Kotak Mahindra Mutual Fund Boosts Stake in Mphasis to 9.28%

Mphasis , a leading IT services and solutions provider, has seen a significant increase in shareholding by Kotak Mahindra Mutual Fund. The fund house acquired 32,55,495 equity shares through open market purchases, raising its stake from 7.57% to 9.28% of Mphasis's total share capital.

Key Details of the Transaction

Aspect	Details
Acquirer	Kotak Mahindra Mutual Fund
Target Company	Mphasis Limited
Shares Acquired	32,55,495
Mode of Acquisition	Open market purchases
Previous Stake	7.57%
New Stake	9.28%

This substantial increase in shareholding was disclosed under the Securities and Exchange Board of India (SEBI) regulations for substantial acquisitions.

Market Impact and Company Background

The move by Kotak Mahindra Mutual Fund to increase its stake in Mphasis may be seen as a vote of confidence in the company's future prospects. Mphasis, known for its cloud and cognitive services, has been a key player in the IT services sector.

While this transaction represents a significant change in Mphasis's ownership structure, it's important to note that it coincides with other shareholding changes. According to the LODR data, BCP Topco IX Pte. Ltd., another major shareholder, recently reduced its stake in Mphasis. BCP Topco sold 1,80,00,000 shares (9.46% of the company) in an on-market sale, decreasing its holding from 40.10% to 30.64%.

Regulatory Compliance

The disclosure of this acquisition aligns with SEBI's regulations on substantial share acquisitions, ensuring transparency in the market. Such disclosures are crucial for maintaining market integrity and keeping investors informed about significant changes in company ownership.

As the investment landscape continues to evolve, market participants will likely keep a close eye on further developments in Mphasis's shareholding pattern and how these changes might influence the company's strategic direction.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.66%	+4.19%	+5.13%	+16.18%	-3.62%	+117.87%

In a significant corporate action, BCP Topco IX Pte. Ltd. and affiliated Blackstone entities have reduced their stake in Mphasis Limited , a prominent IT services company. The transaction, which took place on November 18, 2025, involved the sale of 1,80,00,000 shares through an off-market transaction.

Stake Reduction Details

The off-market sale has resulted in a substantial change in the ownership structure of Mphasis Limited. Here's a breakdown of the transaction:

Aspect	Before Sale	After Sale	Change
Number of Shares	7,62,99,642	5,82,99,642	-1,80,00,000
Stake Percentage	40.10%	30.64%	-9.46%

This move represents a significant reduction in the combined holding of Blackstone entities in Mphasis Limited.

Transaction Specifics

Date of Sale: November 18, 2025
Mode of Sale: Off-market transaction
Shares Sold: 1,80,00,000
Percentage Stake Sold: 9.46% of the total share capital

Impact on Shareholding

The sale has altered the promoter group's stake in Mphasis Limited:

Pre-sale Holding: 40.10% of the total share capital
Post-sale Holding: 30.64% of the total share capital

Company Background

Mphasis Limited is a well-known player in the IT services sector. The company's shares are listed on both the BSE Limited and the National Stock Exchange of India Limited.

Regulatory Compliance

This transaction was disclosed under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Such disclosures ensure transparency in significant ownership changes in listed companies.

The move by Blackstone entities to reduce their stake in Mphasis Limited marks a notable shift in the company's ownership structure. This transaction reflects changes in the company's investor composition, which may be of interest to other shareholders and market observers.