Zensar Technologies Ltd approves amalgamation of wholly owned subsidiary M3BI India into the company
- M3BI India will be dissolved without winding up; no shares or other consideration will be issued.
- The scheme will not change Zensar’s equity shareholding pattern and is intended to support synergies and operational efficiency.
- Completion is subject to NCLT sanction and other required approvals; the company said no stock-exchange observation or no-objection letter is required before filing with the NCLT.