MPS Infotecnics Limited announced that members of the Board at its meeting held on June 29, 2023 took note of the continued absence, without any information and intimation, of Mr. Vishal Anand, Chief Executive Officer of the Company, from his duties despite being advised to report for duty and therefore the Board unanimously terminated the services of Mr. Vishal Anand from the position of Chief Executive Officer of the Company with immediate effect.