Zen Technologies Limited (ZENTEC) is seeking shareholder approval via postal ballot for certain related party transactions.
The e-voting period is scheduled from June 21, 2025, to July 20, 2025.
One resolution pertains to material related party transactions with Unistring Tech Solutions Private Limited (UTS), a subsidiary, for up to ₹ 750 crore for FY 2025-26. This includes the purchase and sale of goods, materials, equipment, components, rendering services, and R&D.
Another resolution seeks approval for an increase in remuneration for Mr. Arjun Dutt Atluri, Vice President, effective August 1, 2025, considering his contributions to the company.
Members who are related parties shall not vote to approve resolution under item no. 1.