BCP Topco IX Pte. Ltd., a promoter of Mphasis, has sold 180,000,000 shares, representing 9.46% of the total share capital, through an on-market sale. This transaction, executed on November 18, 2025, reduces BCP Topco’s stake in Mphasis from 40.10% to 30.64%. The sale was conducted to fulfill obligations under a facility agreement secured by BCP Topco’s parent company.
Promoter Stake Adjustment
On November 18, 2025, BCP Topco IX Pte. Ltd., a promoter entity linked to Mphasis, executed an on-market sale of 180,000,000 shares. This divestment represents 9.46% of Mphasis’s total share capital.
Shareholding Impact
Following this transaction, BCP Topco IX Pte. Ltd.’s holding in Mphasis has decreased from 762,99,642 shares (40.10%) to 582,99,642 shares, now constituting 30.64% of the company’s total equity.
Reason for Share Sale
The sale of shares was undertaken to meet certain obligations under a facility agreement. This agreement involves BCP Topco IX Pte. Ltd.’s parent company, which has pledged shares to secure term loan facilities. The sale indirectly impacts Mphasis but is primarily driven by the parent company’s financial arrangements.
Source: BSE
