Mphasis AGM 2026: ₹62 Dividend, Key Dates, E-voting

What Mphasis announced

Mphasis Limited has scheduled its 35th Annual General Meeting (AGM) for Thursday, 23 July 2026 at 9:00 am (IST). The meeting will be held through Video Conferencing (VC) or Other Audio Visual Means (OAVM). The company said the AGM will be conducted in line with the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Alongside the AGM schedule, Mphasis also submitted a revised FY26 Annual Report. The revision incorporates the Chairman’s Statement by Girish S. Paranjpe. For shareholders, the AGM is expected to be the forum for voting on routine and key governance matters.

Revised FY26 Annual Report and governance disclosures

The revised FY26 Annual Report was filed with the Chairman’s Statement included. The Chairman’s Statement is attributed to Girish S. Paranjpe. Such updates typically matter because the annual report is the primary document used by shareholders to assess disclosures ahead of voting. In this case, the AGM notice and annual report form the base for all resolutions to be considered. The company’s communication also reiterates the legal framework it is following for the virtual meeting format. The VC/OAVM format continues a pattern seen in the company’s recent shareholder meetings referenced in the provided material. Investors often track these filings for clarity on agenda items and voting logistics.

Final dividend proposal: ₹62 per share

The Board of Directors has recommended a final dividend of ₹62 per equity share of face value ₹10 each for the financial year ended 31 March 2026. If shareholders approve the proposal, the company estimates the total net cash outflow at approximately ₹11,831.99 million. Mphasis has set Wednesday, 8 July 2026 as the record date to determine shareholder eligibility for the dividend. It also disclosed that the dividend payment date is on or before Friday, 21 August 2026. The company previously stated that the dividend, if declared at the AGM, will be paid within 30 days of the AGM. Shareholders typically watch record dates and book closure periods closely to avoid missing entitlement.

Key dates for record date, book closure, and e-voting

Mphasis has provided a schedule covering the record date, book closure period, and remote e-voting window. The cut-off date for e-voting eligibility is Thursday, 16 July 2026. Remote e-voting starts on Saturday, 18 July 2026 at 9:00 am (IST) and ends on Wednesday, 22 July 2026 at 5:00 pm (IST). The book closure period runs from 9 July 2026 to 23 July 2026, both days inclusive. These dates define when shareholders can vote and when the register is closed for dividend and meeting-related purposes. For investors holding shares in demat accounts, entitlement is typically based on the record date and settlement timelines, so the dates become operationally important.

Voting mechanism: NSDL and the appointed scrutinizer

Mphasis has engaged National Securities Depository Limited (NSDL) to provide the remote e-voting facility and e-voting during the AGM. The company appointed Mr. S P Nagarajan (PCS No. 4738), Practicing Company Secretary, as the scrutinizer. The scrutinizer’s role is to review the voting process and report the results after scrutiny. The disclosure aligns with prior instances referenced in the provided material where the same individual acted as scrutinizer. For shareholders, this section clarifies where voting will take place and who validates the process. It also signals that both remote e-voting and voting during the AGM will be counted in the final results.

AGM agenda: dividend approval and director-related items

The AGM agenda includes approval of the final dividend recommended by the Board. It also includes re-appointment of key directors, as indicated in the provided summary. Separately, the company has disclosed a board decision dated 29 April 2026 approving the re-appointment of Mr. Nitin Rakesh as Chief Executive Officer and Managing Director. The proposed term is five consecutive years with effect from 1 October 2026, subject to shareholder approval at the ensuing AGM. This makes the AGM relevant not only for dividend voting, but also for leadership continuity. Shareholders often review such resolutions carefully because they involve corporate management and long-term oversight.

How this compares with recent shareholder voting history

The provided material also references the voting results and scrutinizer report of the 34th AGM held on 24 July 2025 via VC at 9:00 am (IST). It states that all resolutions outlined in the notice dated 24 April 2025 were approved by members with the requisite majority. The same scrutinizer, Mr. S P Nagarajan, was appointed for scrutinizing the e-voting process in that meeting. The material further notes that the scrutinizer submitted reports after reviewing remote e-voting and e-voting at the AGM. While the 2025 outcome does not determine the 2026 vote, it provides a recent precedent for process and participation. It also indicates continuity in how the company runs its virtual shareholder meetings.

Why the announced dates matter for shareholders

The record date of 8 July 2026 determines dividend eligibility if the final dividend is approved. The book closure period from 9 July to 23 July 2026 is a related operational window that investors should note for corporate action processing. The e-voting cut-off date of 16 July 2026 determines who can vote on AGM resolutions. The remote e-voting window from 18 July to 22 July 2026 provides time for shareholders to vote without attending the live VC/OAVM meeting. Because the AGM itself is set for 23 July 2026 at 9:00 am (IST), shareholders who prefer live participation can still vote during the meeting if permitted by the platform and rules. The payment timeline disclosed as on or before 21 August 2026 provides a concrete expectation on when funds may be received.

Market impact and what investors typically track

The announcement primarily relates to corporate governance and shareholder returns through dividends. The key quantified financial item is the proposed dividend outflow of approximately ₹11,831.99 million, subject to shareholder approval. Investors generally interpret a final dividend recommendation as a board-level signal, but the payout depends on the AGM vote. Timelines like record date, book closure, and payment date can influence short-term trading behaviour around entitlement, although outcomes depend on market dynamics not stated here. From a compliance perspective, the company has emphasised adherence to the Companies Act, 2013 and SEBI Listing Regulations for meeting conduct. The use of NSDL for e-voting and appointment of a scrutinizer also indicates a structured process for vote validation.

Conclusion

Mphasis has set its 35th AGM for 23 July 2026 via VC/OAVM, and it has filed a revised FY26 Annual Report incorporating Chairman Girish S. Paranjpe’s statement. Shareholders will vote on the proposed final dividend of ₹62 per share, with a stated estimated outflow of about ₹11,831.99 million if approved. The company has outlined a clear timetable, including a record date of 8 July 2026, remote e-voting from 18 to 22 July 2026, and dividend payment on or before 21 August 2026. NSDL will facilitate voting and Mr. S P Nagarajan (PCS No. 4738) will act as scrutinizer. Shareholders can watch for the AGM proceedings and subsequent voting results after the meeting concludes.