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MphasiS LimitedOthers, 10-11-2024: ESOP/ESOS/ESPS

10-11-2024 | 09:37 pm

Mphasis Limited announced the allotment of 18,790 shares following the exercise of Employee Stock Options (11,938 shares) and Restricted Stock Units (6,852 shares) under their respective plans. The Mphasis Employees Equity Reward Trust will manage the exercise price and tax deductions for ESOPs, while the Mphasis Employees Benefit Trust will handle similar deductions for RSUs. Proceeds from any sold shares will be used to repay company loans and applicable taxes.

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