MPHASIS LTD. - Exercise of Restricted Stock Units

Mphasis Ltd has informed BSE that the exercise of the following stock units have been approved by the ESOP Compensation Committee of the Company on May 17, 2016 vide resolution dated May 17, 2016.<BR><BR>Scheme - RSU 2014<BR>RSUs Exercised - 948<BR><BR>Scheme - ESOP 1998 Ver II<BR>RSUs Exercised - 400<BR><BR>Total - 1348<BR><BR>The terms and time period of exercise of the restricted stock units is as per the relevant RSU Scheme.