Mphasis Ltd

Mphasis Receives ₹2,286 Crore Tax Demand Notice 📄

- Tax demand of ₹2,286.86 crores received on March 25, 2026

- Additions relate to ESOP expenses, subcontractor payments without tax deduction, and GST turnover differences

- Management states no expected material financial impact

- Company will file a rectification petition and appeal against the order

- No penalties or restrictions were imposed