Mastek Limited — Others, 13-02-2025: Shareholders meeting

Mastek Limited has announced a board meeting to seek member approval through remote e-voting for two key resolutions: the appointment of Mr. Umang Nahata as Whole-Time Director and CEO for a fresh three-year term and the payment of remuneration to him. Mr. Nahata's experience as former CEO of Evosys and the current leadership of Mastek's Oracle Business strengthens the company's strategic direction. The proposed remuneration aligns with industry standards, comprising a basic salary of ₹29.54 crore annually, and up to ₹42.20 crore in long-term incentives, enhancing investor confidence in Mastek’s leadership capabilities and growth trajectory.