Mphasis Ltd. announced on Tuesday that, subject to market conditions, its promoter company, BCP Topco IX Pte Ltd, a member of the Blackstone Group, has stated that it may sell up to 1,80,00,000 equity shares of the business through open market transactions.
Key Highlights
- Blackstone may sell 15% stake (~1.8 cr shares) in Mphasis via open-market deal.
- The sale could raise around ₹6,700–6,900 Cr, reducing Blackstone’s holding to 40%.
The IT services company stated in a regulatory filing that the update was given as an extension of its previous disclosure from November 18, 2025.
In accordance with Regulation 30 of the SEBI Listing Regulations and in keeping with our previous notification from November 18, 2025, we hereby notify you that the promoter, BCP Topco IX Pte Ltd (a member of the Blackstone Group), has stated that it may sell up to 1,80,00,000 equity shares of Mphasis Limited through open market transactions, subject to current market conditions.
Additionally, Mphasis made it clear that the development only affects its promoter business and that it is not a party to the possible share sale.
Also Read: Sebi Sets Rs 25 Cr Minimum Trade Size, Revamps Block Deal Rules
Blackstone previously reduced its interests in Mphasis through block sales while maintaining its promoter position after acquiring a majority investment in the business in 2016.
Mphasis shares were down 0.16 percent at Rs 2,684.95 on the BSE after the announcement.
