Mphasis Ltd

📢 Mphasis Grants 72K ESOPs & 24K RSUs to Employees – Key Details Inside

- Mphasis granted 72,010 Employee Stock Options (ESOPs) under the ESOP 2016 plan on 21 May 2026.

- Each ESOP has an exercise price of ₹2,220.

- ESOPs vest over 5 years: 18,000 annually for the first four years, remaining 10 in the fifth year.

- Exercise period for ESOPs is 60 months from respective vesting dates.

- 24,000 Restricted Stock Units (RSUs) granted under the RSU Plan 2021 on 21 May 2026.

- RSUs have an exercise price of ₹10 per unit.

- RSUs vest equally over four years from the grant date.

- RSUs feature automatic exercise, with shares settled upon vesting.

- For non-automatic exercise, RSUs have a 48-month exercise window post-vesting.

- Both ESOPs and RSUs convert to one equity share of ₹10 each upon exercise.