Zensar Technologies has completed the process merger of the US-based 100% step-down subsidiaries (Merging Entities) into Zensar Technologies Inc., USA, a material wholly owned subsidiary of the company. The requisite filing process of merger applications, with respective local authorities/states, has been completed and with effective date of merger being April 1, 2021, the process is completed.
The four Merging Entities were Keystone Logic Inc., Professional Access, Cynosure Inc. and Indigo Slate Inc. Earlier, the company’s board had in-principally consented/authorised/approved merger.
Zensar Technologies, formerly known as ICIL was acquired by the RPG group in 1989. It is a globally focused software and services company spread across eighteen countries across the world.