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Mastek update on restructuring of subsidiaries

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Capital Market
Mastek announced that the regulatory approval has been received effective 31 December 2019 confirming the merger of TAIS Tech LLC with Trans American Information Systems Inc. USA, step down wholly owned subsidiary of the Company.

This will enable the greater synergies and higher operational efficiencies. Accordingly, TAIS Tech LLC now cease to exist effective 31 December 2019.

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First Published: Jan 16 2020 | 2:28 PM IST

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