Exercise of 37750 Stock Options and 1443 Restricted Stock Units
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Mphasis Ltd has announced the allotment of 37,750 equity shares against exercised Employee Stock Options (ESOPs) under the ESOP 2016 plan and 1,443 equity shares under the Restricted Stock Units Plan 2021. The ESOP Compensation Committee approved this allotment on 7 May 2026. For employees using the Cashless Scheme, the Mphasis Employees Equity Reward Trust will deduct shares to cover the exercise price and applicable taxes. Similarly, for RSU exercises, the Mphasis Employees Benefit Trust will deduct shares to cover costs and taxes before repayment of company loans.
This is a routine disclosure with minimal direct impact on stock price. The dilution from 39,193 new shares is minimal relative to Mphasis's total outstanding shares and reflects standard employee compensation activity.