Mphasis Ltd has announced that its ESOP Compensation Committee, through a resolution passed on July 14, 2025, has approved the grant of 10,000 stock options to selected employees under the Company’s Employee Stock Option Plan 2016 (ESOP 2016). The grant is in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
Key terms of the grant are as follows:
Exercise Price: ?2,700 per option
Vesting Period: Options will vest in equal installments over a period of five years
Exercise Period: Employees may exercise their options within 60 months from the date of vesting
Other Details: Shares arising from the exercised options will be allotted and managed through the Mphasis Employees Equity Reward Trust
Each option entitles the holder to apply for one equity share of ?10 each. The grant is in line with the ESOP 2016 Plan, which had previously received in-principle approval from stock exchanges.