MphasiS Limited — Others, 12-12-2024: ESOP/ESOS/ESPS

Mphasis Limited has announced a board meeting to approve the grant of 25,000 stock options at ₹ 2,500 each, and 14,000 restricted stock units (RSUs) at ₹ 10 each to select employees. The stock options will vest over five years, while the RSUs will vest in stages over the same period. The share settlements will be managed through the Mphasis Employees Equity Reward Trust and Mphasis Employees Benefit Trust, respectively. This move aims to enhance employee retention and align their interests with company performance, potentially fostering a positive outlook among investors as it indicates a commitment to talent management and long-term value creation.