On preferential basis
Mastek has allotted 254,755 equity shares of Rs 5 each at a price of Rs 3,194 per equity share including premium of Rs 3,189 per share for consideration other than cash. Further, the company is in the process of discharging balance consideration for the acquisition of 44,174 compulsorily convertible preference shares of its subsidiary, Trans American Information Systems.Consequent to the aforesaid allotment, the issued, subscribed and paid up equity share capital of the company has increased to 29,998,727 Equity Shares of Rs. 5 each aggregating to Rs. 149,993,635.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app