BCP Topco reduces Mphasis stake by selling 9.46%

BCP Topco IX Pte. Ltd., a promoter of Mphasis Limited, has reduced its stake in the company by selling 18,000,000 shares (9.46%) through an on-market sale on November 18, 2025. This transaction decreased BCP Topco's shareholding from 76,299,642 shares (40.10%) to 58,299,642 shares (30.64%) of Mphasis Limited's equity share capital.

The sale impacted total voting capital, which was 19,02,61,721 equity shares before and after the acquisition/sale, as per the shareholding pattern for the quarter ended September 30, 2025. Following the disposal, BCP Topco's voting rights decreased from 40.10% to 30.64%. The shares were held by BCP Topco, a wholly owned subsidiary of BCP Asia (SG) Mirror Holding Pte. Ltd. (Parent).

This share reduction is a "release event" related to a security document dated July 28, 2021. The Parent had pledged 100% of BCP Topco's shares to DB International Trust (Singapore) Limited as a security agent for term loan facilities of up to $1.1 bn. These facilities involved various lenders, including Deutsche Bank AG, Singapore Branch.