Zensar Technologies has announced plans to establish a new entity or branch in Zambia, as per the in-principle approval granted by its Board of Directors. The decision was made during a board meeting held on 2nd April 2026.
The new entity, tentatively named Zensar Technologies Zambia, will be set up either directly by the company or through its subsidiaries. The company or its subsidiaries will initially subscribe to the minimum capital required at face value. The exact size and turnover of the new entity have not been disclosed.
The initiative to establish a presence in Zambia aligns with Zensar Technologies’ strategic expansion into international markets, particularly in the software and allied services sector. However, the promoters or promoter group of Zensar Technologies do not have any direct interest in the new entity, which will be considered a related party due to its status as a step-down subsidiary or branch.
The company has not specified any governmental or regulatory approvals required for this establishment, nor has it provided an indicative timeline for the completion of the process. The financial consideration for the establishment will involve subscribing to the capital of the proposed entity or branch.
This move underscores Zensar Technologies’ commitment to expanding its global footprint and enhancing its service offerings in the software industry.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).