MPHASISBSEMphasis LtdHighNeutral
Announced Tue, 19 May · 17:25 IST

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Deutsche Bank AG,

Ownership Changes View source PDF

MPHASIS · price

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Price reaction · full curve 14 horizons · vs prior close
+0.0%1-day move
₹2218.20
prior close
₹2200.00
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.4+1.6+1.4+1.5+0.0+0.6+1.2+3.1+0.8+3.8+3.0+2.8+8.5
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AI summary

Deutsche Bank AG (Singapore Branch) as Agent disclosed creation of a first-ranking exclusive pledge over 58,299,642 equity shares of Mphasis Ltd (30.55% of total share capital) held by BCP Topco IX Pte. Ltd. (Borrower). The pledge was created on May 15, 2026 under a pledge agreement dated May 12, 2026, to secure term loan facilities under the 2026 Facility Agreement provided by a syndicate of 9 lenders including Citibank, Barclays, MUFG, HSBC, Morgan Stanley, BNP Paribas, Deutsche Bank, J.P. Morgan, and Nomura. The borrower has encumbered 100% of its Mphasis holding as collateral for the loan. Deutsche Bank entities independently hold 171,196 shares (0.09%) separately.

Likely market impact

This filing reveals that a major shareholder (BCP Topco IX) has pledged its entire 30.55% stake in Mphasis as loan security. While not a sale, this encumbrance creates risk of potential share disposal if the loan defaults, which could impact stock supply. The pledge is below the 50% threshold that would trigger additional disclosure requirements.