: 03149607) as a Member of the Committee. Accordingly, the composition of the CSR Committee with effect from 30 July 2026 shall be as follows: S.No. Name of the CSR Designation and Category Committee Members 1 Mr. Rahul Arora Chairperson-Executive Director 2 Ms. Divya Verma Member-Independent Non-Executive Director 3 Ms. Jayantika Dave Member-Non-Executive Director The above disclosures are also being made available on the Company's website, www.mpslimited.com, under the Investors section. We further wish to inform you that the Board Meeting held today commenced at 10:00 hours and concluded at 17:00 hours. This is for your information and records. Yours Faithfully, For MPS Limited Raman Sapra Company Secretary and Compliance Officer Encl: As above www.mpslimited.com Registered Office: Block-B6, 3rd Floor, Gateway Office Parks, No. 16, G.S.T Road, Perungalathur, Chennai, Tambaram, Kanchipuram, Tamil Nadu-600063, Email: info@mpslimited.com Corporate Identification Number: L22122TN1970PLC005795 “Annexure-I” Details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated 30 January 2026: S.No. Particulars Details 1. Reason for change viz. Re-appointment of Mr. Karthik Bhat Khandige appointment, re-appointment, (DIN: 06730563) as an Independent Non- resignation, removal, death or Executive Director of the Company. otherwise 2. Date of appointment / re- Based on the recommendation of the Nomination appointment / cessation (as and Remuneration Committee, the Board of applicable) & term of Directors of the Company, at its Meeting held on appointment / re-appointment 29 July 2026, approved the re-appointment of Mr. Karthik Bhat Khandige (DIN: 06730563) as an Independent Non-Executive Director of the Company for a second term of five (5) consecutive years, commencing from 30 July 2026 and ending on 29 July 2031 (both days inclusive), subject to the approval of the Shareholders of the Company by way of a Special Resolution. 3. Brief Profile (in case of The Brief Profile of Mr. Karthik Bhat Khandige is appointment) enclosed as “Annexure-IA”. 4. Disclosure of relationships Mr. Karthik Bhat Khandige is not related to any between directors (in case of Director of the Company. appointment of a director) 5. Information as required pursuant Mr. Karthik Bhat Khandige is not debarred from to BSE Circular No. LIST/COMP/ holding the office of Director by virtue of any 14/2018-19 and NSE Circular No. order of SEBI or any other authority. NSE/CML/2018/24 dated 20 June 2018 www.mpslimited.com Registered Office: Block-B6, 3rd Floor, Gateway Office Parks, No. 16, G.S.T Road, Perungalathur, Chennai, Tambaram, Kanchipuram, Tamil Nadu-600063, Email: info@mpslimited.com Corporate Identification Number: L22122TN1970PLC005795 “Annexure-IA” Brief Profile of Mr. Karthik Bhat Khandige Independent Non-Executive Director Professional Experience: Karthik is the Founder and Managing Partner of Force Ventures, a venture firm specializing in early-stage investments from pre-seed and seed to Series A rounds. With over 20 years of experience, Karthik has held sign [Showing first 8,000 characters — download PDF for full document]