Mphasis Clarifies on Market Buzz, Promoter Indicates Possible Share Sale

Bengaluru, November 18, 2025 Mphasis Limited (NSE: MPHASIS, BSE: 526299) has issued two clarifications on Tuesday in reference to a potential sale of stake by its promoter. There was a considerable buzz around the update and the company, through an official communication, has clarified that it is not a party to any such purported transaction, making an effort to end the speculation. However, with a second update, the company did confirm the possibility of the promoter offloading 18 lakh equity shares of the company through open market transactions.

At 12:45 PM, the share price of Mphasis Limited traded at 2,669.80 (slightly lower by 0.70% from its previous closing price). The stock opened lower than the previous close but soon touched a high of ₹2708 per share before consolidating a bit in the afternoon session.

No Involvement in the Rumoured Transaction

As part of the first communication, the company clarified that a section of the media is reporting on a possible promoter-level stake sale. The management clarified that it is not party to any such proposed transaction, as it related solely to the promoter entity: Topco IX Pte Ltd, which is part of the Blackstone Group. The company also underlined that it reached out to the promoter for seeking more details and that there was no upcoming material event that requires such disclosure.

Prompter Expressing the Possibility of Stake Sale

Later during the day, the company informed the stock exchanges that the promoter had, in fact, indicated the possibility of selling up to 18 lakh equity shares of Mphasis, subject to market conditions. The proposed sale would be executed through open market transactions.

REF:https://nsearchives.nseindia.com/corporate/MPHASIS_18112025091458_Response_Market_Rumour_-update.pdf

https://nsearchives.nseindia.com/corporate/MPHASIS_18112025030551_Response_Market_Rumor_-_18_November_2025.pdf

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