Updates

Mastek Ltd has informed BSE that the closing formalities in relation to the share purchase agreement for acquisition of 100% equity shares of Trans American Information Systems Private Limited have been completed and consequently, Trans American Information Systems Private Limited has become a wholly owned subsidiary of the Company.

Further the Company inform that Digility Inc., U.S., an overseas first level step down subsidiary of the Company, has completed the acquisition of TaisTech LLC, USA and Trans American Information Systems Inc. USA. Pursuant to the said acquisition, TaisTech LLC, USA and Trans American Information Systems Inc. USA have become wholly owned subsidiaries of Digility Inc., U.S. and consequently, they have also become step down wholly owned overseas subsidiaries of the Company.

Pdf Link: Updates

Source : BSE - www.bseindia.com

Published on January 13, 2017
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