MPHASIS LTD. - Outcome of Board Meeting
15 May 2014
Mphasis Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 14, 2014, inter alia, subject to the approval of the shareholders and other statutory approvals, have approved formulation of Mphasis Restricted Stock Units Plan - 2014 (RSU - 2014), with the underlying shares not exceeding 5,50,000 equity shares of Rs. 10/ each. The Company would be obtaining the approval of members in the ensuing Annual General Meeting.
Source:
BSE India