Mastek inks deal to sell building in Mahindra City

Mastek said it had entered a Memorandum of Understanding for sale commercial building with an approximate built-up area of 1,57,233 Sq. ft. on a leased land admeasuring 15.50 acres at Mahindra World City SEZ, Chengalpattu, Chennai.

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The company will sell the building for Rs. 60 crore to Caresoft Mobility Private Ltd. and the consideration will be received in two tranches, the company said in a stock exchange filing.

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