
Business Update3 Jun 2025, 06:27 am
Mphasis Denies Losing FedEx Business Despite Speculative Reports
AI Summary
In response to a news article published in the Mint online edition on 1 June 2025, Mphasis Ltd has clarified that it continues to be a service provider in the FedEx ecosystem. The company does not comment on speculative news articles or individual client relationships or contracts. The management reiterates its previous outlook and assessment. Mphasis adheres to the highest standards of governance and disclosures, promptly communicating any material information to the stock exchanges as required.
Key Highlights
- Mphasis denies losing FedEx business
- Company continues to be a service provider in the FedEx ecosystem
- Mphasis adheres to highest standards of governance and disclosures
- Company promptly communicates material information to stock exchanges