Zensar Technologies has addressed rumors circulating in the news regarding a potential acquisition of Mastek for $900 million. The company clarified that as of February 3, 2026, there are no ongoing negotiations or developments that require disclosure. Zensar stated that they are unaware of any undisclosed information that could explain recent movements in the company’s trading activity.
Response to Acquisition Speculation
Zensar Technologies has issued a clarification concerning a recent news item that suggested the company was in talks to acquire Mastek for $900 million. The news item, dated February 3, 2026, had prompted the company to address the market directly.
Official Statement
Zensar officially stated that there are currently no negotiations taking place regarding the acquisition mentioned in the news. Further, they are unaware of any non-public information that would account for recent trading activity.
No Regulatory/Legal Proceedings
The company confirmed that there are no current regulatory or legal proceedings related to the acquisition.
Source: BSE