
Deals18 Nov 2025, 05:43 am
Blackstone to trim stake in Mphasis via large block deal soon: sources - No material event for Mphasis Ltd
AI Summary
According to a news article on https://www.cnbctvl8.com dated November 17, 2025, Blackstone is planning to sell a portion of its stake in Mphasis Ltd through a large block deal. However, Mphasis Ltd clarified that they are not a party to this potential transaction and it does not involve the company but rather its promoter, BCP Topco IX Pte. Ltd. The company has sought information from the promoter and stated that there is no material event or information requiring disclosure under the SEBI Listing Regulations at this stage. They will make appropriate disclosures as and when required under applicable laws.
Key Highlights
- Blackstone to sell a part of its stake in Mphasis Ltd
- Mphasis Ltd is not a party to the potential transaction
- The transaction involves Mphasis' promoter, BCP Topco IX Pte. Ltd.
- Mphasis has sought information from the promoter
- No material event or information requiring disclosure under the SEBI Listing Regulations at this stage