An update from Mphasis Limited ( (IN:MPHASIS) ) is now available.
Mphasis Limited has announced the exercise of 145,180 Employee Stock Options (ESOPs) and 2,327 Restricted Stock Units (RSUs) as part of its Employee Stock Options Plan 2016 and RSU Plan 2021. The exercise of these options reflects the company’s ongoing commitment to employee incentives and aligns with shareholder-approved schemes to manage the financial aspects of these exercises, including the deduction of shares to cover exercise prices and taxes. This move is likely to impact the company’s financial structure and employee engagement positively.
More about Mphasis Limited
Mphasis Limited operates in the information technology industry, providing IT services and solutions with a focus on cloud and cognitive services, digital transformation, and application services. The company serves various sectors including banking, financial services, and insurance, among others.
YTD Price Performance: -12.33%
Average Trading Volume: 9,922
Current Market Cap: 475.6B INR
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