The company will evaluate a proposals for fund raising through issuance of equity shares or any other equity linked instruments or securities including convertible preference shares and warrants that entitle the warrant holder(s) to apply for equity shares, or any other eligible securities, this maybe done via, among other methods, a preferential allotment, private placement (including one or more qualified institutions placements (QIP) or further public issue of equity, in accordance with the applicable regulations.
MPS provides platforms and services for content creation, full-service production, and distribution to the world’s leading publishers, learning companies, corporate institutions, libraries, and content aggregators.
The company’s consolidated net profit jumped 36.9% to Rs 48.71 core in Q3 FY25 as compared with Rs 29.73 crore in Q3 FY24. Net sales increased 39.3% YoY to Rs 186.36 crore in Q3 FY25.
The counter declined 3.58% to and at Rs 2593.35 on Monday, 24 February 2025.