Zensar Technologies Ltd. — M&A Activity 2021

Nov 9, 2021

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November 9, 2021

BSE Limited

Corporate Service Department, 1[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, 3[rd] floor, Plot No. C/1, ‘G’ block, Bandra Kurla Complex, Bandra (E), Mumbai 400 051 Fax: (022) 26598237/26598238

Symbol: ZENSARTECH Series: EQ

Subject: Disclosure inter-alia, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir/Madam,

This is to inform you that pursuant to the amendments in Federal Labor Laws of Mexico and operational synergies, KEYSTONE TECHNOLOGIES MEXICO, S. DE. R.L. DE C.V., 100% step-down subsidiary in Mexico (“Merging entity”) is being merged into KEYSTONE LOGIC MEXICO, S. DE. R.L. DE C.V., 100% step-down subsidiary in Mexico (“Merged entity”) and the merger enters into effect for legal purposes from November 9, 2021.

The details in the prescribed format under Regulation 30(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read along with the circular dated September 9, 2015, as attached form an integral part of this disclosure and have to be read in conjunction with the same.

Kindly take the same on record.

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Yours faithfully,

Company Secretary Gaurav Tongia

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Zensar Technologies Limited, Zensar Knowledge Park, Plot No. 4, MIDC Kharadi, Off Nagar Road, Pune 411014

CIN: L72200PN1963PLCO12621

CIN: L72200PN1963PLCO12621 www.zensar.com +(20) 6607 4000, 2700 4000 investor@zensar.com +(20) 6605 7888

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Details of Transaction

Sr. No.	Particulars		Remarks	Remarks	Remarks
1.	Name of the entity(ies) forming part of the merger, details in brief such as size, turnover, etc.		Below are the brief details (on standalone basis) as on March 31, 2021: (Mexican Peso)
			Entity Name	Net worth	Turnover
			KEYSTONE TECHNOLOGIES MEXICO, S. DE. R.L. DE C.V.	674,665	36,243,933
			KEYSTONE LOGIC MEXICO, S. DE. R.L. DE C.V.	29,354,350	31,509,331
2.	Whether the transaction would fall within related party transactions? If yes, whether the same is done at “arms length”		No The related party transaction provisions are not applicable to the said merger.
3.	Area of business of the entity(ies)		The entities are engaged in providing digital solutions and technologyservices toglobal organizations.
4.	Rationale for merger		This merger is pursuant to the mandate under amendments in Federal Labor Laws of Mexico and operational synergies.
5.	In case of cash consideration - amount or otherwise share exchange ratio		Not applicable as merger between unlisted step-down subsidiary(ies) of Zensar Technologies Limited, as part of local regulatoryrequirements.
6.	Brief details of change in shareholding pattern (if any) of the listed entity		There shall be no change in the shareholding pattern of Zensar Technologies Limited.

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www.zensar.com investor@zensar.com

Zensar Technologies Limited, Zensar Knowledge Park, Plot No. 4, MIDC Kharadi, Off Nagar Road, Pune 411014

CIN: L72200PN1963PLCO12621 +(20) 6607 4000, 2700 4000

+(20) 6605 7888