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Zensar Technologies to liquidate wholly owned subsidiary company in China

23 Apr 2016 Evaluate

Zensar Technologies has decided for liquidation of wholly owned foreign enterprise (WOFE) / wholly owned subsidiary company (WOSE) in China, subject to approval of Reserve Bank of India and other statutory approvals, if any. The company's board at its meeting held on April 22, 2016 has decided for same.

Zensar is a leading digital solutions and technology services company that specializes in partnering with global organizations across industries on their Digital Transformation journey. It is engaged in software development, networking, e-commerce, and systems integration services. It also provides consulting, collaboration services and business process outsourcing services.

 

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