Mphasis has informed that the Board of Directors of the company at its meeting held on May 14, 2014 subject to the approval of the shareholders and other statutory approvals, have approved formulation of Mphasis Restricted Stock Units Plan - 2014 (RSU - 2014), with the underlying shares not exceeding 5,50,000 equity shares of Rs 10 each. The company would be obtaining the approval of members in the ensuing Annual General Meeting.
The above information is a part of company’s filings submitted to BSE.
