Mphasis Limited announced the grant of 10,000 stock options to its employees under the Employee Stock Option Plan 2016 (ESOP 2016), effective July 14, 2025. The decision was made by the ESOP Compensation Committee of the Board of Directors on July 14, 2025, and is subject to the provisions of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
| Particulars | Details |
|---|---|
| Number of Options Granted | 10,000 |
| Exercise Price | ₹2,700 per Option |
| Vesting Period | Vests over a period of 5 years in equal proportion |
| Exercise Period | 60 months from the respective date of vesting |
| Other Terms | The shares arising out of the exercise of the stock Options are proposed to be allotted and the Plan will be administered through Mphasis Employees Equity Reward Trust. Each Option entitles the holder to apply for one equity share of the Company of ₹10 each. |
ESOP 2016 Details
The grant of these stock options is in accordance with the Mphasis Employees Stock Option Plan 2016 (ESOP 2016), which was previously submitted to the stock exchanges during the in-principle approval process. Each option allows the holder to apply for one equity share of the company with a face value of ₹10.
Regulatory Compliance
This grant is governed by the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, ensuring compliance with the regulatory framework for employee stock options.
Company Information
Mphasis Limited is registered with CIN: L30007KA1992PLC025294, and its registered office is located at Bagmane World Technology Centre, Marathahalli Outer Ring Road, Doddanakundi Village, Mahadevapura, Bangalore 560 048, India.
