MPHASISBSEMphasis LtdMediumNeutral
Announced Tue, 19 May · 17:15 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for DB International Trust (Singapore) Ltd

Pledge ReleasedOwnership Changes View source PDF

MPHASIS · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+0.0%1-day move
₹2218.20
prior close
₹2200.00
base price
After-mkt
timing
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
Up moveDown movePending
AI summary

Deutsche Bank, acting as security agent for lenders under a USD 1.1 billion term loan facility (2021 Facility), has disclosed the full repayment and release of encumbrance over 58,299,642 equity shares of Mphasis Ltd (30.55% stake) held by borrower BCP Topco IX Pte. Ltd. The loan was fully repaid on May 15, 2026, triggering the release of the 2021 Encumbrance. The encumbrance was an indirect one — created via a share pledge over 100% of BCP Topco shares held by its parent, BCP Asia, rather than a direct pledge on Mphasis shares. Deutsche Bank's own holding (0.09%) and Nomura's futures interest (0.01%) are separately noted as independent positions. BCP Topco's actual beneficial ownership of 30.55% of Mphasis remains unchanged; only the security interest has been released.

Likely market impact

The release removes a cloud over 30.55% of Mphasis shares, reducing lending-related risk for holders. The borrower's economic stake is unchanged, so no immediate dilution of promoter control is implied — but the shares are now freely available should the shareholder choose to sell or encumber them differently.