We, Majesco Limited (BSE: 539289), (NSE: MAJESCO) (an Indian entity listed on BSE and NSE) (Majesco Limited), clarify that we have not acquired Utilant LLC and have nothing to do with the acquisition and the transaction reported in the Press Release of May 20, 2021. The acquisition has been consummated by Majesco, an entity based out of USA (Majesco USA), which was an erstwhile subsidiary of Majesco Limited and was divested in September 2020 to a US Private Equity Player - Thomas Bravo. We also clarify that we have not collaborated with Infosys and the collaboration as reported in the Press Release of May 18, 2021 is in the context of Majesco USA. You are requested to take the above on record and disseminate this information to the relevant investing community.