Mphasis Allots 7,386 Shares Under ESOP and RSU Plans

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Mphasis Limited's board has approved the allotment of 7,386 shares under its Employee Stock Options Plan (ESOP) 2016 and Restricted Stock Units (RSU) Plan 2021, according to a resolution dated September 12, 2025. The decision was made by the ESOP Compensation Committee of the Board on September 13, 2025.

The allotment includes 7,000 shares under the ESOP 2016 plan and 386 shares under the RSU Plan 2021. The terms and time period for the exercise of these ESOPs and RSUs are as per the respective plans, which have already been submitted to the Stock Exchanges.

The company has also noted that for employees who have exercised ESOPs under the Cashless Scheme approved by shareholders as per Section 67 of the Companies Act, 2013, at the 33rd Annual General Meeting held on July 25, 2024, the Mphasis Employees Equity Reward Trust will deduct shares to cover the exercise price and applicable taxes. The proceeds from the sale of these deducted shares will be used to repay loans from the company.

Additionally, in terms of the RSU Plan 2021, the Mphasis Employees Benefit Trust will deduct shares from the allotted shares to cover the exercise price and applicable taxes upon vesting/exercise of RSUs, as approved by shareholders under Section 67 of the Companies Act, 2013, at the 30th Annual General Meeting held on September 29, 2021. The proceeds from the sale of such deducted shares will be utilized by the Trust to repay the loan(s) from the Company and the applicable taxes.

Mayank Verma, Senior Vice President and Company Secretary, has communicated that this information is for record purposes.