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Zen Technologies Ltd. Capital/Financing Update 2025

Oct 17, 2025

60795_rns_2025-10-17_0bdcd141-e8ba-472f-b2bb-44ae3cda1eea.pdf

Capital/Financing Update

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October 17, 2025

To,

BSE Limited ,

Department of Corporate Services, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001 Scrip Code : 533339

National Stock Exchange of India Limited Listing Department, Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (East), Mumbai – 400051 Symbol : ZENTEC

  • Sub: Disclosure under Regulation 30(7) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”)

Dear Sir/Madam,

This is in furtherance to the disclosure dated 14 February 2025 (“ 14 February Disclosure ”) pursuant to which we had, inter alia , informed you about the approval by the Board of Directors of Zen Technologies Limited (“ Company ”) in their meeting held on 14 February 2025 of the investment by the Company of a sum not exceeding:

  • (i) Rs. 1,27,50,00,000 (Rupees One Hundred and Twenty Seven Crores Fifty Lakhs), in multiple tranches, by way of purchasing 10,09,782 equity shares of Rs. 876.43 (Rupees Eight Hundred and Seventy-Six Point Four Three) in the first tranche and 3,18,878 equity shares of Rs. 1,223.04 (Rupees One Thousand Two Hundred and Twenty-Three Point Zero Four) in the second tranche, each having a face value of Rs. 10 (Rupees Ten) and representing 100% of total paid-up share capital of Applied Research International Private Limited (“ ARIPL ”) from Mr. Shravan Rewari and Ms. Naomi Rewari; and

  • (ii) Rs. 2,50,00,000 (Rupees Two Crores Fifty Lakhs), by way of purchasing 35,100 equity shares of Rs. 712.25 (Rupees Seven Hundred and Twelve point Two Five), each having a face value of Rs. 10 (Rupees Ten) and representing 100% of total paid-up share capital of ARI Labs Private Limited (“ ALPL ”) from Mr. Shravan Rewari and Mrs. Amarjeet Rewari.

((i) and (ii) above collectively referred to as the “ Proposed Transaction ”).

In furtherance to the above, we had also informed you in the 14 February Disclosure, inter alia , that the Company has entered into: (i) a share purchase agreement dated 14 February 2025 with: (A) Mr. Shravan Rewari; (B) Ms. Naomi Rewari; and (C) Mrs. Amarjeet Rewari, certain existing shareholders of ARIPL and ALPL, respectively ((A), (B) and (C) collectively the shareholders of ARIPL and ALPL respectively referred to as the “ Sellers ”); (D) ARIPL; and (E) ALPL for the purpose of the Proposed Transaction i.e., purchase of 100% of the total paid-up share capital of ARIPL (in multiple tranches) and ALPL by the Company from the respective Sellers; and (ii) the shareholders’ agreement dated 14 February 2025 between the Company, Mr. Shravan Rewari and ARIPL (“ SHA ”).

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In furtherance to the above, we had informed you pursuant to the disclosure dated 1 March 2025 (“ 1 March Disclosure ”), inter alia , that the Company had, on 28 February 2025:

  • (i) acquired control of ARIPL from Mr. Shravan Rewari and Ms. Naomi Rewari and the share transfer of 76% of the total paid-up share capital of ARIPL from Mr. Shravan Rewari and Ms. Naomi Rewari is under process;

  • (ii) completed the acquisition of 100% of the total paid-up share capital of ALPL from Mr. Shravan Rewari and Mrs. Amarjeet Rewari, pursuant to which ALPL has become a wholly owned subsidiary of the Company.

In furtherance to the 14 February Disclosure and the 1 March Disclosure, and pursuant to Regulation 30(7) of the Listing Regulations, we now wish to inform you that the Company, on 16 October 2025, has completed the acquisition of the balance 24% of the total paid-up share capital of ARIPL and now owns 100% of the total paid-up share capital of ARIPL. Accordingly, pursuant to the acquisition of 24% of the total paid-up share capital of ARIPL, ARIPL has now become a wholly owned subsidiary of the Company.

The requisite disclosures in terms of paragraph A(1) of Part A of Schedule III of the Listing Regulations read with paragraph A(1)(1.1) of Annexure 18 of the Securities and Exchange Board of India master circular dated 11 November 2024 bearing reference number SEBI/HO/CFD/PoD2/CIR/P/0155 have already been provided in the 14 February Disclosure.

We request you to kindly take the aforementioned on record.

Thanking you,

Yours sincerely,

For Zen Technologies Limited

SOURAV Digitally signed by SOURAV DHAR DHAR Date: 2025.10.17 10:53:13 +05'30'

Sourav Dhar

Company Secretary & Compliance Officer

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