Just to add to the promoter integrity discussion, Majesco is one of the few cases of minority shareholder friendly sale executed in India. First of all, Majesco managed to negotiate the deal at a much higher price than the market cap. Thereafter, the deal pricing was revised upwards and management was super transparent in paying off the shareholders. The whole process was completed really fast and everyone got more than they bargained for. The promoter reputation is so good that the residual real estate business of Majesco has been valued by the market much above most of the estimates.
So, in my opinion, the management of the Mastek group is one of the best in the country.