Mphasis Limited has scheduled its 35th Annual General Meeting (AGM) for Thursday, 23 July 2026 at 9:00 am (IST) through Video Conferencing (VC) or Other Audio Visual Means (OAVM), in compliance with the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also submitted a revised Annual Report for the financial year 2025-26 to the stock exchanges on 2 July 2026, updated solely to include the Chairman's Statement by Girish S. Paranjpe. Except for this addition, no other changes were made to the Annual Report. The original Annual Report was dispatched electronically to members on 1 July 2026, and the revised version has been uploaded on the company's website at www.mphasis.com , accessible through the same link previously communicated. The communication was signed by Mayank Verma, Senior Vice President and Company Secretary.

Revised Annual Report and Chairman's Statement

In his Chairman's Statement, Girish S. Paranjpe drew parallels between the Indian IT industry's historical resilience across multiple tests — Y2K, the dot-com bust, the 2008 financial crisis, and the current AI transformation era — and Mphasis' strategic positioning. He highlighted that the company's AI-led pipeline has grown from 25% two years ago to 69% at the close of FY26, and that Mphasis Tria, the company's Enterprise Agency Platform, is designed to help enterprises move from AI experimentation to scaled, governed business outcomes. The Chairman expressed confidence in the pipeline strength, platform investments, and the team's capabilities, reaffirming commitment to long-term stakeholder value creation.

Final Dividend and Record Date

The Board of Directors recommended a final dividend of ₹62 per equity share of face value ₹10 each for the financial year ended 31 March 2026. The total net cash outflow, if approved, will be approximately ₹11,831.99 million. The record date for determining eligibility is Wednesday, 8 July 2026. The Register of Members and Share Transfer Books will remain closed from Thursday, 9 July 2026 to Thursday, 23 July 2026 (both days inclusive). The dividend, if approved, shall be paid on or before Friday, 21 August 2026.

E-Voting and AGM Schedule

The company has engaged National Securities Depository Limited (NSDL) to facilitate remote e-voting and e-voting during the AGM. Mr. S P Nagarajan (PCS No. 4738), Practicing Company Secretary, has been appointed as the scrutinizer. The following table summarises key AGM and dividend-related dates:

Agenda and Business Highlights

The AGM agenda includes the adoption of audited standalone and consolidated financial statements for FY26 and the declaration of the final dividend. Under ordinary business, shareholders will also vote on the re-appointment of Mr. Kabir Mathur and Mr. Pankaj Sood, who retire by rotation. Under special business, shareholders will vote on the re-appointment of Ms. Maureen Anne Erasmus as an Independent Director for a second term of five consecutive years effective 20 December 2026, and the re-appointment of Mr. Nitin Rakesh as Chief Executive Officer and Managing Director for a period of five years effective 1 October 2026. Mr. Rakesh's remuneration includes a salary of USD 1 million per annum and a target bonus of USD 1 million per annum.

FY26 Financial and Business Performance

The Annual Report highlights strong operational and financial performance for FY26. The following table summarises key financial metrics:

During FY26, the company allotted 742,729 equity shares pursuant to exercise of stock options and restricted stock units, bringing the paid-up equity share capital to ₹1,908,195,700 divided into 190,819,570 equity shares of face value ₹10 each. The company's ICRA rating was reaffirmed at [ICRA]AA+(Stable)/[ICRA]A1+ for long-term/short-term fund-based/non-fund based instruments with a rated amount of ₹1,600 crore.

Mphasis announced on June 29, 2026, that it has become a member of the Microsoft Intelligent Security Association (MISA). This strategic move aims to enhance the company's ability to defend mutual customers against increasing cyber threats by integrating its solutions with Microsoft Security technology. The membership underscores Mphasis's commitment to delivering AI-driven, data-centric, and automation-first cybersecurity solutions.

The collaboration builds upon existing services such as Managed Security Services, Cyber Fusion Center (CFC) Services, and Consulting and Advisory Services. These offerings are built around Microsoft Technologies, including Microsoft Sentinel, Microsoft Entra, Microsoft Intune, Microsoft Purview, Microsoft Defender, and Microsoft 365 Copilot. By leveraging these tools, Mphasis provides a comprehensive framework designed to help enterprises proactively protect, detect, investigate, and respond to threats across their digital estate.

Srikumar Ramanathan, Chief Solutions Officer at Mphasis, stated that the inclusion in MISA reflects the company's deep alignment with Microsoft Security platforms. He emphasized that Mphasis is dedicated to delivering innovative solutions that protect enterprises and transform how they manage modern-day cyber risks. The integration of Microsoft's advanced threat protection capabilities with Mphasis' domain expertise and Agentic AI accelerators allows organizations to secure endpoints, identities, data, cloud apps, and infrastructure with greater agility.

Maria Thomson, Director of the Microsoft Intelligent Security Association, welcomed Mphasis to the ecosystem. She noted that MISA members share Microsoft's commitment to collaboration within the cybersecurity community to improve customers' ability to predict, detect, and respond to security threats faster. Established in 2018, MISA focuses on collaborating to combat security threats and create a safer environment for all by providing intelligent, industry-leading security solutions.

The membership is expected to empower enterprises to strengthen cybersecurity resilience while accelerating threat detection and response. Mphasis' Managed Security Services are available on the Microsoft Marketplace, designed to help clients confidently achieve their core business objectives amidst an ever-increasing threat landscape.