Mastek Partners Yanbu Cement for AI-Led Digital Transformation; Shares Flat

Mumbai, June 29: Mastek Ltd has partnered with Yanbu Cement Company (YCC) to modernise the Saudi cement producer’s production, sales and dispatch operations through an AI-driven digital transformation programme, the company said in an exchange filing on Monday.

The engagement is aimed at helping Yanbu Cement digitise its production-to-dispatch value chain by integrating automation, enterprise applications and real-time operational intelligence.

According to Mastek, the project combines technologies such as Oracle Fusion Cloud ERP, IoT-enabled weighbridges, GPS-based transit tracking, automated gate systems and a unified dashboard to improve visibility across logistics and manufacturing operations.

The company said the transformation has streamlined order management, automated dispatch planning, improved fleet tracking and enabled real-time validation of truck movements. It also expects the digital platform to enhance production efficiency, reduce manual intervention and optimise resource utilisation across the supply chain.

Commenting on the partnership, Mastek Global CEO Abhijit Dubey said the collaboration demonstrates the company’s expertise in applying AI and digital technologies to improve industrial operations. Yanbu Cement Executive Vice President Surya Nunna said the initiative has strengthened production planning, operational efficiency and customer service while supporting the company’s broader digital transformation goals.

Stock Market Snapshot

The announcement had a limited impact on the stock during Monday’s trading session.

As of 12:38 IST on June 29, 2026, Mastek shares were trading at ₹1,575.70, up ₹0.50 or 0.03%. The Mastek share price remained largely unchanged as investors assessed the strategic significance of the overseas digital transformation engagement.

While the financial value of the contract was not disclosed, such enterprise technology deals are typically viewed as positive for strengthening client relationships and expanding Mastek’s presence in international markets.

Company Background

Mastek Ltd is a global provider of enterprise AI, cloud and digital transformation services, serving customers across sectors including healthcare, financial services, manufacturing, retail and the public sector.

The company operates in more than 40 countries and focuses on helping enterprises modernise legacy systems, automate business processes and deploy AI-powered digital solutions.

Conclusion

The partnership with Yanbu Cement further strengthens Mastek’s presence in the Middle East, a region where enterprises continue to accelerate digital transformation initiatives. Although the company has not disclosed the commercial value of the engagement, the project highlights Mastek’s growing focus on AI-enabled industrial automation and large-scale enterprise modernisation.

Source:

• https://www.nseindia.com/get-quote/equity/MASTEK/Mastek-Limited
• https://nsearchives.nseindia.com/corporate/MASTEK12_29062026122737_PressRelease29June2026.pdf