Corporate Announcements

This is to inform that Mr P V Krishna Mohan, Chief Financial Officer has resigned from the services of the Company with effect from the close of business hours on 30 June 2015.

This is to inform that the equity shares of the Company shall be listed and admitted to dealings on the National Stock Exchange of India Limited (NSE) with effect from 30 March 2015.

More Info:

  Zen Technologies listed on National Stock Exchange with effect from March 30, 2015

  Listing of Equity Shares of the Company on National Stock Exchange -- Business Line

Board Resolution passed through Circulation for Allocation of sub-limits under Portfolio Investment for RFPIs (including QFIs and FIIs), NRIs and FVCIs etc – Defence Industry on 30 January 2015

This to inform that in accordance with Reserve Bank of India A.P. (DIR Series) Circular No. 46 dated 8 December 2014 on Foreign Direct Investment (FDI) in India – Review of FDI policy –Sector Specific conditions- Defence, the Board of Directors of the Company, by a resolution passed by circulation, accorded its consent, subject to the approval of shareholders, for

1) Allocation of sub-limits under Portfolio Investment for Registered Foreign Portfolio Investor/s (RFPIs) (including Qualified Foreign Investor/s (QFIs) and Foreign Institutional Investor/s (FIIs)), Foreign Venture Capital Investor/s (FVCIs) and Non Resident Indian/s (NRIs), subject to the condition that:

a) the total holding of all RFPIs (including QFIs and FIIs) and FVCIs put together shall not exceed aggregate limit of 20%; and

b) the total NRIs holding shall not exceed 4%;

within the default portfolio investment limit of 24% of the paid-up equity share capital of the Company or such other maximum limit as may be prescribed from time to time.

2) To seek approval of the shareholders for the above said matter, through Postal Ballot.

Further, the Board of Directors has also appointed Mr Mahadev Tirunagari, Practicing Company Secretary, to act as the Scrutinizer for conducting the Postal Ballot process.

As per the terms of the Public Announcement dated 23 April 2013, the Buyback offer of the Company will close with effect from 25 October 2013 (after closing of the trading hours on (Friday) the 25 October 2013), as scheduled.

• Sub: Audited financial results and consolidated financial results for the year ended March 31, 2012
• Ref: Clause 41 of the listing agreement. Scrip code 533339

The Board of Directors of the Company have recommended, at its meeting held on May 25, 2012, a final dividend of Rs. 6.50/- per equity share of face value of Rs. 10/- each for the financial year 2011-12.

This to inform you that a circular resolution of Board of Directors of the Company has been passed to close and de-register its 
subsidiary Zen Technologies FZE, UAE as there were no significant operations being carried out backed with the economic slowdown.