StockWatch
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Computers - Software & Consulting
Shareholding19 May 2026, 04:41 pm

Mphasis: Promoter Encumbrance Disclosure for Refinancing

AI Summary

Mphasis Ltd has received disclosures regarding the reasons for encumbrance by promoters, BCP Topco IX Pte. Ltd. and BCP Asia (SG) Mirror Holding Pte. Ltd., under SEBI (SAST) Regulations. The disclosure pertains to refinancing existing financing arrangements, involving the release of existing encumbrances and creation of new encumbrances in favor of new lenders. This refinancing does not result in any change in the shareholding of the promoters in Mphasis Limited. The Borrower holds 5,82,99,642 shares in TC, constituting 30.55% of the total share capital of TC.

Key Highlights

  • Promoters BCP Topco IX Pte. Ltd. and BCP Asia (SG) Mirror Holding Pte. Ltd. disclosed encumbrance reasons.
  • Refinancing involves releasing existing encumbrances and creating new ones.
  • The refinancing does not alter the promoter's shareholding in Mphasis Ltd.
  • BCP Topco IX Pte. Ltd. has availed term loan facilities of up to USD 550,000,000.
  • A first ranking exclusive pledge over 100% shares of TC is created to secure the 2026 Facility.