Zensar Technologies has informed that Zensar Technologies Inc, USA, wholly owned subsidiary of Zensar Technologies (‘the Company’), has entered into definitive agreement(s)/document(s) for acquisition of 100% of the membership interests in M3bi, LLC, USA. Further, the Board of Directors approved/concurred/consented to acquisition of M3bi India, India and accordingly the Company has entered into definitive agreement(s)/document(s) for acquisition of entire equity share capital of M3bi India, subsidiary of M3bi, LLC, USA. The details in the prescribed format under Regulation 30 and Part A of Schedule III of the Listing Regulations read along with SEBI circular dated September 9, 2015, as attached, form an integral part of this disclosure and must be read in conjunction with the same. Further, the company has enclosed a Press Release titled ‘Zensar acquires M3bi, a US and India based Data Engineering, Big Data & Advanced Analytics and Digital Engineering firm’.
The above information is a part of company’s filings submitted to BSE.
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