MphasiS Limited has informed the Exchange regarding Grant of 72010 Options.
MPHASIS · price
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MphasiS Limited's ESOP Compensation Committee approved grant of 72,010 Employee Stock Options under ESOP 2016 and 24,000 Restricted Stock Units under RSU Plan 2021 on 22 May 2026. The ESOP options have an exercise price of ₹2,220 per option with vesting spread over 5 years (18,000 options per year for first 4 years, 10 in the 5th year). The RSUs have an exercise price of ₹10 per unit vesting equally over 4 years. Each option/RSU entitles the holder to one equity share of ₹10 face value. The RSUs include automatic exercise provisions with an exercise period of up to 48 months from vesting.
Standard equity compensation grant to identified employees. Results in minor equity dilution for existing shareholders but aligns employee interests with company performance over the vesting period.