StockWatch
·
Computers - Software & Consulting
Shareholding20 May 2026, 10:01 am

Mphasis: Pledge of 30.55% Shares by BCP Topco IX Pte. Ltd.

AI Summary

Catalyst Trusteeship Ltd, as Onshore Security Agent, disclosed a pledge of 5,82,99,642 equity shares of Mphasis Limited by BCP Topco IX Pte. Ltd., the Borrower, representing 30.55% of the total share capital. The pledge is in favor of the Onshore Security Agent for the benefit of lenders under a 2026 Facility Agreement. The Borrower has also agreed to certain covenants under the agreement, effective from May 15, 2026.

Key Highlights

  • BCP Topco IX Pte. Ltd. pledged 30.55% of Mphasis shares as collateral.
  • Catalyst Trusteeship Ltd. acts as the Onshore Security Agent for the lenders.
  • The pledge secures facilities under the 2026 Facility Agreement.
  • The borrower, BCP Topco IX Pte. Ltd., holds 5,82,99,642 Mphasis shares.
  • Pledge agreement includes covenants in favor of the Agent, Offshore Security Agent and Onshore Security Agent.