Mastek Ltd.

Mastek has completed the closing formalities in relation to the share purchase agreement for acquisition of 100% equity shares of Trans American Information Systems and consequently, Trans American Information Systems has become a wholly owned subsidiary of the company.

Further Digility Inc., US, 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., US and consequently, they have also become step down wholly owned overseas subsidiaries of the company.

Mastek together with its subsidiaries, provides enterprise technology solutions and platforms for insurance, government, and financial services organizations worldwide. The company architects, designs, develops, integrates, and maintains strategic applications at customers’ end with a focus on the insurance and government sectors.