MPF Systems Share Price

MPF Systems Limited, formerly known Mather Platt Fire Systems Limited was incorporated on 2nd July, 1993. The Company, Mather Platt Fire Systems Limited, a member of Manu Chhabrias Jumbo Group came into existence on Demerger of Fire Securities Division from Mather Platt India Limited. The Company was formed as a result of a Demerger of Mather and Platt (India) Limited on 18 April, 2001. Consequently the business of Fire Systems was transferred to the Company. The Companys name was changed from Mather Platt Fire Systems Limited to MPF Systems Limited on February 7, 2014. The Company is engaged in the business of Commercial Services in India.The Company had acquired 51 % paidup equity share capital of the Company from Mather and Platt II Limited, Mauritius and it became subsidiary of the erstwhile holding Company during the year 2003. Through Share Purchase Agreement between Wilo AG, Germany and the erstwhile Promoters of the Company, the Company was made a subsidiary of Wilo AG during FY 2005.In FY 201415, pursuant to the Share Purchase Agreement dated July 01, 2014, the Company took on record the transfer of 1,887,697 Equity Shares of Rs. 10 each held by Wilo Se (the erstwhile Holding Company), representing 55.48% of the issued, subscribed and paidup equity share capital of the Company, to Royal Nirman Private Limited resulting in change of control in the Company.