Mphasis has issued a clarification regarding recent reports of Blackstone Group potentially reducing its stake in the company. The IT services firm has emphasized that it is not directly involved in any such transaction.

Key Points of Clarification

• Mphasis is not a party to the reported potential transaction involving Blackstone trimming its stake.
• Any such deal would involve the company's promoter, BCP Topco IX Pte. Ltd., which is part of the Blackstone Group.
• The company has reached out to its promoter to seek further information on the matter.

Regulatory Compliance

Mphasis has stated that there is currently no material event or information that requires disclosure under the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. However, the company has assured that it will make appropriate disclosures in compliance with applicable laws if and when required.

Market Impact

While the news of a potential stake sale by a major shareholder like Blackstone could influence market sentiment, Mphasis's clarification aims to provide transparency and maintain investor confidence. The company's proactive communication demonstrates its commitment to keeping shareholders informed about significant corporate developments.

About Mphasis

Mphasis is a leading IT services and solutions provider specializing in cloud and cognitive services. The company's clarification regarding the reported stake sale underscores its focus on maintaining clear communication channels with its investors and regulatory bodies.

Investors and market participants are advised to rely on official company statements and regulatory filings for accurate information regarding any potential changes in Mphasis's ownership structure.

Mphasis Limited, a leading IT services and solutions provider, has announced significant developments in its employee stock benefit programs. The company has completed the allotment of shares against the exercise of Employee Stock Options (ESOPs) and Restricted Stock Units (RSUs), while also approving new grants for identified employees.

Share Allotment Through Exercise

The ESOP Compensation Committee of the Board approved the allotment of shares on December 10, 2025, following the exercise of stock options and RSUs by employees. The allotment details are as follows:

The terms and time period of exercise for both ESOPs and RSUs are governed by their respective plans, which have been previously submitted to the stock exchanges.

New Stock Benefits Grant

In addition to the share allotments, the company has granted fresh employee stock benefits comprising 25,000 stock options and 7,500 RSUs to identified employees of the company and its subsidiaries.

Stock Options Grant Details

The 25,000 stock options have been granted under the Employee Stock Option Plan 2016 with the following terms:

Restricted Stock Units Grant Details

The 7,500 RSUs have been granted under the Restricted Stock Units Plan 2021 with these specifications:

Cashless Exercise Provisions

For employees exercising ESOPs under the Cashless Scheme, the Mphasis Employees Equity Reward Trust will deduct appropriate shares from the allotment to cover the exercise price and applicable taxes. This scheme was approved by shareholders under Section 67 of the Companies Act, 2013, at the 33rd Annual General Meeting held on July 25, 2024.

Similarly, for RSUs under the RSU Plan 2021, the Mphasis Employees Benefit Trust will deduct shares to cover exercise price and taxes upon vesting or exercise. This provision was approved at the 30th Annual General Meeting held on September 29, 2021.

Implementation and Governance

Both programs are administered through dedicated employee trusts and comply with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The proceeds from the sale of deducted shares will be utilized by the respective trusts to repay loans from the company and cover applicable taxes.

These developments demonstrate Mphasis's commitment to employee retention and motivation through equity participation, aligning employee interests with shareholder value creation in the competitive IT services sector.