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MPS completes acquisition of 100% stake in E.I. Designs

30 May 2022 Evaluate

MPS has completed the acquisition of 100% of the issued and paid up equity share capital of E.I. Designs through MPS Interactive Systems (MPSI), a wholly owned subsidiary of the Company by executing a share purchase agreement (Share Purchase Agreement). The shares held by the shareholders of E.I. Design have been purchased by MPSI by executing a share purchase agreement at a consideration of Rs 40 crore on a cash-free, debt-free basis.

The acquisition of EI Design furthers the inherent momentum in company’s eLearning business. MPS Interactive will benefit from the significant operational efficiency gains that will be enabled by EI Design’s proprietary operating model.

MPS is a leading global provider of platforms and content solutions for the digital world.

MPS Share Price

1812.85 -20.50 (-1.12%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
D.B. Corp 214.40
Navneet Education 157.80
Jagran Prakashan 67.00
HT Media 23.96
Hindustan Media Vent 68.84
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