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Zensar Technologies jumps after its arm gets approval to divest 100% stake in Aquila Technology Corp

Zensar Technologies Ltd. | IT - Software | IT & ITES | BSE: 504067 | NSE: ZENSARTECH

26 Feb 2021 Evaluate

Zensar Technologies is currently trading at Rs. 304.15, up by 7.20 points or 2.42% from its previous closing of Rs. 296.95 on the BSE.

The scrip opened at Rs. 292.30 and has touched a high and low of Rs. 308.55 and Rs. 290.00 respectively. So far 53588 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 308.55 on 26-Feb-2021 and a 52 week low of Rs. 63.70 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 308.55 and Rs. 240.00 respectively. The current market cap of the company is Rs. 6861.03 crore.

The promoters holding in the company stood at 49.22%, while Institutions and Non-Institutions held 40.77% and 10.01% respectively.

Zensar Technologies’ wholly owned subsidiary -- Zensar Technologies Inc. has received approval from board to divest 100% of its equity shareholding, held by it in Aquila Technology Corp, subject to approval of relevant statutory, regulatory and/or governmental authority, as may be required. The board of directors at its meeting held on February 25, 2021 has approved the same.

Zensar Technologies Inc. holds 100% of equity in Aquila Technology Corp (Aquila). PSI Holding Group Inc (PSI) a wholly owned subsidiary of Zensar Technologies Inc. was holding 100% of equity in Aquila till October 31, 2019. Effective November 2019, PSI distributed the stock of Aquila to Zensar Technologies Inc., pursuant to which Zensar Technologies Inc. holds 100% of equity in Aquila.

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.

Zensar Technologies Share Price

603.00 14.75 (2.51%)

17-Apr-2026 16:59 View Price Chart

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Zensar Technologies jumps after its arm gets approval to divest 100% stake in Aquila Technology Corp

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