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Mastek Ltd (Application Software)Last traded on( 07/May/2021)

Latest Price Information

Current Price
1972.9
Previous Close
1840.4
Open Price
1854.5
High Price
1995.0
Low Price
1821.45
Close Price
1972.9

Company Announcements

AnnouncementsDate
Updates MASTEK : Mastek Limited has informed the Exchange regarding Disclosure received from IDFC Asset Management Company Limited (Investment Manager of IDFC Mutual Fund) under Regulation 29(2) of (Substantial Acquisition of shares and Takeovers) Regulations, 2011..27/Apr/2021
We would like to inform you that we have received today April 26 2021 disclosure under Regulation 29(2) of (Substantial Acquisition of shares and Takeovers) Regulations 2011 from IDFC Asset Management Company Limited (Investment Manager of IDFC Mutual Fund) where IDFC Mutual Fund through its schemes IDFC Core Equity Fund & IDFC Tax Advantage (ELSS) has sold 11667 & 6423 equity shares respectively of the Company on April 22 2021 which has resulted their shareholding decrease by more than 2% of paid up capital of the Company i.e. from 5.1395% (the last reported holding) to 3.0869%. In this regard please find enclosed the disclosure as received by the Company from IDFC Asset Management Company Limited (Investment Manager of IDFC Mutual Fund) under Regulation 29(2) of (Substantial Acquisition of Shares and Takeovers) Regulations 2011 for your reference. This for your information.26/Apr/2021
Updates MASTEK : Mastek Limited has informed the Exchange regarding With reference to the above cited regulation(s) and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, we hereby inform you that Mastek (UK) Limited (Material Wholly Owned Subsidiary of the Company) who was holding 20,18,192 stocks in Majesco (USA) , has tendered its entire stake with the Acquirer of Majesco (USA) for cash, and has received the consideration aggregating to USD 32.30 Million on October 19, 2020.21/Oct/2020
With reference to the above cited regulation(s) and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we hereby inform you that Mastek (UK) Limited (Material Wholly Owned Subsidiary of the Company) who was holding 2018192 stocks in Majesco (USA) has tendered its entire stake with the Acquirer of Majesco (USA) for cash and has received the consideration aggregating to USD 32.30 Million on October 19 2020. The said amount will help Mastek (UK) Limited to drive its growth strategy and reduce the borrowings. Request you to take the note of the above.20/Oct/2020
Updates MASTEK : Mastek Limited has informed the Exchange regarding Disclosure received from Abakkus Growth Fund through 1 Abakkus Growth Fund-1 and Abakkus Emerging Opportunities Fund-1 under Regulation 29(1) of (Substantial Acquisition of shares and Takeovers) Regulations, 2011..21/Aug/2020
We would like to inform you that we have received disclosure under Regulation 29(1) of (Substantial Acquisition of shares and Takeovers) Regulations 2011 where Abakkus Growth Fund through its fund schemes i.e. Abakkus Growth Fund-1 and Abakkus Emerging Opportunities Fund-1 has additionally acquired equity shares in our Company to the extent of 0.94% recently which has resulted their shareholding increase upto 5.90% of the paid up capital of the Company A copy of disclosure received from Abakkus Growth Fund is enclosed herewith for your reference. This for your information. ,MASTEK LTD. - 523704 - Disclosure Received From Abakkus Growth Fund Through 1 Abakkus Growth Fund-1 And Abakkus Emerging Opportunities Fund-1 Under Regulation 29(1) Of (Substantial Acquisition Of Shares And Takeovers) Regulations 2011.20/Aug/2020
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