Nippon India Mutual Fund increased its stake in Zensar Technologies from 1.61% to 1.62%, acquiring 16,428 additional shares. The total shares held by the fund are now 3,685,071.
A digital solutions and technology services company headquartered in Pune, India, Zensar Technologies delivers comprehensive technology services across two core segments: application management services and infrastructure management services. Part of the Mumbai-based RPG group, it serves diverse industry verticals including high-tech and manufacturing, consumer services, and banking and financial services. The company maintains a global presence with offices located across India, the USA, UK, Europe, and Africa.
India's fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.
