SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Majesco informs about share purchase agreement

13 Dec 2019 Evaluate

Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended, Majesco has informed that the Company has entered into a share purchase agreement with Mastek (UK) (the Seller) on December 12, 2019, for acquisition of 2,000,000 shares of Majesco (USA), a material subsidiary of the Company (SPA). In consideration for purchase of the shares, the Company will pay the Seller $ 15.94 Million, based on closing stock price of Majesco (USA) on the NASDAQ on December 11, 2019. Accordingly, after the completion of the aforesaid purchase, stake of the Company in its material subsidiary, Majesco (USA), will increase to 74.6% from existing 69.9%. 

The above information is a part of company’s filings submitted to BSE.

Aurum Proptech Share Price

181.40 -8.15 (-4.30%)
24-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
TCS 2397.30
Infosys 1154.45
HCL Tech. 1203.25
Wipro 199.40
Tech Mahindra 1360.05
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×