Zensar Technologies Limited has informed the Exchange regarding 'Update by the Company on the recent announcement on H-1B visa applications'.
ZENSARTECH · price
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On the reaction day the stock moved 0.7 pts more than Nifty Smallcap 250 and 0.7 pts more than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Zensar Technologies has reviewed the recent US Executive Order and subsequent Department of Homeland Security memorandum dated September 19-20, 2025, which imposed new restrictions on H-1B visa applications. The company stated it does not foresee any significant impact on its financials or operations due to its lower dependency on H-1B visas. Zensar highlighted that it has been focusing on local hiring and nearshoring over the years, and will continue to do so. The company also mentioned leveraging AI and next-gen technologies to strengthen its delivery model. It will keep monitoring developments and provide updates as needed.
Reassuring for shareholders as the company has proactively reduced H-1B dependency, suggesting limited earnings risk from the new US visa policy. Near-term stock reaction is likely neutral to mildly positive, given the proactive communication.