AI assistant
MPS Limited — M&A Activity 2026
Feb 9, 2026
62623_rns_2026-02-10_bc211c00-fb37-49f6-afc2-34d5e697300d.pdf
M&A Activity
Open in viewerOpens in your device viewer
==> picture [318 x 38] intentionally omitted <==
Ref: MPSL/SE/110/2025-26 Date: 09 February 2026
National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, Plot no. C/1, Department of Corporate Services G Block, Bandra – Kurla Complex, Bandra (East), Phiroze Jeejeebhoy Towers Mumbai - 400 051, India Dalal Street, Mumbai- 400001, India Symbol: MPSLTD Scrip Code: 532440 ISIN: INE943D01017 ISIN: INE943D01017
Dear Sirs ,
-
Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Completion of the Acquisition of Unbound Medicine, Inc., USA
-
Ref: Our letter dated 30 January 2026 – Intimation of execution of Stock Purchase Agreement for acquisition of Unbound Medicine, Inc., USA
- Our letter dated 04 February 2026 – Disclosure regarding funding arrangements for the proposed acquisition
We refer to our earlier intimation dated 30 January 2026, wherein we had informed that MPS North America LLC (“MPS NA LLC”), a wholly-owned subsidiary of MPS Limited (“the Company”), had entered into a Stock Purchase Agreement (“SPA”) dated 30 January 2026 for the acquisition of 100% stake in Unbound Medicine, Inc., USA, for a total consideration of USD 16.50 million (subject to customary adjustments), payable in accordance with the terms and conditions set out in the SPA and other definitive transaction documents.
We hereby inform you that, pursuant to the terms of the SPA and upon satisfaction of the customary closing conditions, the transaction has been successfully completed, and MPS NA LLC has paid the consideration due at completion and acquired 100% stake in Unbound Medicine, Inc., USA. Accordingly, Unbound Medicine, Inc., USA has become a wholly-owned step-down subsidiary of MPS Limited with effect from the date of completion.
The details of the acquisition as required to be disclosed under Regulation 30 read with Para A of Part A of Schedule III of the SEBI Listing Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30 January 2026, have already been disclosed vide our letter dated 30 January 2026.
This is for your kind information and records.
Thanking you,
Yours Faithfully, For MPS Limited
Raman Digitally signed by Raman Sapra Date: 2026.02.09 Sapra 23:51:39 +05'30'
Raman Sapra Company Secretary and Compliance Officer
Registered Office: RR Towers IV, Super A, 16/17, Thiru-Vi-Ka Industrial Estate, Guindy, Chennai-600032-India, Tel: +91 44 49162222 Email: [email protected] Corporate Identification Number: L22122TN1970PLC005795