Zen Technologies announced that the Board of Directors of the Company at its meeting held on 18 May 2018, inter alia, have recommended the final dividend of Rs 0.3 per equity Share (i.e. 30%) , subject to the approval of the shareholders.

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Net profit of Zen Technologies rose 292.75% to Rs 13.55 crore in the quarter ended March 2019 as against Rs 3.45 crore during the previous quarter ended March 2018. Sales rose 233.86% to Rs 44.67 crore in the quarter ended March 2019 as against Rs 13.38 crore during the previous quarter ended March 2018.

For the full year,net profit reported to Rs 19.24 crore in the year ended March 2019 as against net loss of Rs 0.39 crore during the previous year ended March 2018. Sales rose 136.70% to Rs 92.22 crore in the year ended March 2019 as against Rs 38.96 crore during the previous year ended March 2018.

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Zen Technologies will hold a meeting of the Board of Directors of the Company on 18 May 2019.

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To the intimation letter dated 14 August 2018, Zen Technologies announced that the Company had completed acquisition of 51 % shareholding in Unistring Tech Solutions as per the documents received on 10 May 2019. Accordingly, Unistring Tech Solutions became subsidiary of Zen Technologies with effect from 08 May 2019.

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