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The latest update is out from MPS Limited ( (IN:MPSLTD) ).
MPS Interactive Systems Limited, a subsidiary of MPS Limited, has entered into a Share Subscription and Shareholders Agreement with Rodney Charles Beach, an Australian investor. This agreement involves Mr. Beach investing INR 87.36 million in MPSi, which will result in MPSi ceasing to be a wholly owned subsidiary but remaining a material subsidiary with MPS Limited retaining over 95% ownership. The investment is expected to enhance MPSi’s capabilities and strengthen its market position, potentially impacting its operations and stakeholder interests positively.
More about MPS Limited
MPS Limited operates in the digital content and learning solutions industry, providing a range of services including content creation, publishing, and technology-driven learning solutions. The company focuses on leveraging technology to enhance educational and professional development experiences.
Average Trading Volume: 2,103
Technical Sentiment Signal: Buy
Current Market Cap: 37.38B INR
Learn more about MPSLTD stock on TipRanks’ Stock Analysis page.