ALPHA TRIBE

Zen Technologies LimitedImportant, 01-03-2025: General Updates

01-03-2025 | 10:43 am

Zen Technologies Limited has completed the acquisition of 100% of the total paid-up share capital of ARI Labs Private Limited (ALPL), making it a wholly owned subsidiary. Additionally, the company has acquired control of Applied Research International Private Limited (ARIPL) from Mr. Shravan Rewari and Ms. Naomi Rewari, with the transfer of 76% of ARIPL's equity shares currently in process. The remaining 24% will be acquired in due course as per the definitive agreements. This strategic move is expected to enhance Zen Technologies' operational capabilities and market presence, aligning with its growth objectives. Investors should monitor further developments in ARIPL's integration as it could present significant opportunities for expansion.

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