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Mastek update on restructuring of subsidiaries

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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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, January 16 2020. 14:28 IST
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