Bajaj Allianz Life Insurance Company has sold 400,000 shares of Mastek in an open market transaction. The shares were sold at Rs 152 a piece on National Stock Exchange (NSE) on December 07, 2012.
Mastek is a high-end provider of vertically-focused enterprise technology solutions and platforms that unleash the optimum potential of its clients' business. Its vertical focus includes insurance (Life, Pensions and General), Government/Public Sector, and Financial Services sectors. The company has a formidable track record in these sectors as well as intellectual property and re-usable frameworks.
