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Zensar Technologies Ltd. Regulatory Filings 2021

May 6, 2021

61559_rns_2021-05-06_86cea9f6-3b4a-4310-8555-2ac8bf2bab99.pdf

Regulatory Filings

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Registered Office : Zensar Technologies Limited Zensar Knoewledge 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: May 6, 2021

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: Press Release

Dear Sir(s),

Please find enclosed herewith a press release titled “ UK-based FinTech Infinity Circle selects Zensar for end-to-end development of its next-gen wealth management platform”.

This is for your information and dissemination purpose.

Thanking you,

Yours sincerely,

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Encl. as above

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UK-based FinTech Infinity Circle selects Zensar for end-to-end development of its next-gen wealth management platform

London, United Kingdom, May 6, 2021: Zensar, a leading digital solutions and technology services company, announced that it has been selected by Infinity Circle, a UK-based fintech company in the wealth management space. Infinity Circle aims to bring together like-minded entrepreneurs, investors and game changers. It has the vision to simplify wealth management through innovation, excellence in customer experience, and fully digital-enabled secure transactions. Zensar will be the design and technology services partner with the scope of engagement spanning across branding, UX, CX design, core platform development, global launch, and on-going support services.

Chaitanya Rajebahadur, Executive Vice-President and Head, Europe, Zensar, commented , “We are excited to work with disruptive companies like Infinity Circle, that bring fintech to the forefront of new ways of doing business. Their vision to take next generation wealth management to a new and emerging set of clients and investors is in keeping with our focus on creating value for future consumers of digital technology. Our team looks forward to creating this innovative platform for them.”

Elizabeth Dana, Founder of Infinity Circle, stated , “We are trying to do something transformational, by creating a digital platform that will offer global clients simplified wealth management solutions. For years, this area has been accessible to a very small number of people; we aim to change that by opening up tech led wealth management to a new generation of investors. In Zensar, we find a partner that understands digital, and brings the capabilities needed to take this idea to industrialisation.”

Anshul Srivastav, Vice-President and Head, Financial Services, Europe, Zensar, said, “UK has one of the most exciting fintech ecosystems in the world and we are committed to focus and invest in fintech as one of the specialist micro-verticals. Infinity Circle is taking a big step forward to create a disruptive platform that will bring transformational opportunities to a new generation of investors. In line with our vision to create such opportunities for end consumers, partnership with Infinity Circle to create this platform is an important milestone for us.”

Key features of the platform:

  • Cloud Native Application build on Microsoft Azure

  • Omnichannel customer experience on Web and Mobile

  • Innovative wealth management features like Infinity Deal Room, Private market, social media platform like P2P engagement - powered by AI, analytics, and automation

  • Fully Digital and automated client onboarding process; integrations to Digital Payments gateways and Digital wallets; and secured and digital document signatures and management

  • o Highly secured framework through industry’s best practices on Data Protection and encryption, IAM, multi-factor authentication, multi-layered security, and conformance to regional compliance

About Zensar (www.zensar.com)

Zensar is a digital solutions and technology services company that partners with global organizations across industries to achieve digital transformation. With a strong track record of innovation, investment in digital solutions, and commitment to client success, Zensar’s comprehensive range of services and solutions help

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clients achieve new thresholds of business performance through client satisfaction, excellence in delivery, and innovation.

Follow Zensar via:

Zensar Blog: http://www.zensar.com/blogs Twitter: https://twitter.com/Zensar LinkedIn: https://www.linkedin.com/company/zensar-technologies Facebook: https://www.facebook.com/Zensar Catch our refreshed new website at: www.zensar.com

About RPG Enterprises (www.rpggroup.com)

RPG Enterprises, established in 1979, is one of India's fastest growing business groups with a turnover of US$ 4B. The group has diverse business interests in the areas of infrastructure, tires, pharmaceuticals, IT, and specialty industries.

For any queries please reach out:

PR Contacts (Global) Aradhana Prabhu Public Relations Zensar Technologies [email protected]

Safe Harbor

Certain statements in this release concerning our future prospects are forward-looking statements which involve a number of underlying identified / non identified risks and uncertainties that could cause actual results to differ materially. This release and other statements – written and oral –that we periodically make contain forwardlooking statements that set out anticipated results based on the management’s plans and assumptions. However the same are subject to risks and uncertainties, including but not limited to, our ability to manage growth; fluctuations in earnings /exchange rates; intense competition in IT services including factors affecting cost advantage; wage increases; ability to attract and retain highly skilled professionals; time and cost overruns on fixed price, fixed-time frame or other contracts; client concentration; restrictions on immigration; our ability to manage international operations; reduced demand for technology in our service offerings; disruptions in telecommunication networks; our ability to successfully complete and integrate acquisitions; liability for damages on our service contracts; government measures in India and countries where our customer operate, withdrawal of governmental fiscal incentives; economic downturn in India, and/or around the world, political instability, legal restrictions on raising capital or acquiring companies; and unauthorized use of intellectual property and general economic conditions affecting the industry.

In addition to the foregoing, global pandemic like COVID-19 may pose an unforeseen, unprecedented, unascertainable and constantly evolving risk(s), inter-alia, to us, our customers, delivery models, vendors, partners, employees, general global operations and may also impact the success of companies in which we have made strategic investments, demand for Company’s offerings and the onshore-offshore-nearshore delivery model.

The results of these assumptions made relying on available internal and external information are the basis for determining the carrying values of certain assets and liabilities. Since the factors underlying these assumptions are subject to change over time, the estimates on which they are based, are also subject to change accordingly. These forward-looking statements represent only the Company’s current intentions, beliefs or expectations, and any forward-looking statement speaks only as of the date on which it was made. The Company assumes no obligation to revise or update any forward-looking statements, whether as a result of new information, future events, or otherwise.

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