Mphasis Ltd

Major Stake Sale in Mphasis: BCP Topco Sells 9.46% Shares 📉

- BCP Topco IX Pte. Ltd. sold 1,80,00,000 shares (9.46%) of Mphasis on 18 November 2025.

- Post-sale, BCP Topco's stake in Mphasis dropped from 40.10% (7,62,99,642 shares) to 30.64% (5,82,99,642 shares).

- BCP Topco is a wholly owned subsidiary of BCP Asia (SG) Mirror Holding Pte. Ltd.

- Parent company pledged 100% of its shares in BCP Topco to secure a $1.1 billion term loan.

- The pledge was created under a Singapore law-governed security document dated 28 July 2021.

- BCP Topco has not pledged any equity shares of Mphasis.

- The loan involves 35 financial institutions, including major banks like Barclays, Citibank, and Deutsche Bank.