Stel Holdings Limited has informed the Exchange regarding 'STEL Holdings Limited has acquired 35970 shares of Zensar Technologies Limited through Market Purchase'.
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Stel Holdings Limited, an unregistered Core Investment Company and part of the promoter group of Zensar Technologies, has acquired 35,970 fully paid-up equity shares of Zensar Technologies through open market purchase. The total cost of acquisition is approximately Rs. 2 crores at a price of around Rs. 554.11 per share. This represents 0.016% of Zensar's share capital, taking Stel Holdings' existing holding from 0.05% to about 0.066%. The purchase was executed on March 5, 2026, and is not a related-party transaction. Zensar Technologies is a Pune-based IT services and consulting company with consolidated FY25 revenue of Rs. 5,280.60 crores.
This is a minor stake increase by a promoter group entity, reinforcing promoter commitment to Zensar Technologies. The financial impact is negligible given the small size of the acquisition, but it signals continued promoter confidence in the company.