Mphasis Ltd

📈 Mphasis Allots 110,719 Shares to Employees Under Stock Option Plans

• 104,942 shares allotted under the ESOP 2016 plan

• 5,777 shares allotted under the RSU Plan 2021

• Mphasis Employees Equity Reward Trust deducts shares for ESOP exercise prices and taxes under the Cashless Scheme

• Mphasis Employees Benefit Trust deducts shares for RSU exercise prices and taxes upon vesting or exercise

• Proceeds from the sale of deducted shares will be used to repay company loans and applicable taxes