Mastek Ltd.

Mastek’s wholly owned first level step-down subsidiary -- Mastek Inc has paid the entire amount and completed the acquisition of 100% Membership Interest of BizAnalytica LLC in the USA. Accordingly, BizAnalytica LLC has become a wholly-owned subsidiary of Mastek Inc.

The company has also paid the entire amount and completed the acquisition of the identified assets and liabilities including the business in terms of the Business Sale Agreement for the slump purchase from BizAnalytica Solutions LLP, an Indian entity and India affiliate of BizAnalytica LLC, USA.

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