MphasiS Limited has informed the Exchange regarding Grant of 24000 Options.
MPHASIS · price
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MphasiS Limited has announced the grant of 72,010 employee stock options under ESOP 2016 at an exercise price of ₹2,220 per option, vesting over 5 years (18,000 options each year for first four years, remaining 10 in fifth year). Additionally, 24,000 Restricted Stock Units (RSUs) were granted under RSU Plan 2021 at an exercise price of ₹10 per RSU, vesting equally over 4 years. Each option and RSU entitles the holder to one equity share of ₹10 each. The grants were approved by the ESOP Compensation Committee on 22 May 2026, with the grant date being 21 May 2026.
The stock option grants are part of the company's employee retention and compensation strategy. While the total potential dilution from 96,010 shares is relatively small for a company of MphasiS's size, shareholders should note the gradual share issuance over the vesting periods.