MphasiS Limited — Others, 28-01-2025: ESOP/ESOS/ESPS

Mphasis has announced a board meeting to discuss the exercise of Employee Stock Options (ESOPs) and Restricted Stock Units (RSUs). The ESOP Compensation Committee has approved the allotment of 278,778 shares under the ESOP 2016 and 103 shares under the RSU Plan 2021. The exercised options will involve the Mphasis Employees Equity Reward Trust and Mphasis Employees Benefit Trust deducting shares to cover exercise prices and applicable taxes. This move may enhance employee engagement and retention, potentially fostering a positive outlook among investors as it reflects the company’s commitment to its workforce.