Zen Technologies has informed that the Board of Directors of the Company at its meeting held on Friday, February 14, 2025 has approved the following: Investment by the Company of a sum not exceeding: Rs 1,27,50,00,000 (Rupees One Hundred and Twenty Seven Crores Fifty Lakhs), in multiple tranches, by way of purchasing 10,09,782 equity shares of Rs 876.43 (Rupees Eight Hundred and Seventy-Six Point Four Three) in the first tranche and 3,18,878 equity shares of Rs 1,223.04 (Rupees One Thousand Two Hundred and Twenty-Three Point Zero Four) in the second tranche, each having a face value of Rs 10 (Rupees Ten) and representing 100% of total paid-up share capital of Applied Research International Private Limited (ARIPL) from Shravan Rewari and Naomi Rewari; and Rs. 2,50,00,000 (Rupees Two Crores Fifty Lakhs), by way of purchasing 35,100 equity shares of Rs 712.25 (Rupees Seven Hundred and Twelve point Two Five), each having a face value of Rs 10 (Rupees Ten) and representing 100% of total paid-up share capital of ARI Labs (ALPL) from Shravan Rewari and Amarjeet Rewari.
9The above information is a part of company’s filings submitted to BSE.
