Majesco Limited’s Shares Buyback Program


Khaitan & Co. advised Majesco on the deal.

Majesco Limited executed a buyback of up to 74,70,540 equity shares, representing approximately 24.78% of the Company’s total paid-up equity, through the “tender offer” route, in accordance with applicable SEBI regulations.

Majesco Limited, together with its subsidiaries, provides cloud-based software solutions for the insurance industry in North America, Europe, and internationally.

The Khaitan & Co team consisted of Executive Director Sudhir Bassi (Picture), Arindam Ghosh (Partner), Abhishek Dadoo (Partner), Shashank Patil (Senior Associate), and Charu Singh (Associate).

Involved fees earner: Sudhir Bassi – Khaitan & Co.; Abhishek Dadoo – Khaitan & Co.; Arindam Ghosh – Khaitan & Co.; Shashank Patil – Khaitan & Co.; Charu Singh – Khaitan & Co.;

Law Firms: Khaitan & Co.;

Clients: Majesco;

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Author: Michael Patrini