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FAQs
Investors are advised to go through the section on Management Discussion & Analysis of Global Performance and Investor Information:

When was Mastek Ltd. incorporated? When did it have its IPO? Was there any follow on offering ?

Mastek Ltd. was incorporated in the name of Management and Software Technology Private Limited on 14th May 1982. Mastek had its first public offering in December 1992 at a price of Rs. 70 (premium Rs. 60) followed by another public issue in 1996 at a price of Rs. 190 (premium of Rs. 180).



Which are the stock exchanges where Mastek shares are listed?

Mastek's shares are listed in India on the stock exchanges of Mumbai and Delhi and on the National Stock Exchange.



What is the fiscal year for Mastek?

The fiscal year for Mastek worldwide is the period of 12 months starting 1st July every year.



Does Mastek announce quarterly results?

Yes, Mastek announces quarterly unaudited results. To access past results announcements,
click here




How does one access the annual report and quarterly results of Mastek?

The annual report as well as quarterly results along with analysis is available on www.mastek.com under the Investors section, in the Reports and Results sub-section.



What is the core business of Mastek Limited?

Mastek is a high-end IT solutions player with global operations providing new technology and IP-led enterprise solutions to insurance, government, and financial services organizations worldwide.



Where are the subsidiaries of Mastek Limited located?

Mastek Limited has subsidiaries in the following countries:
  • MajescoMastek in the USA (formerly known as Majesco Software Inc.)
  • VectorMastek in the USA (formerly known as Vector Insurance Services Inc.)
  • Mastek (UK) Limited in the United Kingdom
  • Mastek Asia-Pacific Pte.Ltd. in Singapore
  • Mastek MSC Sdn. Bhd. in Malaysia
  • Mastek GmbH in Germany




How many Software Development Centers does Mastek have?

Mastek has eight development centres out of which six are located in and around Mumbai, India and one each in Pune and Chennai, India. Mastek has also established a Mainframe Centre of Excellence in Chennai and owns about 15 acres of land in a SEZ near Chennai, where it has plans to develop a new campus which will employ around 5,000 employees when fully operational and construction work on that has already begun.



How many marketing offices does Mastek have?

Mastek has 10 marketing offices located across multiple geographies: 1 each at Theale and London in UK, Villingen in Germany, New Jersey in the US, in Singapore, Kuala Lumpur in Malaysia, Tokyo in Japan, Seoul in South Korea, Bangkok in Thailand, and a domestic marketing office in Mumbai.



What is the staff strength of the Mastek group?

As on June 30, 2007, there were 3,315 professionals working in Mastek group.



Whom do I contact in Mastek’s Investor Relations team?

You may get in touch with Mr. Abhinandan Singh, Head - Investor Relations. He is based at the corporate office in Mumbai and can be contacted via email ( abhinandans@mastek.com ) or telephone ( +91 22 2824 - 7864 )
Alternatively, you may write to him at the following address :
Mastek Ltd.
106, SDF IV, SEEPZ,
Andheri (E) Mumbai-400 096
India




Is there a facility for investors to receive regular updates?

Investors can register on www.mastek.com in the Investors section to receive regular updates.



Are Mastek's shares traded in electronic form? form?

Since June 2000, the shares are traded only in electronic form. It is advisable for investors to demat their shares.



How can the shares be de-materialized and who are the Depository Participants (DP)?

Shares can be de-materialized by opening the demat account with the Depository Participant (DP). DPs are banks, brokers and institutions registered with National Securities Depository (NSDL) or Central Depository Services. A list of DPs is available at www.nsdl.com and www.centraldepository.com.



What is the dividend track record of Mastek Limited?

Year Shares Outstanding
in mn

Dividend Per Share
Rs

Total Dividend
Rs in mn
1993 3 2.50 4.68
1994 3 3.50 10.50
1995 3.06 3.50 10.53
1996 3.46 3.50 10.99
1997 3.46 3.50 12.10
1998 3.46 3.50 12.10
1999 3.46 4.00 13.82
2000 6.91 4.00 27.65
2001* 13.88 2.00 27.77
2002* 13.94 3.00 41.91
2003* 14.11 3.00 42.34
2004* 13.88 3.00 41.64
2005* 13.87 7.50 103.61
2006* 28.14 6.50 140.31
2007* 28.46 7.50 213.23
*Indicates dividend on face value of Rs. 5 per share.




Who is the share transfer agent?

SHAREPRO SERVICES are the Share Transfer Agents of Mastek Limited. Sharepro Services is located at:

Satam Estate, 3rd Floor
Above Bank of Baroda
Cardinal Gracious Road
Chakala
Andheri (East)
Mumbai-400 099.
Tel: +91 22 6772 0372




How does one transfer his/her shares or change the address with the transfer agent?

For transfer of shares in physical form and intimation of change of address, write to Sharepro Services at the above-mentioned address.

Transfer of shares in the electronic mode is effected through your depository participant.




Who does one contact in case of non-receipt of dividend, loss of share Certificates, etc.?

Get in touch with Sharepro Services who will advise you accordingly.





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