MphasiS Limited has informed the Exchange that Board of Directors at its meeting held on April 24, 2025, recommended Final Dividend of Rs. 57 per equity share.
MPHASIS · price
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On the reaction day the stock moved 4.5 pts more than Nifty Midcap 150 and 4.5 pts more than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The Board of Directors of MphasiS Limited, at its meeting held on April 24, 2025, has recommended a Final Dividend of Rs. 57 per equity share for the financial year. This dividend is subject to approval by shareholders at the upcoming Annual General Meeting. The record date and payment date will be announced separately by the company. MphasiS is a mid-sized IT services company listed on NSE and BSE, majority-owned by Blackstone.
This is a positive signal for shareholders, reflecting the company's healthy cash generation and consistent shareholder reward policy. Final dividend declarations are typically accompanied by the company's annual earnings results, which could drive near-term stock movement.