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Zensar Technologies Ltd. M&A Activity 2021

Jul 14, 2021

61559_rns_2021-07-14_fd318df2-1df3-4941-8b4a-b09430f821c3.pdf

M&A Activity

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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: July 14, 2021

BSE Limited The National Stock Exchange of India Ltd. Corporate Service Department, Exchange Plaza, 03[rd] floor, 01[st] Floor, P. J. Towers, Plot No. C/1, ‘G’ block, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai 400 001 Mumbai 400 051 Fax: (022) 2272 2039/2272 3121 Fax: (022) 26598237/26598238

Scrip ID: ZENSARTECH Symbol: ZENSARTECH Scrip Code: 504067 Series: EQ

Sub: Intimation of Completion of Acquisition

Dear Sir/Madam,

This is further to our disclosure(s) dated May 14, 2021 intimating Board of Directors’ consent and execution of definitive agreement(s) for:

  • Acquisition of 100% membership interests in M3bi LLC, USA, by Zensar Technologies Inc. (wholly owned subsidiary of the Company) and

  • Acquisition of 100% equity share capital of M3bi India Private Limited by the Company.

Furthermore in continuation of our letter dated July 8, 2021, inter-alia, intimating completion of acquisition of M3Bi India Private Limited, India, by the Company, please note that:

  • Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and all other applicable provisions, the aforesaid acquisition of M3bi LLC, USA has been completed on July 14, 2021.

This is for your information and records.

Thanking you,

Yours sincerely,

For Zensar Technologies Limited

Gaurav Tongia Company Secretary

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www.zensar.com