Zensar Technologies Inc completes divestment of PSI Holding Group Inc

Zensar Technologies Limited had earlier announced about the Board and Members' approval on the divestment/disposal of equity shares of PSI Holding Group Inc. (step down subsidiary of the Company) held by Zensar Technologies Inc. (wholly owned subsidiary of the Company).

The said Divestment has been completed on December 2, 2020 (PST).

Accordingly, PSI Holding Group Inc. along with its subsidiaries namely, Zensar Technologies IM Inc. and Zensar Technologies IM B.V. have ceased to be the subsidiary(ies)/step-down subsidiary(ies) of the Company.

Shares of ZENSAR TECHNOLOGIES LTD. was last trading in BSE at Rs.222.2 as compared to the previous close of Rs. 227.8. The total number of shares traded during the day was 12335 in over 822 trades.

The stock hit an intraday high of Rs. 232.1 and intraday low of 220.5. The net turnover during the day was Rs. 2768228.

Source : Equity Bulls

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