MPSi secures ₹87.36 crore investment, appoints new president

On October 10, 2025, MPS Interactive Systems Limited (MPSi), a material subsidiary of MPS Limited, entered into a Share Subscription and Shareholders Agreement (SSSHA) with Rodney Charles Beach. Under this agreement, Mr. Beach will subscribe to equity shares of MPSi for ₹87,362,000. This transaction, contingent on regulatory approvals, will result in MPSi ceasing to be a wholly owned subsidiary, though MPS Limited will retain over 95 percent ownership, maintaining its status as a material subsidiary.

Mr. Beach, founder of the Liberate Group of companies, will also assume the role of president at MPSi, leading its global growth strategy. He brings over 30 years of experience in learning and education technology. The investment aligns with MPS Limited's vision for accelerating corporate learning initiatives and enhancing global competitiveness, with Mr. Beach poised to drive innovation in AI-powered learning solutions.

The SSSHA grants customary tag-along and drag-along rights to Mr. Beach and retains MPS Limited's right to issue future shares. MPSi, acquired by MPS in 2018, aims to establish new standards for client partners globally through hyper-personalized training solutions.