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Zen Technologies Ltd. Capital/Financing Update 2026
60795_rns_2026-05-28_8fd8a031-61a7-4e35-bc0a-b82fbc10a83d.pdf
Capital/Financing Update
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ZEN
being there...
ZEN
TECHNOLOGIES
Certified ISO 9001:2015, ISO 27001:2022, CMMI ML5
Regd. Office: B-42, Industrial Estate, Sanath Nagar
Hyderabad - 500 018, Telangana, India
Phone: +91 40 2381 3281/3294/2894/4894
Fax: +91 40 2381 3694
Email: [email protected], Website: www.zen.in
Corporate Identity Number: L72200TG1993PLC015939
May 28, 2026
To
Listing Department
National Stock Exchange of India Limited
Exchange Plaza, C-1, Block G,
Bandra Kurla Complex,
Bandra (E), Mumbai – 400 051
To
Dept. of Corp. Services
BSE Limited
Phiroze Jeejeebhoy Towers
Dalal Street
Mumbai- 400001
Symbol: ZENTEC
Scrip Code: 533339
Dear Sir/Madam,
Sub: Statement of Deviation or Variation in utilization of funds raised through QIP under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 for the quarter ended March 31, 2026
Pursuant to Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, please find enclosed herewith the Statement of Deviation or variation in utilization of funds raised through Qualified institutional placement (QIP) by the Company, for the quarter ended March 31, 2026.
Further, the Company has submitted the Statement of Deviation or Variation in XBRL mode at the time of submission of the financial statements.
This is for your kind information and records.
Thanking you
Yours faithfully,
For Zen Technologies Limited
SOURAV
DHAR
Sourav Dhar
Company Secretary & Compliance Officer
Encl: As above
Works: Plot No. 36, Hardware Park, Near Shamshabad International Airport, Hyderabad - 501 510, Telangana, India
TENKHERA
THAMMA PARK, LTD.
ISO 9001
Certificate
ISO 14001
IAS
ACCREDITED
Standard Initial
120000000000000000000000000000000000000000000000000000000000000000000000000000
ISO CERTIFICATION
Division in Overall
MLS
CMMI APPRAISED
Approved in TMM 1
Exp. Feb 17, 2026
being there
ZEN TECHNOLOGIES
Certified ISO 9001:2015, ISO 27001:2022, CMMI ML5
Regd. Office: B-42, Industrial Estate, Sanath Nagar
Hyderabad - 500 018, Telangana, India
Phone: +91 40 2381 3281/3294/2894/4894
Fax: +91 40 2381 3694
Email: [email protected], Website: www.zen.in
Corporate Identity Number: L72200TG1993PLC015939
STATEMENT OF DEVIATION / VARIATION IN UTILIZATION OF FUNDS RAISED
| Name of the listed entity | M/s Zen Technologies Limited |
|---|---|
| Mode of Fund Raising | QIP |
| Date of Raising Funds | 23-08-2024 |
| Amount Raised (in Rs. Crores) | Rs. 979.51 Crores* (Net of issue expenses) |
| Report filed for Quarter ended | 31-03-2026 |
| Monitoring Agency | Yes |
| Monitoring Agency Name, if applicable | CRISIL Ratings Limited |
| Is there a Deviation / Variation in use of funds raised | No |
| If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders | NA |
| If Yes, Date of shareholder Approval | NA |
| Explanation for the Deviation / Variation | NA |
| Comments of the Audit Committee after review | NA |
| Comments of the auditors, if any | NA |
| Sr | Original Object |
| --- | --- |
| 1 | Funding working capital requirements of the Company |
| 2 | Funding inorganic growth through acquisitions and other strategic initiatives |
| 3 | General corporate purposes |
| Note: During the quarter ended September 30, 2024, the Company has completed its Qualified Institutional Placement ('QIP') of 62,46,096 Equity shares of Face value of ₹ 1/- each ('equity shares') for cash at a price of ₹ 1601/- per Equity Share (including a share premium of ₹ 1600/- per Equity Share) aggregating to ₹ 1,000.00 crore. The issue was made in accordance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended. |
Deviation could mean:
a) Deviation in the objects or purposes for which the funds have been raised
b) Deviation in the amount of funds actually utilized as against what was originally disclosed
For Zen Technologies Limited
Hari Haran Chalat
Chief Financial Officer
Works: Plot No. 36, Hardware Park, Near Shamshabad International Airport, Hyderabad - 501 510, Telangana, India
THURSDAY 15 NOV 2015
ISO 9001
IAS ACCREDITED
ISO 9001
ISO 14001
ISO 9001
CMMI APPRAISED
Approved in TMSA
Exp. Feb.17, 2020