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Mphasis Limited
5 articles
Mphasis Completes Phase 1 Flagstar Bank Tech Modernization
Mphasis completed Phase 1 of Flagstar Bank's tech modernization, consolidating six legacy data centers into two in ~12 months.
Hundreds of business-critical applications were migrated to the new moder
Mphasis Board Meeting April 29 for Q4 Results
Mphasis Board meeting scheduled April 29, 2026 to approve audited standalone and consolidated financial results for Q4 FY26.
Board will also consider dividend recommendation along with Auditor's Repor
Mphasis Receives ₹151.73 Cr Income Tax Demand
Mphasis received an income tax demand of ₹151.73 crores for assessment year 2020-21 under sections 201, 201(1A), and 156 of the Income Tax Act.
The demand relates to TDS on overseas payments made to f
Mphasis Regulation 17(1) Non-Compliance Fine ₹1.24L
BSE and NSE issued fine notices dated February 27, 2026 to Mphasis for 21-day non-compliance with Regulation 17(1) for Q3 FY2026 (quarter ended December 31, 2025).
Total fine payable is ₹1,23,900 incl
Mphasis Receives ₹2286.86 Cr Income Tax Demand
Mphasis received an Assessment Order under Section 143(3) read with Section 144B with a tax demand of ₹2,286.86 crores for AY 2023-24.
Additions to taxable income relate to ESOP expenses, subcontracto