NSEGeneral Updates4d ago · 29 Jul 2026, 08:28 pm
General Updates
Zensar Technologies Limited · ZENSARTECH
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Zensar Technologies Limited has received in-principle approval for the merger of its US-based step-down subsidiaries, Bridgeview Life Sciences LLC and M3BI LLC, into its material wholly owned subsidiary, Zensar Technologies Inc., USA. The merger aims to achieve greater business synergies and operational efficiencies.
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Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Zensar Technologies Limited has informed the Exchange about in-principle approval for Merger of the following US-based step-down subsidiary(ies) of the Company.
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ZENSARTECH_29072026202807_SE_Intimation_Merger.pdf
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July 29, 2026
BSE Limited National Stock Exchange of India Limited
Corporate Service Department, Exchange Plaza, Bandra Kurla Complex,
1st Floor, P. J. Towers, Bandra (E),
Dalal Street, Mumbai 400 051
Mumbai 400 001
Scrip Code: 504067 Symbol: ZENSARTECH
Sub.: Disclosure pursuant to Regulation 30(1) of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”)
Dear Sir,
Pursuant to Regulation 30 of the SEBI Listing Regulations, we wish to inform you that the Board of
Directors of the Company at its meeting held on July 29, 2026, has accorded in-principle approval for
Merger of the following US-based step-down subsidiary(ies) of the Company (‘Merging Entities’) into
Zensar Technologies Inc., USA, a material wholly owned subsidiary of the Company, either directly or
indirectly (by setting up a new entity to enable the merger):
i. Bridgeview Life Sciences LLC
ii. M3BI LLC
The Board/Shareholders of the respective Merging Entities as well as Zensar Technologies Inc., USA will
be considering the proposal for the merger separately.
Consequent to the Merger, the Merging Entities would cease to exist as step-down subsidiaries of the
Company.
The details as required under Regulation 30 of the SEBI Listing Regulations read with the SEBI Master
Circular dated January 30, 2026, as amended from time to time, in respect to merger of entities are
enclosed herewith and marked as Annexure-I.
The Board meeting commenced at 05:00 PM (IST) and concluded at 08:05 PM (IST)
This is for your information and records.
Thanking you,
Yours sincerely,
For Zensar Technologies Limited
Anand Daga
Company Secretary
Encl.: As above
CIN: L72200PN1963PLC012621 www.zensar.com Zensar Technologies Limited, Zensar
+(20) 6607 4000, 2700 4000 investor@zensar.com Knowledge Park, Plot No. 4, MIDC Kharadi,
Off Nagar Road, Pune 411014
Annexure – I
Details pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 read with the SEBI Master Circular dated January 30,
2026
S. Particulars Disclosure
1. Name of the entity(ies) forming Below are brief details (on standalone basis) as on and for
part of the merger, details in the year ended March 31, 2026:
brief such as size, turnover, etc.
(In USD Million)
Entity Name N et worth Turnover
Bridgeview Life Sciences 0.4 4.74
M3BI LLC 9.32 46.8
Zensar Technologies Inc. 74.66 326.96
2. Whether the transaction would No
fall within related party
transactions? If yes, whether the As per Regulation 23(5)(b) of the SEBI (Listing Obligations
same is done at “arm’s length” and Disclosure Requirements) Regulations, 2015, the
related party transaction provisions are not applicable to
the proposed merger.
3. Area of business of the
entity(ies) Entity Area of Business
Bridgeview Life Sciences The entities are engaged in
LLC providing digital solutions
M3BI LLC and technology services to
Zensar Technologies Inc. global organizations.
4. Rationale for merger To achieve greater business synergies and higher
operational efficiencies. It will also lead to effective
management and unified control of operations.
5. In case of cash consideration - Not applicable - the proposed merger is between step-
amount or otherwise share down subsidiary(ies) of Zensar Technologies Limited.
exchange ratio
6. Brief details of change in There shall be no change in the shareholding pattern of
shareholding pattern (if any) of Zensar Technologies Limited.
the listed entity
CIN: L72200PN1963PLC012621 www.zensar.com Zensar Technologies Limited, Zensar
+ (20) 6607 4000, 2700 4000 investor@zensar.com Knowledge Park, Plot No. 4, MIDC Kharadi,
Off Nagar Road, Pune 411014