HDFC Mutual Fund has officially crossed the 5% shareholding threshold in Mphasis Limited, triggering mandatory disclosure requirements under securities regulations. The fund's aggregate holdings reached 5.01% of the company's paid-up equity share capital as of January 16, 2026.

Shareholding Details and Acquisition

The disclosure reveals that HDFC Mutual Fund's total shareholding increased from 4.90% to 5.01% through open market acquisitions. The fund acquired 2,04,615 additional shares, representing 0.11% of the company's total share capital.

Company Capital Structure

Mphasis Limited's paid-up equity share capital stands at ₹190.56 crores, comprising 19,05,57,873 equity shares of ₹10.00 each. The company's shares are listed on both BSE Limited and the National Stock Exchange of India Limited.

HDFC Mutual Fund Schemes Involved

The shareholding is distributed across multiple HDFC Mutual Fund schemes managed by HDFC Trustee Company Limited. The participating schemes include:

• HDFC BSE 500 ETF and Index Fund
• HDFC Arbitrage Fund and Value Fund
• HDFC Balanced Advantage Fund
• HDFC Innovation Fund and Technology Fund
• HDFC Large and Mid Cap Fund
• HDFC Multi Cap Fund and Mid Cap Fund
• Various NIFTY-based ETFs and Index Funds
• HDFC ELSS Tax Saver

Regulatory Compliance

The disclosure was made in accordance with Regulation 29(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires disclosure when an entity's shareholding crosses the 5% threshold in a listed company. HDFC Asset Management Company Limited, as the investment manager for HDFC Mutual Fund, confirmed that the fund does not belong to the promoter or promoter group of Mphasis Limited.

The acquisition represents a strategic investment by one of India's leading mutual fund houses in the IT services company, reflecting confidence in Mphasis Limited's business prospects and growth potential in the technology sector.

Mphasis Limited has granted 10,000 stock options to an identified employee under its Employee Stock Option Plan 2016 (ESOP 2016). The company informed stock exchanges about this development on 19 January 2026, following the approval by the ESOP Compensation Committee of the Board of Directors.

Grant Details and Terms

The stock option grant carries specific terms and conditions that govern the employee's participation in the equity reward program. The following table outlines the key parameters of the grant:

Each option entitles the holder to apply for one equity share of the company. The vesting structure ensures that the options become exercisable gradually over the five-year period, providing long-term incentive alignment between the employee and the company's performance.

Administration and Compliance

The Employee Stock Option Plan 2016 will be administered through Mphasis Employees Equity Reward Trust. The shares arising from the exercise of these stock options are proposed to be allotted in accordance with the established ESOP framework. The grant operates under the provisions of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The ESOP 2016 Plan was previously submitted to the exchanges at the time of obtaining in-principle approval, ensuring regulatory compliance for the current grant.

Corporate Structure

Mphasis Limited, with its registered office at Bagmane World Technology Centre in Bangalore, operates under CIN: L30007KA1992PLC025294. The company maintains its investor relations through established communication channels and continues to adhere to listing and SEBI regulations for all equity-related transactions and disclosures.