Mastek to exchange sans protection arm .Starting Friday the load of Mastek will be exchanged. without the protection business, which will be demerged to Majesco. The record date for the demerger has been settled at June 15.
Mastek's backup Majesco is all situated to introduction on the NYSE in the following couple of days and in the household advertise by August. The swap proportion has been settled at 1:1, which implies each Mastek shareholder as on the record date will get one Majesco offer.
