Dear Sir/ Madam,

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that MPS Limited has entered into a Business Transfer Agreement with Tata Industries Limited for acquisition of Tata Interactive Systems (A business division of Tata Industries Limited). MPS Limited has also entered into Share Purchase Agreements with Tata Industries Limited for acquisition of 100 % shares held by Tata Industries Limited in its wholly owned subsidiaries, Tata Interactive Systems GmbH, a German based company & Tata Interactive Systems AG, a Switzerland based company.

Each of the aforementioned acquisitions are subject to the fulfillment of the closing conditions and shareholders’ approval of Tata Industries Limited.

Details pursuant to SEBI Circular Number CIR/CFD/CMD/4/2015 dated September 09, 2015; Continuous Disclosure Requirements for Listed Entities – Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 are enclosed as Annexure-A.

You are requested to kindly take the above disclosure on your record. Thanking you,

Yours Sincerely, For MPS Limited

Digitally signed by SUNIT MALHOTRA

Sunit Malhotra

CFO and Company Secretary