News Announcement

MPF Systems: Updates on Open Offer

MPF Systems Ltd (formerly Mather and Platt Fire Systems Ltd) has submitted to BSE a Copy of Recommendation of the Committee of Independent Directors (IDC) on the Open Offer to the shareholders of the MPF Systems Limited (formerly Mather and Platt Fire Systems Ltd) (?Target Company?) by Royal Nirman Private Limited (?Acquirer?) for acquisition of upto 8,84,700 fully paid up Equity Shares of Rs.10/- each, constituting 26% of the paid-up and voting equity share capital of Target Company under Regulation 26 (7) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments thereto [?SEBI (SAST) Regulations?].

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