Zensar Technologies has appointed Brahma Pandey as Senior Vice President, effective June 15, 2026, to strengthen its strategic growth and client engagement capabilities within the global technology services sector.

The Board of Directors approved the appointment based on the recommendation of the Nomination and Remuneration Committee. Pandey joins on a full-time employment basis, succeeding his tenure at Infosys where he led the Manufacturing Hitech vertical.

Pandey brings over 25 years of experience in the technology services industry, with deep expertise in the Manufacturing and High-Tech sectors. His career is marked by a track record of scaling businesses, managing large portfolios, and acquiring new clients in competitive markets.

Key Details of Appointment

The disclosure was made to the stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. There are no disclosed relationships between the appointee and the company's directors.

Zensar Technologies Limited has recommended a final dividend of ₹12.60 per share for the financial year ended March 31, 2026. The payout, amounting to 630% of the face value of ₹2 each, is subject to shareholder approval at the upcoming 63rd Annual General Meeting. The company has detailed the Tax Deducted at Source (TDS) implications and documentation required for shareholders to ensure compliance with the Indian Income Tax Act, 2025, with a submission deadline of Friday, June 26, 2026.

The Board of Directors approved the recommendation at its meeting on April 24, 2026. Under the Income Tax Act, dividend is taxable in the hands of shareholders, and the company is mandated to deduct TDS at applicable rates. For resident shareholders, tax will be deducted at 10% on dividend amounts exceeding ₹10,000 unless valid exemptions are claimed. Shareholders with invalid or inoperative PAN will face a higher TDS rate of 20%.

Tax Compliance Deadlines

Resident individuals seeking exemption from TDS must submit Form 121 and other prescribed documents to the Registrar and Transfer Agent, KFin Technologies Limited, or through their depository participants (NSDL/CDSL) by Friday, June 26, 2026. Non-resident shareholders wishing to claim benefits under Double Tax Avoidance Agreements (DTAA) must submit a Tax Residency Certificate, Form 41, and self-declarations regarding beneficial ownership and permanent establishment by the same deadline.

The company emphasized that dividend payments will be made only via electronic mode as per SEBI regulations. Shareholders must ensure their bank account details, PAN, and contact information are updated with KFin Technologies Limited to receive payouts. Zensar also noted the "Saksham Niveshak" campaign, running from April 1, 2026, to July 9, 2026, encouraging investors to claim unpaid dividends before transfer to the IEPF.