Zensar Technologies Ltd. — Regulatory Filings 2021

Mar 23, 2021

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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: March 23, 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 “ Zensar continues support to Tomorrow Trust with its latest initiative”.

This is for your information and dissemination purpose.

Thanking you,

Yours sincerely,

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Encl. as above

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Zensar continues support to Tomorrow Trust with its latest initiative

Donates dual-purposes devices to Grade 10 and 11 South African students to enable e-learning

Johannesburg, South Africa, March 23, 2021: Zensar , a leading digital solutions and technology services company, announced that it reinforced its support to Tomorrow Trust by enabling local students to learn and develop their skills. Zensar’s team donated dual-purpose devices with data to Grade 10 and 11 students. These students hail from Soweto, Alexandra, Tembisa, and Daveyton, where Tomorrow Trust provides support to orphaned and vulnerable children. This donation comes at a time when the pandemic has resulted in many young students discontinuing their studies, and this initiative aims to provide digital access to these students. They can pursue developing key competencies and have the option to learn from anywhere, keeping safe in the ongoing pandemic.

Ajay S. Bhutoria, Chief Executive Officer and Managing Director, Zensar, said , “Building the next generation of talent is of utmost importance. I am very proud of our team’s efforts in South Africa. By providing a platform so these deserving students can develop their skills, we are creating a more stable and brighter future for us all.”

James Donald, CEO, Tomorrow Trust said , “In Zensar, we have found a like-minded partner that understands the critical need to invest in these children’s education. They have the vision to upskill future talent for the fast-growing ICT sector in this region. We are extremely grateful for this partnership and look forward to working closely with Zensar to continue impacting more children and youth of South Africa.”

Harish Lala, Senior Vice-President and Head, Zensar South Africa, commented , “South Africa has a lot of young, capable talent, and we are committed to working with Tomorrow Trust in this endeavour to develop this talent. One of the key objectives of our skills development initiative in the region is to train and prepare future ICT skillsets, which can contribute to their communities, industries and economies. We wish all the best to these eager-to-learn students so that they can create a stable future for themselves and become successful technology professionals.”

Tomorrow Trust works with local partners like Zensar to invest in enhancing the educational ability to bridge the gaps that COVID-19 created. There is a need to build their key competencies so that they will not drop out of school or move through the schooling system with results that won’t set them up to thrive in the working world. Pre-COVID-19, South Africa had an alarming 46% of Grade 9 learners drop out of the educational system. This is predicted to worsen. Due to the lack of access, many of these children do not cope and drop out of school after Grade 9. This situation can be addressed by companies working towards setting up initiatives on comprehensive skills development programs.

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 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

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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 aradhana.prabhu@zensar.com

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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