News Orders & Deals STEL Holdings Limited Acquires 35,970 Equity Shares in Zensar Technologies for Rs. 2.00 CroresSTEL Holdings Limited Acquires 35,970 Equity Shares in Zensar Technologies for Rs. 2.00 Crores
STEL Holdings Limited acquired 35,970 equity shares of Zensar Technologies Limited for approximately Rs. 2.00 crores through market purchase on March 05, 2026. The transaction was completed at Rs. 554.11 per share and increases STEL Holdings' stake by 0.016% in the technology consulting company. Zensar Technologies, incorporated in 1963, reported consolidated revenue of Rs. 5,280.60 crores in FY 2024-25 and operates across 30+ global locations with over 10,000 professionals.
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STEL Holdings Limited has announced the acquisition of 35,970 equity shares in Zensar Technologies Limited through a market purchase transaction completed on March 05, 2026. The company disclosed this acquisition under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Transaction Details
The acquisition involved purchasing fully paid equity shares with a face value of Re. 2/- each at approximately Rs. 554.11 per share, excluding brokerage and other applicable taxes and charges. The total cost of acquisition amounts to approximately Rs. 2.00 crores.
| Transaction Parameter: | Details |
|---|---|
| Number of Shares Acquired: | 35,970 equity shares |
| Price per Share: | Rs. 554.11 (approx.) |
| Total Investment: | Rs. 2.00 crores (approx.) |
| Shareholding Increase: | 0.016% |
| Transaction Date: | March 05, 2026 |
| Settlement Confirmation: | March 06, 2026 |
About Zensar Technologies
Zensar Technologies Limited is a leading technology consulting and services company guided by an 'experience-led everything' philosophy. Headquartered in Pune, India, the company operates with a diverse team of over 10,000 professionals across 30+ global locations, serving 145+ leading enterprises.
The company's consolidated revenue performance shows consistent growth:
| Financial Year: | Revenue (Rs. Crores) |
|---|---|
| FY 2022-23: | 4,848.20 |
| FY 2023-24: | 4,901.90 |
| FY 2024-25: | 5,280.60 |
Business Operations and Services
Zensar Technologies operates in the Computers - Software & Consulting industry, offering comprehensive technology solutions. The company's service portfolio includes:
- Cloud Infrastructure and Security
- Data Engineering and Analytics
- Artificial Intelligence solutions
- Enterprise Applications (CRM and ERP)
- IT managed services and application management
Incorporated on March 29, 1963, Zensar has established a global presence and maintains its commitment to delivering value, championing sustainability, and putting people first in its operations.
Strategic Context
STEL Holdings Limited, an unregistered Core Investment Company and member of the promoter group of Zensar Technologies Limited, made this acquisition in the ordinary course of its business. The company was already an existing shareholder holding 0.05% of shares in Zensar Technologies prior to this transaction.
The acquisition was executed as a market purchase through trades at stock exchanges at prevailing market prices, and does not constitute a related party transaction. No governmental or regulatory approvals were required for completing this acquisition, as confirmed in the regulatory disclosure.
Historical Stock Returns for STEL Holdings
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.39% | +3.89% | +10.27% | +11.84% | +36.54% | +530.21% |
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