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Zen Technologies Ltd. Capital/Financing Update 2020

Sep 10, 2020

60795_rns_2020-09-10_c1e6eced-9d4c-4b0c-a462-ea916d09a5ce.pdf

Capital/Financing Update

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ZEN TECHNOLOGIES LIMITED

Certified ISO 9001:2015, ISO 27001:2013, ISO 14001:2015, CMMI ML5 Regd. Office : B-42, Industrial Estate, Sanathnagar Hyderabad - 500 018, Telangana, India Phone: +914023813281, Fax No: +914023813694 Email: [email protected] Website: www.zen.in Corporate Identity Number: L72200TG1993PLC015939

Date: 10 September 2020

To Listing Department BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai- 400001 Through: BSE Listing Centre To Listing Department National Stock Exchange of India Limited Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051 Through: NEAPS

Security Code: 533339 Symbol: ZENTEC

Dear Sir/Madam,

Sub: Disclosure of Information/Event under Regulation 30 of SEBI (LODR) Regulations, 2015 - Updates on Convertible Warrants - SEBl's Decision

Ref: Stock Exchange intimations dated 23 July 2020, 30 July 2020 and 28 August 2020

With reference to the subject cited above and in continuation to our intimation letters dated 23 July 2020, 30 July 2020 and 28 August 2020, Please find attached the SEBI's communication letter dated 10 September 2020, which is self-explanatory.

The above updates may please be noted.

Thanking you.

Works: Plot 36, Hardware Park, Near Shamshabad International Airport, Hyderabad - 501 510, Telangana, India

Manager Corporation Finance Department Tel: +91 22 26449712 Email: [email protected]

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SEBl/HO/CFD/DIL-2/AM/GB/2020/14822/1 September 10, 2020

Hansraj Singh Rajput Company Secretary & Compliance Officer Zen Technologies limited B-42, Industrial Estate Sanathnagar Hyderabad - 500 018 Telangana

Dear Sir,

Sub: Request for extension of time for conversion of warrants into equity shares - Preferential allotment by Zen Technologies limited

This is with reference to your letter dated August 28, 2020 seeking additional time to extend the tenure of convertible warrants allotted by the Company on February 04, 2019.

In this regard, the competent authority has acceded to extend the tenure by a further two weeks from the date of this letter. In case the warrant holders do not exercise the option for equity shares against any of the warrants held by them by the end date, the consideration amount already paid in respect of such warrants shall be forfeited by the Company in terms of Regulation 169(3) of SEBJ (ICDR) Regulations.

This exemption is specific to this application, and shall not be treated as a precedent.

This issues with the approval of competent authority.

.rt: ~q\f'°

Gunjan Biruly

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