MphasiS Limited has informed the Exchange about General Updates
MPHASIS · price
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MphasiS Limited's ESOP Compensation Committee, at its meeting on 12 March 2026, approved the allotment of 148,556 shares under the ESOP 2016 plan and 2,422 shares under the RSU Plan 2021, following the exercise of stock options and restricted stock units by employees. For employees who exercised options under the cashless scheme approved by shareholders in July 2024, the Mphasis Employees Equity Reward Trust will withhold a portion of the allotted shares to cover the exercise price and applicable taxes. Similarly, under the RSU Plan 2021, the Mphasis Employees Benefit Trust will deduct shares to cover exercise price and taxes upon vesting/exercise.
This is a routine employee stock plan allotment resulting in a minor dilution of around 150,978 shares, which is negligible relative to MphasiS's overall share base. No material impact on shareholders or stock price is expected.