Mastek Limited — Others, 16-01-2025: Appointment

Mastek Limited's Board has approved the un-audited financial results for the third quarter and nine months ended December 31, 2024, alongside declaring an interim dividend of Rs. 7.00 (140%) per equity share, payable within 30 days. Additionally, Mr. Umang Nahata has been appointed as Whole-Time Director and CEO of Mastek Group for three years starting January 16, 2025. The Board also increased a corporate guarantee for Mastek Arabia FZ-LLC from USD 3 million to USD 6.6 million. These moves suggest a strong commitment to stakeholder returns and strategic leadership, likely boosting investor sentiment with a positive outlook.