Mastek Limited will conduct a virtual analyst and institutional investor meet on June 25, 2026, at 4:00 PM IST to discuss industry and company-specific developments already in the public domain. The meeting is scheduled as a single investor interaction with Dolat Capital. The company stated that no unpublished price sensitive information (UPSI) will be shared during the session.

Meeting Details

The interaction is part of Mastek Limited 's ongoing engagement with the investment community. The discussion will be based solely on publicly available information, adhering to regulatory guidelines.

The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information is also available on the company's official website.

Mastek Limited has received a Final Assessment Order from the Income Tax Department for the Financial Year 2022-23, proposing a transfer pricing addition of Rs. 90,95,38,080. The order, received on May 30, 2026, was issued under Section 143(3) read with Section 144C(3) and Section 144B of the Income Tax Act, 1961. Additionally, the department has initiated penalty proceedings under Section 270A of the Act.

The company stated that the order includes a transfer pricing adjustment computed under Section 92CA(3) of the Income Tax Act. While the assessment order outlines significant additions, Mastek has indicated that it does not foresee any material financial impact at this stage. Management identified several errors in the computation sheet annexed to the order, including the calculation of tax liability at a higher rate, the non-allowance of foreign tax credit, and the failure to grant credit for advance tax paid by a subsidiary that was amalgamated with the company.

Details of the Assessment Order

The assessment order details the specific adjustments proposed by the tax authorities. The table below outlines the key financial figures mentioned in the intimation:

Company Response and Future Action

Mastek intends to file its objections and response with the Income Tax Appellate Authorities within the prescribed timelines. The company believes that once the identified computational errors are rectified, there will be no impact on the financials, operations, or other activities of the company resulting from the order. The filing was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.