Mphasis AGM 2026: ₹62 Dividend, FY26 Revenue Up 11.6%

Why Mphasis’ July 23 AGM matters

Mphasis Limited has scheduled its 35th Annual General Meeting (AGM) for Thursday, 23 July 2026 at 9:00 am IST through video conferencing (VC) or other audio visual means (OAVM). The meeting brings together several shareholder decisions in one agenda, including adoption of FY26 financial statements, approval of a final dividend, and multiple board and leadership re-appointments. The company has also issued a revised FY26 Annual Report that incorporates the Chairman’s Statement by Girish S. Paranjpe.

Alongside AGM items, the company has separately indicated a board meeting on the same date to consider and approve audited standalone and consolidated financial results for the quarter ended 30 June 2026. An investor and analyst earnings conference call is scheduled for 24 July 2026 at 8:30 am IST. For shareholders and market participants, the week therefore concentrates several key disclosures and votes.

AGM format and document availability

The AGM is being conducted in compliance with the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as well as applicable circulars permitting VC/OAVM meetings. Mphasis said the original Annual Report was dispatched electronically to members on 1 July 2026. The revised version has been uploaded on the company’s website and can be accessed through the same link communicated earlier.

Mphasis also provided web links for shareholders to access the 35th AGM notice and the FY 2025-26 annual report. The documents are available on the company website (www.mphasis.com), and also on the stock exchange websites (www.bseindia.com and www.nseindia.com). The AGM notice is additionally hosted on NSDL’s website (www.evoting.nsdl.com), reflecting the role of NSDL in the voting process.

Final dividend proposal: ₹62 per share

The Board of Directors has recommended a final dividend of ₹62 per equity share (face value ₹10 each) for the financial year ended 31 March 2026, subject to shareholder approval at the AGM. If approved, the total net cash outflow is expected to be approximately ₹11,831.99 million.

The record date for determining dividend eligibility is Wednesday, 8 July 2026. The Register of Members and Share Transfer Books will remain closed from Thursday, 9 July 2026 to Thursday, 23 July 2026 (both days inclusive). The company stated that the dividend, if approved, will be paid on or before Friday, 21 August 2026.

FY26 performance snapshot: revenue, profit, and operating profit

Mphasis reported consolidated revenue of ₹158,796 million for FY 2025-26, translating into 11.6% year-over-year growth. Net profit for the year was reported at ₹18,600 million. Operating profit for FY26 was reported at ₹24,281 million, up 11.9% year over year.

These figures form the financial backdrop for the resolutions at the AGM, including adoption of audited standalone and consolidated financial statements. Shareholders will vote on these statements as part of the ordinary business agenda, alongside the final dividend declaration.

New deal momentum: TCV and AI-led wins

The company disclosed that new total contract value (TCV) wins rose 68% year over year to USD 2.1 billion. It also highlighted that 60% of these wins were AI-led. While Mphasis did not provide a segment-level breakup in the information shared here, the AI-led share of wins is a data point shareholders may track alongside the company’s broader strategy and execution.

For investors, TCV growth is often watched as an indicator of demand and sales conversion, especially when paired with revenue growth and profitability metrics. The AGM cycle is also when companies typically consolidate messaging around strategy, governance, and capital allocation, including dividends.

Key resolutions: directors and senior leadership

In addition to routine approvals, the AGM includes voting on board and leadership re-appointments. Under ordinary business, shareholders will vote on the re-appointment of directors including Mr. Kabir Mathur and Mr. Pankaj Sood, who retire by rotation.

Under special business, shareholders will vote on the re-appointment of Ms. Maureen Anne Erasmus as an Independent Director for a second term of five consecutive years, effective 20 December 2026. Another major item is the re-appointment of Mr. Nitin Rakesh as Chief Executive Officer and Managing Director for a period of five years, effective 1 October 2026 to 30 September 2031. The disclosed remuneration includes a salary of USD 1 million per annum and a target bonus of USD 1 million per annum.

Voting mechanism: NSDL, e-voting window, and scrutiny

Mphasis has engaged National Securities Depository Limited (NSDL) to facilitate remote e-voting and e-voting during the AGM. The company appointed Mr. S P Nagarajan (PCS No. 4738), Practicing Company Secretary, as the scrutinizer.

Remote e-voting is available from 18 July 2026 to 22 July 2026, with a cut-off date of 16 July 2026 for determining shareholder eligibility to vote electronically. The company also specified a last date for submission of documents for Tax Deducted at Source (TDS) exemption as 6 July 2026.

Key dates at a glance

Financial and corporate metrics disclosed so far

Market snapshot and upcoming disclosure calendar

As of 20 July 2026 at 03:59 PM IST, Mphasis’ share price was reported at ₹2,413.40, up 0.81% from the previous share price of ₹2,352.0. Separately, the company said its board will convene on 23 July 2026 to consider and approve audited standalone and consolidated financial results for the quarter ended 30 June 2026.

Mphasis also disclosed that the trading window for dealing in its securities is closed from 23 June 2026 to 25 July 2026, in line with SEBI regulations. An earnings conference call for investors and analysts is scheduled on 24 July 2026 at 8:30 am IST, which follows the board meeting and sits close to the AGM timeline.

Conclusion

Mphasis’ 35th AGM on 23 July 2026 combines shareholder votes on FY26 financial statements, a ₹62 final dividend, and key appointments across the board and senior management. The company has also laid out a clear schedule for record date, book closure, and e-voting, with dividend payment expected on or before 21 August 2026 if approved. With a board meeting planned the same day to consider Q1 FY27 results and a conference call on 24 July 2026, investors will be watching the disclosures and the outcomes of the resolutions closely.