Grant of 72010 Stock Options and 24000 Restricted Stock Units dated 21 May 2026
MPHASIS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mphasis has announced the grant of 72,010 employee stock options (ESOPs) under the ESOP 2016 plan and 24,000 restricted stock units (RSUs) under the RSU Plan 2021. The ESOPs have an exercise price of ₹2,220 per option and vest over 5 years (18,000 options each year for first 4 years, with 10 options in the 5th year), with a 60-month exercise window from vesting. The RSUs have a nominal exercise price of ₹10 per unit and vest equally over 4 years, with provisions for automatic exercise or exercise by notice within 48 months of vesting. Each option/RSU entitles the holder to one equity share of ₹10 face value.
This is a routine employee compensation disclosure thatdilutes shareholder equity marginally. The large gap between the ₹2,220 exercise price and the ₹10 face value suggests the options are granted at current market prices, aligning employee interests with shareholders.