Business Standard

Board of Zensar approves merger of US based step down subsidiaries

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At meeting held on 18 March 2021

The Board of Zensar Technologies at its meeting held on 18 March 2021 has approved merger of the following US-based 100% step down subsidiaries into Zensar Technologies Inc., USA, a material subsidiary of the company:

1. Keystone Logic Inc.
2. Professional Access
3. Cynosure Inc.
4. Indigo Slate

The Board/Shareholders of the respective subsidiary(ies) have consented/approved the merger.

Consequent to the Merger, the merging entities would cease to exist as step-down subsidiaries/subsidiaries of the Company.

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First Published: Mar 19 2021 | 9:55 AM IST

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