Zensar Technologies Ltd. — Capital/Financing Update 2020

Dec 3, 2020

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Registered Office : Zensar Technologies Limited Zensar Knowledge Park, Plot No. 4, MIDC Kharadi, Off Nagar Road, Pune 411014, India. Tel: +91 (20) 6607 4000, 27004000 Fax: +91 (20) 6605 7888, CIN: L72200PN1963PLC012621

Date: December 3, 2020

BSE Limited

Corporate Service Department, 01[st] Floor, P. J. Towers, Dalal Street, Mumbai 400 001

Fax: (022) 2272 2039/2272 3121

Scrip ID: ZENSARTECH Scrip Code: 504067

The National Stock Exchange of India Ltd.

Exchange Plaza, 03[rd] floor, Plot No. C/1, ‘G’ block, Bandra Kurla Complex, Bandra (E), Mumbai 400 051 Fax: (022) 26598237/26598238

Symbol: ZENSARTECH Series: EQ

Sub: Intimation of Completion of Divestment

Dear Sir/Madam,

This is further to our letter(s) dated October 19, 2020 and November 26, 2020 regarding Board and Members’ approval on the divestment/disposal of equity shares of PSI Holding Group Inc. (step down subsidiary of the Company) held by Zensar Technologies Inc. (wholly owned subsidiary of the Company).

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and all other applicable provisions, this is to inform you that the said Divestment has been completed on December 2, 2020 (PST).

Accordingly, PSI Holding Group Inc. along with its subsidiaries namely, Zensar Technologies IM Inc. and Zensar Technologies IM B.V. have ceased to be the subsidiary(ies)/step-down subsidiary(ies) of the Company.

This is for your information and dissemination purpose.

Thanking you,

Yours sincerely,

For Zensar Technologies Limited

(Gaurav Tongia) Company Secretary

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www.zensar.com