Trans American Information Systems Private Limited’s Demerger Of Evolutionary Systems Private Limited


Khaitan & Co advised Mastek Limited on the acquisition of Evolutionary Systems Private Limited (ESPL).

Trans American Information Systems Private Limited (a wholly owned subsidiary of Mastek Limited) (“TAISPL”) entered into a scheme of arrangement with ESPL, which if approved, will result in the demerger of identified Indian business along with the USA, UK and Rest of the World businesses of Evolutionary Systems Private Limited (“ESPL”) to TAISPL.

Evolutionary Systems Private Limited provides information technology services. The Company offers implementation, upgradation, project management, cloud transformation, and oracle training services.

Trans American Information Systems, Inc. (TAIS) provides information technology services. The Company offers strategy, data and analytical, marketing, ecommerce, web development, and maintenance services.

The Khaitan team was led by Partner Sharad Abhyankar (Picture), Principal Associate Vidur Sinha and Associate Ekta Chandan, and also included Divakar Gupta, Ravali Rayaprolu, Amit Pai, Aman Yagnik, Stephani Nazareth, Saranya Mishra, Shailendra Bhandar, Sourav Dan and Rhea Ghansani.

Involved fees earner: Sharad Abhyankar – Khaitan & Co.; Shailendra Bhandare – Khaitan & Co.; Ekta Chandan – Khaitan & Co.; Sourav Dan – Khaitan & Co.; Rhea Ghansani – Khaitan & Co.; Divakar Gupta – Khaitan & Co.; Saranya Mishra – Khaitan & Co.; Stephani Nazareth – Khaitan & Co.; Amit Pai – Khaitan & Co.; Ravali Rayaprolu – Khaitan & Co.; Vidur Sinha – Khaitan & Co.; Aman Yagnik – Khaitan & Co.;

Law Firms: Khaitan & Co.;

Clients: Evolutionary Systems Private ;