Investor Frequently Asked Questions
Q: When was Majesco Ltd. incorporated?
A: Majesco was incorporated as Minefields Computers Private Limited on 27th June 2013 in the state of Maharashtra. It was converted into a public limited company on 22nd December 2014. Pursuant to the approval of the Bombay High Court and the Gujarat High Court, the name of the company was changed to Majesco Limited on April 30, 2015.
Q: What is the Majesco’s core business?
A: Majesco enables insurance business transformation for over 120 global customers by providing technology solutions which include software products, consulting and IT services. Our customers are carriers from the Property and Casualty, Life, Annuity and Group insurance segments worldwide. Majesco delivers proven software solutions and IT services in the core insurance areas such as policy administration, billing, claims, distribution and analytics.For more details on Majesco please visit www.majesco.com
Q: Why Majesco?
A: The experience and expertise in executing complex transformation and mission critical programs for insurance companies worldwide is Majesco’s key strength. Majesco is committed to building strong and long-term relationships with our carrier partners. We have a successful track record of long-term client relationships with close to 90% of our business coming from existing customers. With a strong global presence across North America, Europe, the Middle East and Asia Pacific, Majesco is a technology partner of choice for insurance carriers worldwide.
Q: Which are the acquisitions done by Majesco till date?
|Announced||Acquired Company||Acquired Company Description|
|Dec-2014||Cover-All Technologies, Inc.||US-based company engaged in the provision of solutions to the property and casualty insurance industry|
|Dec-2014||Agile Technologies, Inc.||US-based company engaged in providing IT consulting services to the insurance industry|
|Dec-2010||SEG Software, LLC||US based company that develops policy administration software for individual and group life, health and annuity insurance products|
|Mar-2008||Systems Task Group International Ltd||US based company providing enterprise wide solutions to the US P&C insurance industry|
|Jul-2007||Vector||US based technology solutions provider and third party administrator that focuses on the North American life and annuity insurance industry|
Q: Which are the stock exchanges where Majesco shares are listed?
A: The Majesco US is listed on the New York Stock Exchange (NYSE). The Majesco India is listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE)
Q: What is the fiscal year for Majesco?
A: The fiscal year for Majesco worldwide is the period of 12 months starting 1st April every year.
Q: Does Majesco announce quarterly results?
A: Yes, Majesco announces quarterly unaudited results. To access past results announcements, click here.
Q: How does one access quarterly results of Majesco?
A: The quarterly results and analysis are all available in the Investors section of www.majesco.com, under Information Repository – Quarterly Results.
Q: Whom do I contact in Majesco’s Investor Relations team?
A: You may get in touch with Mr. Nishant Shirke, Company Secretary. He is based at the corporate office in Mumbai and can be contacted via telephone (+91 22 6695-2222) or email (email@example.com).
Q: What is corporate office address of Majesco?
A: Majesco Ltd., MNDC, Millennium Business Park, P-136, Mahape, Navi Mumbai 400 710, India
Q: Is there a facility for Investors to receive regular updates?
A: Investors can register on www.majesco.com in the investors section, or send their request via email, to receive regular updates.
Q: Are Majesco’s shares traded in electronic form?
A: From August 2015, the company’s shares are traded only in electronic form. Shareholders are strongly encouraged to de-materialize their shares.
Q: How can the shares be de-materialized and who are the Depository Participants (DP)?
A: Shares can be de-materialized by opening a demat account with a Depository Participant (DP). DPs are banks, brokers, and institutions registered with National Securities Depository (NSDL) or Central Depository Services (CDSL). A list of DPs is available at www.nsdl.com and www.centraldepository.com.
Q: Who is the share transfer agent?
A: Karvy Computershare Private Limited are the Share Transfer Agents of Majesco Limited. The address and telephone number of is Karvy Computershare Private Limited as follows:
Karvy Computershare Private Limited,
Unit:- Majesco Limited
Karvy Selenium Tower B, Plot 31-32,Gachibowli, Financial District,
Telangana – 500 032, India
Telephone number: +91 40 6716 2222
Fax number: +91 40 2342 0814
Q: How does one transfer his/her shares or intimate change of address to the transfer agent?
A: For transfer of shares in physical form and intimation of change of address, write to Karvy Computershare at the above-mentioned address. Transfer of shares in the electronic mode is effected through your depository participant.
Q: What is the company’s CIN Number?
A: CIN:- L72300MH2013PLC244874