In a move to reinforce governance and regulatory compliance, MPS Limited has named Piyush Jain as the Company Secretary & Compliance Officer and Nodal Officer, effective 29 August 2026. The appointment comes on the back of a board decision, following a recommendation from the Nomination & Remuneration Committee at its July meeting, and replaces Raman Sapra, who will step down from the role at the close of business on 28 August 2026. The change underscores the company’s emphasis on sustaining strong corporate governance as it navigates complex regulatory and investor expectations.
Piyush Jain brings more than a decade of experience in corporate laws, securities regulations, FEMA, governance and compliance matters. A qualified Company Secretary and law graduate, Jain previously led the compliance and secretarial functions at R Systems International Limited, a listed company, and has also held roles at DLF Limited. His background spans listed-company compliance, board and shareholder matters, cross-border structures and multi-jurisdictional operations, positioning him to steer MPS Limited’s governance agenda through a period of change and growth.
While MPS Limited transitions, the company continues to rely on its key managerial personnel to guide disclosure and governance. In addition to Jain’s appointment, Rahul Arora and Prarthana Agarwal remain central to determining materiality and handling disclosures. The leadership team’s arrangement reflects a coordinated approach to compliance and investor communications, with Jain joining alongside seasoned executives to maintain the company’s governance standards and stakeholder trust.
The announcement also highlights a steady governance cadence at MPS Limited, signaling investors and markets that the board is prioritizing continuity and disciplined governance. As the new CS & Compliance Officer takes the helm, eyes will be on how the leadership integrates regulatory responsibilities with strategic growth initiatives across the company.