MPS has informed that at the board meeting held on January 17, 2012, Vijay Sood has been appointed as an additional director of the company effective from January 17, 2012. At the board meeting, Nishith Arora has been appointed as chairman of the board in pursuance of articles 161 of the articles of association of the company.
The above information is part of the company’s filing submitted to the BSE.