SEC Form 3 · accession 0001571049-15-005352
Majesco · MJCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sudhakar Ram
Director
Period of report
Jun 26, 2015
Accepted (ET)
Jun 26, 2015 · 7:10 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001626853
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| No securities beneficially ownedF1,F2,F3 | holding | — | — | — | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F169.7% of Majesco is owned by Majesco Limited. Majesco Limited is in the process of being listed as a publicly-traded company in India. Approximately 49.56% of the capitalization of Majesco Limited is held by public shareholders, while approximately 50.44% is held by individual promoters of Majesco Limited and their family members, including 13.41% by Mr. Ram and his family. No promoter, including Mr. Ram, individually or with his family, holds the power to vote or dispose of the shares of Majesco owned by Majesco Limited, or control over Majesco Limited.
- F213.8% of Majesco is owned by Mastek Limited. Mastek Limited is a publicly-traded company in India. Approximately 49.56% of the capitalization of Mastek Limited is held by public shareholders, while approximately 50.44% is held by individual promoters of Mastek Limited and their family members, including 13.41% by Mr. Ram and his family. No promoter, including Mr. Ram, individually or with his family, holds the power to vote or dispose of the shares of Majesco owned by Mastek Limited, or control over Mastek Limited. Mastek Limited owns its entire interest in Majesco through its wholly-owned subsidiary, Mastek (UK) Ltd.
- F3Mr. Ram disclaims beneficial ownership of all of the securities of Majesco that are or may be beneficially owned by Majesco Limited, Mastek Limited or any of their affiliates. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that Mr. Ram is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any equity securities of the Issuer for purposes of Section 16 of the Exchange Act or otherwise.