Mastek Limited has announced that its board of directors will meet on January 20, 2026, to deliberate on the declaration of an interim dividend for the financial year 2025-26. The company communicated this development through an official disclosure to the stock exchanges on January 15, 2026.

Board Meeting Details

The key details of the upcoming board meeting are outlined below:

Regulatory Compliance

The announcement was made in accordance with regulatory requirements under Regulation 29. Mastek Limited has informed both major stock exchanges about this corporate action:

• BSE Limited: The company trades under scrip code 523704
• National Stock Exchange: Listed under the symbol MASTEK
• ISIN Code: INE759A01021

Corporate Governance

The disclosure was signed by Reena Raje, Company Secretary and Compliance Officer (Membership No.: A21440), ensuring proper corporate governance protocols are followed. The digital signature was applied on January 15, 2026, at 12:44:07 +05'30', demonstrating the company's commitment to timely and transparent communication with stakeholders.

Significance for Shareholders

This board meeting represents an important development for Mastek Limited's equity shareholders, as the company considers distributing profits through an interim dividend during the ongoing financial year. The decision follows the company's earlier disclosure made on January 9, 2026, indicating a structured approach to corporate announcements and shareholder communication.

Mastek Limited has announced the voluntary winding up of its step-down subsidiary Mastek Systems (Malaysia) Sdn. Bhd. under the applicable provisions of the Malaysian Companies Act. The company disclosed this development to stock exchanges on January 9, 2026, in compliance with SEBI listing regulations.

Financial Impact and Subsidiary Details

The Malaysian subsidiary had minimal contribution to Mastek's overall business operations. As of March 31, 2025, the financial metrics of the subsidiary were:

Mastek emphasized that the subsidiary was not classified as a material subsidiary under regulatory definitions, indicating its limited operational significance to the parent company's business.

Business Operations Impact

The company has explicitly stated that the winding up of Mastek Systems (Malaysia) Sdn. Bhd. will not affect its overall consolidated revenue, business operations, or profitability. This assessment reflects the subsidiary's minimal contribution to the group's financial performance, representing less than 1% of both turnover and net worth.

Regulatory Compliance and Process

The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement follows recent SEBI circulars issued in November and December 2024, which mandate specific disclosures for subsidiary-related corporate actions.

Key aspects of the winding up process include:

• Voluntary initiation under Malaysian Companies Act provisions
• Subject to regulatory approvals in Malaysia
• No sale or disposal transaction involved
• No related party transactions applicable

Next Steps and Timeline

Mastek has committed to informing stock exchanges upon completion of all formalities related to the voluntary winding up process. The company has not provided a specific timeline for completion, noting that the process is subject to regulatory approvals from Malaysian authorities.

The winding up represents a routine corporate restructuring action for a non-material subsidiary with minimal operational impact on Mastek's core business activities and financial performance.