Franklin Templeton Mutual Fund increased its stake in Zensar Technologies from 2.84% to 2.85%, raising its shareholding from 6,469,783 to 6,477,211 shares.
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.
Indian arm of Franklin Templeton Investments, a global AMC with over USD 1.5 trillion in assets worldwide. Manages over Rs 1.2 lakh crore in India. Navigated a significant setback when six debt schemes were wound up in April 2020 due to illiquid credit exposure, with full investor capital recovered by 2022. Equity franchise led by CIO Anand Radhakrishnan has maintained consistent performance through the volatility.
