Mastek Ltd.

BSE: 523704 | NSE: MASTEK
Small Cap | IT - Software
2208.75
108.75 (5.18%)
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Mastek to merge US step down subsidiaries

Date: 10-12-2019

Mastek has initiated process for merger of US Step down Subsidiaries -- TAIS Tech LLC with Trans American Information Systems Inc. (post which TAIS Tech LLC will cease to exist). With this merger, the company will enable greater synergies between the two Companies, and also will achieve higher operational efficiencies.

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