Corporate Announcement
Security Code : 523704    Company : MASTEK    
 
Intimation Of Proposed Merger Of One Of The USA Based Step Down SubsidiaryDownload PDF Download XBRL
  Exchange Received Time  09/12/2019 18:31:27         Exchange Disseminated Time   09/12/2019 18:31:32              Time Taken   00:00:05
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the steps are being initiated by our USA Step down Subsidiaries to merge TAIS Tech LLC with Trans American Information Systems Inc. (post which TAIS Tech LLC will cease to exist) to enable greater synergies between the two Companies, and also to achieve higher operational efficiencies, subject to obtaining necessary regulatory approvals,.

The details as required under SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 are enclosed in the letter.

Kindly take the above on records.

Thanking you,
 

Disclaimer

Back To Announcements