Zen Technologies has received a mandatory disclosure regarding a substantial acquisition of shares by the Schemes of Motilal Oswal Mutual Fund (acting as Persons Acting in Concert). The holding has increased to 5.0316% of the total share capital. This increase involved the acquisition of 55,352 shares through market transactions on February 23, 2026, moving the total holding to 45,43,059 shares.
Disclosure of Substantial Shareholding Change
Zen Technologies Limited was notified of a change in shareholding concerning its equity, as required under SEBI regulations. The disclosure pertains to the acquisition of shares by the various schemes managed by Motilal Oswal Mutual Fund, who are acting in concert.
Pre- and Post-Acquisition Holdings
Prior to the acquisition under consideration, the acquirer group held 44,87,707 shares, which represented 4.9703% of the total share capital and voting rights of the Target Company (TC).
Following the transaction, the total holding increased significantly:
- Shares carrying voting rights now stand at 45,43,059.
- This new holding represents 5.0316% of the total share capital and voting capital of Zen Technologies.
Details of the Transaction
The acquisition involved the purchase of an additional 55,352 shares carrying voting rights. This acquisition was executed via Market Transactions, confirming the purchase date as February 23, 2026.
Total Capital Structure Context
The equity share capital of Zen Technologies before and after the said acquisition remains based on a total of 9,02,90,356 shares (Face value of Rs. 1 each). The disclosure notes that the acquirer group does not belong to the Promoter or Promoter group of the company.
Source: BSE
