STEL Holdings Acquires 35970 Shares of Zensar Technologies for Approximately Rs. 2 Crores

STEL Holdings Ltd, an unregistered investment company and a promoter group company of Zensar Technologies Limited, has acquired 35970 fully paid up Equity shares of Zensar Technologies Limited through market purchase. The total cost of acquisition is approximately Rs. 2 crores, with each share priced at approximately Rs. 554.11 each (excluding brokerage and other applicable taxes and charges). This acquisition was done in the ordinary course of its business and does not involve any related party transactions. Zensar Technologies Limited is a leading technology consulting and services company with a diverse team of over 10,000 professionals across 30+ global locations. The company serves 145+ leading enterprises and offers services in Cloud Infrastructure and Security, Data Engineering and Analytics, Artificial Intelligence, Enterprise Applications (CRM and ERP), IT managed services and application management.