Mphasis Ltd. announced that the Board of Directors of the company has, at its meeting held on January 27, 2017, appointed Mr. Nitin Rakesh as an Additional Director on the Board and as the Chief Executive Officer of the company for a period of 5 years with effect from January 29, 2017. The appointment is subject to the approval of the shareholders of the company and other regulatory approvals, as applicable. Mr. Nitin Rakesh takes over the role of Chief Executive Officer from Mr. Ganesh Ayyar, whose tenure expires on 28 January 2017.

Mr. Ganesh Ayyar ceases to be a director of the company effective the closing hours of January 28, 2017. Mr. Nitin Rakesh has declared that he is not related to any other director of the company.