Mastek Ltd calls for board meeting on Dec 11, 2022

A meeting of the Board of Directors of Mastek Ltd is scheduled to be held on Sunday, December 11, 2022, to consider and if thought fit to approve the issue of fully paid up Equity Shares of the Company by way of Private Placement (for consideration other than cash) in partial discharge of the purchase consideration for the acquisition of Compulsorily Convertible Preference Shares of Mastek Enterprise Solutions Private Limited (Formerly known as Trans American Information Systems Private Limited), a Subsidiary of the Company, subject to all such regulatory / statutory approvals as may be required, including the approval of Shareholders of the Company.

Shares of Mastek Limited was last trading in BSE at Rs. 1795.40 as compared to the previous close of Rs. 1769.10. The total number of shares traded during the day was 11237 in over 2048 trades.

The stock hit an intraday high of Rs. 1812.40 and intraday low of 1754.55. The net turnover during the day was Rs. 20089764.00.

Source : Equity Bulls

Keywords

Mastek INE759A01021 PrivatePlacement SharesAllotment CCPS