NSECredit Rating- New5d ago · 31 Aug 2026, 04:52 pm

Credit Rating- New

Zensar Technologies Limited · ZENSARTECH

✦ AI SummaryRating Change

Zensar Technologies Limited has informed the Exchange about ICRA Limited re-affirming the credit rating for Long Term/Short Term-Fund Based/Non-Fund Based as [ICRA]AA+ (Stable)/[ICRA]A1+.

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Earnings Impact0/10
Growth Catalyst0/10
Governance Concern0/10
Regulatory Risk0/10
Balance Sheet Risk0/10
Liquidity Impact0/10
Market Sentiment5/10

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Zensar Technologies Limited has informed the Exchange about Credit Rating- New

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ZENSARTECH_31082026165109_Credit_Rating_SE_Intimation.pdf

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August 31, 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.: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, We hereby inform you that ICRA Limited has re-affirmed the credit rating for Long Term/Short Term- Fund Based/Non-Fund Based as [ICRA]AA+ (Stable)/[ICRA]A1+. The Credit Rating Letter received from ICRA Limited is enclosed herewith. Kindly take the same on record. Thanking you, Yours sincerely, For Zensar Technologies Limited Anand Daga Company Secretary Encl.: As above C IN: L72200PN1963PLC012621 www.zensar.com Zensar Technologies Limited, Zensar Knowledge +(20) 6607 4000, 2700 4000 investor@zensar.com Park, Plot No. 4, MIDC Kharadi, Off Nagar Road, Pune 411014 ICRA Limited ICRA/Zensar Technologies Limited/31082026/1 Date: August31, 2026 Mr. Rajiv Mundhra VP-Finance Zensar Technologies Limited Plot 4, MIDC, Off Nagar Road Kharadi, Pune 411014 DearSir, Re:ICRA'sCreditRatingforbelowmentionedInstrumentsofZensar Technologies Limited AspertheRatingAgreement/StatementofWorkexecutedwithICRALimited, RatingCommitteehastakenthe following rating actions for the mentioned instruments of your company. Instrument RatedAmount(Rs.Crore) RatingAction1 Financial Sector Regulator# Long Term / Short Term-Fund [ICRA]AA+ (Stable)/ [ICRA]A1+; 191.00 RBI based/Non Fundbased reaffirmed Total 191.00 ailable for activities and instruments which fall under the regulatory purview of Financial Sector Regulators other than SEBI The aforesaid rating(s) will become due for surveillance within one year from the date of rating communication letter. However, ICRA reserves the right to review and/or, revise the above rating(s) at any time based on new information becoming available, orthe required information not being available, or other circumstances that ICRA believes could have an impact on the rating(s). Therefore, request the lenders and investors to visit ICRA website at www.icra.infor latest rating(s) of the company. The rating(s) are specific to the terms and conditions of the instruments as indicated to us by you, and any change in the terms or size of the same would require a review of the rating(s) by us. In case there is any change in the terms and conditions or the size of the rated instrument, the same must be brought to our notice before the instrument is used by you. In the event such changes occur after the rating(s) havebeen assigned by us and their use has been confirmed by you, the rating(s) would be subject to our review, following which there could be a change in the rating(s) previously assigned. Notwithstanding the foregoing, any change in the over-all limit of theinstrument from that specified inthis letter, would constitute an enhancement that would not be covered by or under the said Rating Agreement. The rating(s) assigned must be understood solely as an opinion and should not be treated, or cause to be treated, as recommendation to buy, sell, or hold the rated instrument availed/issued by your company. You are also requested to forthwith inform us about any default or delay in repayment of interest or principal amount of the instrument rated, as above, or any other debt instruments/ borrowing and keep us informed of any other developments which may have a direct or indirect impact on the debt servicing capability of the company including any proposal for re-schedulement or postponement of the repayment programmesof the dues/ debts of the company with any lender(s) / investor(s), or occurrence of any significant development that could impact the ability of the company to raise funds such as restriction imposed by any authority from raising funds through issuance of debt securities through electronic bidding system. Further, you are requested to inform us immediately as and when the borrowinglimitforthe instrument rated,asabove,orasprescribed bythe regulatoryauthority(ies) is exceeded. Welookforwardtoyourcommunicationandassureyouofourbestservices. 1Completedefinitionsoftheratingsassignedareavailableatwww.icra.in. Sensitivity Label : Restricted Withkindregards Yours sincerely For ICRA Limited Suprio Banerjee Vice President supriob@icraindia.com Sensitivity Label : Restricted Annexure DetailsofBankLimitsRatedbyICRA Amount(Rs.Crore) Rating RatingAssignedOn (Rated on Long-Term/ Short-Term Scale) Fund based/ Non-fund based Limits Standard Chartered Bank 10.00 Kotak Mahindra Bank 20.00 Citibank 72.00 HSBCLimited 40.00 [ICRA]AA+ (Stable)/ [ICRA]A1+ August21,2026 ICICI BankLimited 25.00 HDFC BankLimited 20.00 Proposed 4.00 Total 191.00 Sensitivity Label : Restricted