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An announcement from Mphasis Limited ( (IN:MPHASIS) ) is now available.
Mphasis Limited has announced the grant of 5,000 stock options to an identified employee under its Employee Stock Option Plan 2016. The options, priced at ₹2,700 each, will vest over five years and are exercisable within 60 months from the vesting date. This move is part of Mphasis’s strategy to incentivize and retain key talent, potentially impacting the company’s operational dynamics and aligning employee interests with shareholder value.
More about Mphasis Limited
Mphasis Limited operates in the IT services industry, providing a range of services including application development, infrastructure outsourcing, and business process outsourcing. The company focuses on delivering technology solutions to clients across various sectors, enhancing their digital transformation and operational efficiency.
Average Trading Volume: 329,452
Technical Sentiment Signal: Strong Buy
Current Market Cap: 540.7B INR
Learn more about MPHASIS stock on TipRanks’ Stock Analysis page.