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MPS today announced that its Artificial Intelligence Management System (AIMS) has been certified to ISO/IEC 42001:2023, the world's first international standard for AI management systems.
The certification was awarded by DNV Business Assurance, which is accredited by the Dutch Accreditation Council (RvA), following a comprehensive multi-stage audit, and confirms that MPS develops, deploys, and manages AI under a governed framework covering risk assessment, human oversight, data governance, transparency, and accountability across the AI lifecycle.
Publishers, universities, and learning companies increasingly want to know who is accountable when AI acts on their content, and whether anyone outside the vendor has checked. ISO/IEC 42001, published by the International Organization for Standardization in December 2023, was written so those questions can be answered with evidence.
MPS North America LLC (MPS NA), a Florida limited liability company and a subsidiary of MPS ( Company), has entered into an Agreement and Plan of Merger with American Journal Experts, LLC, North Carolina (AJE-NC) and American Journal Experts, LLC, Delaware (AJE-DE), for undertaking a two-step merger transaction.
The merger is undertaken in the following two steps:
1. First Merger – Merger of AJE-NC with and into AJE-DE
AJE-NC has merged with and into AJE-DE, with AJE-DE continuing as the surviving entity.
The First Merger became effective on 01 August 2026. Upon the effectiveness of the First Merger, the separate existence of AJE-NC ceased, and AJE-DE, as the surviving entity, succeeded to and assumed all the rights, privileges, powers and assets of AJE-NC, as well as its debts, liabilities and obligations, in accordance with applicable law and the terms of the Agreement and Plan of Merger.
2. Second Merger – Merger of AJE-DE with and into MPS North America LLC
Pursuant to the effectiveness of the First Merger, AJE-DE will merge with and into MPS North America LLC, with MPS North America LLC continuing as the final surviving entity.
The Second Merger is proposed to become effective in accordance with the terms of the Agreement and Plan of Merger and applicable law. Upon effectiveness of the Second Merger, the separate existence of AJE-DE shall cease and MPS North America LLC, as the surviving entity, shall succeed to and assume the rights, privileges, powers and assets of AJE-DE, including those acquired by AJE-DE pursuant to the First Merger, together with all debts, liabilities and obligations of AJE-DE. The effectiveness of the Second Merger shall be intimated to the Stock Exchanges in due course in accordance with the applicable regulatory requirements.
Accordingly, upon completion of the aforesaid two-step merger, MPS North America LLC is proposed to be the final surviving entity, with the business, assets, rights, liabilities and obligations of AJE-NC and AJE-DE being consolidated into MPS North America LLC in accordance with applicable law and the terms of the Agreement and Plan of Merger.
The company's EBITDA jumped 53.03% to Rs 76.96 crore in Q1 FY27 from Rs 50.29 crore in Q1 FY26. Consequently, the EBITDA margin expanded to 34.32% from 27.00% a year ago.
During the quarter, the company's headcount increased to 3,352 employees from 3,263 in the year-ago period.
Segment-wise, research revenue rose 13.22% YoY to Rs 123.23 crore, while education revenue increased 42.21% to Rs 73.41 crore. Revenue from the corporate learning segment grew 6.89% YoY to Rs 27.60 crore.
The research segment contributed 55% of total revenue during Q1 FY27, followed by education at 32.7% and corporate learning at 12.3%.
Meanwhile, the company’s board approved the incorporation of a wholly owned subsidiary (WOS) in Singapore to strengthen its international presence. It will invest of up to Rs 1 crore towards subscription to the share capital of the proposed WOS, in one or more tranches.
In addition, the board approved the the appointment of Papinani Radha Rani, General Counsel of the company, as the chief risk officer (CRO) of the company with effect from 21 July 2026, in addition to her existing responsibilities. Meanwhile, Vijendra Narendra Kumar ceased to be the CRO from the same date and will continue in his role as Chief Technology Officer (CTO).
MPS is a leading B2B provider of learning, content, and platform solutions for the global education and research sectors. The company offers a comprehensive range of services, including content development and production, editorial support, project management, creative design, digital conversion, technical services, peer review, licensing, hosting, and annual maintenance (AMC).
MPS Ltd, Uflex Ltd, Asahi Songwon Colors Ltd and Asian Star Company Ltd are among the other gainers in the BSE's 'B' group today, 22 July 2026.
Rajdarshan Industries Ltd soared 19.98% to Rs 40.47 at 22-Jul-2026 EOD IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 3441 shares were traded on the counter so far as against the average daily volumes of 473 shares in the past one month.
MPS Ltd spiked 18.91% to Rs 2545.05. The stock was the second biggest gainer in 'B' group. On the BSE, 55042 shares were traded on the counter so far as against the average daily volumes of 1761 shares in the past one month.
Uflex Ltd surged 14.76% to Rs 503. The stock was the third biggest gainer in 'B' group. On the BSE, 2.7 lakh shares were traded on the counter so far as against the average daily volumes of 3669 shares in the past one month.
Asahi Songwon Colors Ltd added 12.89% to Rs 299. The stock was the fourth biggest gainer in 'B' group. On the BSE, 3966 shares were traded on the counter so far as against the average daily volumes of 753 shares in the past one month.
Asian Star Company Ltd jumped 11.99% to Rs 699.95. The stock was the fifth biggest gainer in 'B' group. On the BSE, 1 shares were traded on the counter so far as against the average daily volumes of 40 shares in the past one month.