Zensar Technologies Ltd. — Share Issue/Capital Change 2019

Apr 29, 2019

Registered Office : Zensar Technologies Limited Zensar Knoewledge Park, Plot No. 4, MIDC Kharadi,

==> picture [87 x 26] intentionally omitted <==

Off Nagar Road, Pune 411014, India. Tel: +91 (20) 6607 4000, 27004000 Fax: +91 (20) 6605 7888, CIN: L72200PN1963PLC012621

Date: April 29, 2019

BSE Limited The National Stock Exchange of India Ltd. Corporate Service Department, Exchange Plaza, 3rd floor, 1[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 Grant of options & allotment of shares against exercise of ESOPs by the Nomination and Remuneration Committee (“the Committee”).

Dear Sir(s),

This is to inform you that the Nomination and Remuneration Committee of the Board of Directors at its meeting held today, inter alia, has approved the following:

1. Allotment of 950 fully paid equity shares of INR 2.00 each to an employee of the Company, who has exercised stock options granted to her;

2. Grant of 1,85,000 Performance Award Units (PAUs) to employees, as base count, pursuant to Employees Performance Award Unit Plan 2016 (EPAP 2016), at an exercise price of INR 2.00 per share, which would vest as per the terms of grant, based on the performance parameters approved by the Committee.

You are requested to kindly take the same on your record.

Thanking you, Yours sincerely,

For Zensar Technologies Limited Gaurav Tongia Company Secretary