Mastek Ltd.

Mastek has mortgaged one of its immovable properties situated at Pune, in favour of Standard Chartered Bank in order to secure the term loan facility of up to GBP 15 million (equivalent to $20 million) together with all interests, charges, expenses, sanctioned by Standard Chartered Bank to Mastek UK, a wholly-owned subsidiary of the company incorporated under the laws of the United Kingdom.

Mastek together with its subsidiaries, provides enterprise technology solutions and platforms for insurance, government, and financial services organizations worldwide.