Mphasis to Participate in DAM Capital IT Investor Conference on May 13, 2026

1 min read     Updated on 08 May 2026, 06:06 AM
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Ashish TScanX News Team
AI Summary

Mphasis Limited has informed stock exchanges of its participation in the DAM Capital IT Investor Conference scheduled for May 13, 2026, in Mumbai, featuring one-on-one and group meetings with institutional investors. The disclosure, filed on May 07, 2026, by Senior Vice President and Company Secretary Mayank Verma, confirms that no Unpublished Price Sensitive Information will be shared at the event, in compliance with SEBI Regulation 30.

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Mphasis Limited has notified the stock exchanges of its scheduled participation in an upcoming institutional investor conference, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was filed on May 07, 2026, and signed by Mayank Verma, Senior Vice President and Company Secretary of the company.

Investor Conference Details

The company will be participating in the DAM Capital IT Investor Conference, with the key details of the scheduled engagement outlined below:

Parameter: Details
Conference Name: DAM Capital IT Investor Conference
Date: May 13, 2026
Type of Meeting: One-One & Group
Location: Mumbai

Regulatory Compliance and Disclosure

The intimation has been made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mphasis has explicitly stated that no Unpublished Price Sensitive Information will be shared during the conference. The company has also noted that the above-mentioned schedule is subject to change due to exigencies on the part of investors or the company.

The intimation is additionally available on the company's official website at www.mphasis.com . The filing was submitted to both BSE Limited and the National Stock Exchange of India Limited for record purposes.

Historical Stock Returns for Mphasis

1 Day5 Days1 Month6 Months1 Year5 Years
+0.96%-2.75%-4.89%-19.07%-7.83%+19.93%

What key strategic updates or financial guidance might Mphasis management signal to institutional investors at the DAM Capital IT Conference that could influence analyst sentiment?

How might Mphasis's participation in institutional investor conferences impact its foreign institutional investor (FII) and domestic institutional investor (DII) shareholding patterns in the coming quarters?

Given the current macroeconomic environment affecting IT spending, what sector-specific themes is Mphasis likely to highlight to differentiate itself from peers at the conference?

Mphasis Receives GST Penalty Order of Rs. 1,941,007 from Bengaluru Tax Authority

1 min read     Updated on 06 May 2026, 01:32 PM
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AI Summary

Mphasis Limited received a penalty order of Rs. 1,941,007 from the Joint Commissioner of Commercial Taxes (Appeals-5), Koramangala, Bengaluru, on May 5, 2026. The penalty was imposed in Form GST APL-04 under Section 73(9) of the Karnataka Goods and Services Tax Act, 2017, relating to late reversal of input tax credit, non-submission of SEZ endorsement, and determination of place of supply for export transactions. The company has confirmed that the order carries no impact on its financial, operational, or other activities. The disclosure was made in compliance with Regulation 30 of the SEBI Listing Regulations.

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Mphasis Limited has received a penalty order from the Joint Commissioner of Commercial Taxes (Appeals-5), Koramangala, Bengaluru, imposing a penalty of Rs. 1,941,007. The order, issued in Form GST APL-04 under Section 73(9) of the Karnataka Goods and Services Tax Act, 2017, was received by the company on May 5, 2026. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Clause 20 of Para A of Part A of Schedule III thereof.

Details of the Penalty Order

The following table summarises the key particulars of the penalty order as disclosed by the company:

Parameter: Details
Issuing Authority: Joint Commissioner of Commercial Taxes (Appeals-5), Koramangala, Bengaluru
Order Form: GST APL-04
Applicable Provision: Section 73(9) of the Karnataka Goods and Services Tax Act, 2017
Penalty Amount: Rs. 1,941,007
Date of Receipt: May 5, 2026
Financial Impact: No impact on financial, operational, or other activities

Nature of Alleged Contraventions

The penalty pertains to the following alleged violations as specified in the order:

  • Late reversal of input tax credit under Rule 42 of the Central Goods and Services Tax Act, 2017
  • Non-submission of special economic zone endorsement
  • Determination of place of supply for export transactions

Company's Assessment of Impact

Mphasis has stated that the penalty order has no impact on its financial, operational, or other activities. The intimation was filed with BSE Limited and the National Stock Exchange of India Limited in compliance with the applicable SEBI listing regulations. The information has also been made available on the company's official website at www.mphasis.com . The disclosure was signed by Mayank Verma, Senior Vice President and Company Secretary of Mphasis Limited.

Historical Stock Returns for Mphasis

1 Day5 Days1 Month6 Months1 Year5 Years
+0.96%-2.75%-4.89%-19.07%-7.83%+19.93%

Will Mphasis appeal the GST penalty order, and what is the likelihood of a successful challenge given the nature of the alleged contraventions?

Could this penalty signal broader GST compliance scrutiny across India's IT services sector, particularly around input tax credit reversals and SEZ-related transactions?

How might repeated GST disputes or regulatory penalties affect Mphasis's compliance costs and audit processes in the medium term?

More News on Mphasis

1 Year Returns:-7.83%