MPS Limited announced that Dr. Piyush Kumar Rastogi has completed his second term of 3 years as an Independent Director of the Company and consequently, Dr. Piyush Kumar Rastogi ceased to be Independent Director and member of the Audit Committee of the Company, effecting from the end of the day 28 January 2024. Further, the Board of Directors of the Company reconstituted the Audit Committee of the Board of Directors with effect from 29 January 2024 and its composition would be as under: Mr. Ajay Mankotia Chairperson- Independent Non-Executive Director, Mr. Suhas Khullar Member- Independent Non-Executive Director, Mr. Rahul Arora Member- Executive Director-CEO.